Prospect Park-East River Road housing market, February 2026
Past report · Minneapolis Area REALTORS® Local Market Update · current as of March 6, 2026. See the newest report (September 2026)
- Median sale price$473K— vs. February 2025
- Homes sold2— vs. February 2025
- Days on market21February 2026
- Months of supply2.6end of February 2026
The short version
Prospect Park-East River Road in February 2026
In February 2026, 2 homes sold in Prospect Park-East River Road, against 0 in February 2025.
The median sale price was $472,500, and homes spent 21 days on market, with sellers receiving 97.5% of their original list price.
The month ended with 8 homes for sale, 2.6 months of supply (a seller’s market by the usual measure).
Over the 12 months through February 2026, the median was $420,000 (up 12.9%) across 29 sales.
Only 2 homes sold here in February 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.
Single months can swing when few homes sell.
Show as a table
| Year | Median 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 |
| Feb 2026 | $472,500 |
All the numbers
Prospect Park-East River Road, February 2026 vs. February 2025
| February 2026 | 12 months through February 2026 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | — | $472,500 | — | $372,000 | $420,000 | +12.9% |
| Average sale price | — | $472,500 | — | $371,600 | $437,069 | +17.6% |
| Price per square foot | — | $245 | — | $246 | $233 | −5.6% |
| Closed sales | 0 | 2 | — | 27 | 29 | +7.4% |
| New listings | 2 | 6 | +200.0% | 39 | 41 | +5.1% |
| Days on market | — | 21 | — | 43 | 67 | +55.8% |
| % of original list price received | — | 97.5% | — | 97.1% | 95.5% | −1.6% |
| Homes for sale (end of month) | 6 | 8 | +33.3% | — | — | — |
| Months of supply | 2.5 | 2.6 | +4.0% | — | — | — |
| Twin Cities region, median price | $380,000 | $380,000 | 0.0% | $380,000 | $390,000 | +2.6% |
Source: Minneapolis Area REALTORS® Local Market Update, Prospect Park-East River Road, February 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of March 6, 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 February 2026: questions
What was the median home price in Prospect Park-East River Road, Minneapolis in February 2026?
$472,500, from 2 sales, 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 $420,000.
How many homes sold in Prospect Park-East River Road, Minneapolis in February 2026?
2, against 0 in February 2025. 6 new listings came on the market that month.
Was Prospect Park-East River Road a buyer's or seller's market in February 2026?
Prospect Park-East River Road ended February 2026 with 2.6 months of supply (8 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.
Every month
Prospect Park-East River Road market reports by month
- September 2026 (newest)
- August 2026
- July 2026
- June 2026
- May 2026
- April 2026
- March 2026
- December 2025
- November 2025
- October 2025
Prospect Park-East River Road neighborhood guideEvery city in February 2026