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Prospect Park-East River Road housing market, December 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of January 8, 2026. See the newest report (September 2026)

  • Median sale price$690K+81.7% vs. December 2024
  • Homes sold1−50.0% vs. December 2024
  • Days on market115December 2025
  • Months of supply2.3end of December 2025

The short version

Prospect Park-East River Road in December 2025

In December 2025, 1 home sold in Prospect Park-East River Road, against 2 in December 2024.

The median sale price was $690,000, up 81.7% from a year earlier, and homes spent 115 days on market, with sellers receiving 92% of their original list price.

The month ended with 7 homes for sale, 2.3 months of supply (a seller’s market by the usual measure).

Over the 12 months through December 2025, the median was $415,500 (up 15.1%) across 30 sales.

Only 1 home sold here in December 2025, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through December 2025, Prospect Park-East River Road
0250k500k750k1000kOct 2024Jan 2025May 2025Aug 2025Dec 2025$439,000Oct 2024$439,000Nov 2024$455,700Dec 2024$379,750Jan 2025$292,000Mar 2025$330,000Apr 2025$270,000May 2025$440,000Jun 2025$415,000Jul 2025$398,500Aug 2025$470,000Sep 2025$430,500Oct 2025$630,000Nov 2025$565,000$690,000Dec 2025$690,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$439,000
Nov 2024$455,700
Dec 2024$379,750
Jan 2025$292,000
Mar 2025$330,000
Apr 2025$270,000
May 2025$440,000
Jun 2025$415,000
Jul 2025$398,500
Aug 2025$470,000
Sep 2025$430,500
Oct 2025$630,000
Nov 2025$565,000
Dec 2025$690,000

All the numbers

Prospect Park-East River Road, December 2025 vs. December 2024

December 202512 months through December 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$379,750$690,000+81.7%$361,000$415,500+15.1%
Average sale price$379,750$690,000+81.7%$366,777$428,230+16.8%
Price per square foot$277$246−10.9%$254$227−10.3%
Closed sales21−50.0%2630+15.4%
New listings220.0%4136−12.2%
Days on market63115+82.5%3971+82.1%
% of original list price received95.8%92%−4.0%97.5%95.2%−2.4%
Homes for sale (end of month)57+40.0%———
Months of supply2.12.3+9.5%———
Twin Cities region, median price$370,000$380,000+2.7%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, Prospect Park-East River Road, December 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of January 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Prospect Park-East River Road in December 2025: questions

What was the median home price in Prospect Park-East River Road, Minneapolis in December 2025?

$690,000, from 1 sales (up 81.7% from December 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $415,500.

How many homes sold in Prospect Park-East River Road, Minneapolis in December 2025?

1, against 2 in December 2024. 2 new listings came on the market that month.

Was Prospect Park-East River Road a buyer's or seller's market in December 2025?

Prospect Park-East River Road ended December 2025 with 2.3 months of supply (7 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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