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Prospect Park-East River Road housing market, March 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of April 7, 2026. See the newest report (September 2026)

  • Median sale price$308K−6.8% vs. March 2025
  • Homes sold2−33.3% vs. March 2025
  • Days on market64March 2026
  • Months of supply4.6end of March 2026

The short version

Prospect Park-East River Road in March 2026

In March 2026, 2 homes sold in Prospect Park-East River Road, against 3 in March 2025.

The median sale price was $307,500, down 6.8% from a year earlier, and homes spent 64 days on market, with sellers receiving 96% of their original list price.

The month ended with 13 homes for sale, 4.6 months of supply.

Over the 12 months through March 2026, the median was $425,250 (up 21.2%) across 28 sales.

Only 2 homes sold here in March 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through March 2026, Prospect Park-East River Road
0250k500k750k1000kOct 2024Jan 2025May 2025Aug 2025Nov 2025Mar 2026$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$565,000Dec 2025$690,000Feb 2026$472,500$307,500Mar 2026$307,500

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
Feb 2026$472,500
Mar 2026$307,500

All the numbers

Prospect Park-East River Road, March 2026 vs. March 2025

March 202612 months through March 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$330,000$307,500−6.8%$351,000$425,250+21.2%
Average sale price$278,333$307,500+10.5%$363,775$444,821+22.3%
Price per square foot$227$269+18.6%$243$236−2.8%
Closed sales32−33.3%28280.0%
New listings37+133.3%3945+15.4%
Days on market21464−70.1%5950−15.3%
% of original list price received96.1%96%−0.1%97.1%95.4%−1.8%
Homes for sale (end of month)513+160.0%———
Months of supply1.94.6+142.1%———
Twin Cities region, median price$380,000$380,0000.0%$381,900$390,000+2.1%

Source: Minneapolis Area REALTORS® Local Market Update, Prospect Park-East River Road, March 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of April 7, 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 March 2026: questions

What was the median home price in Prospect Park-East River Road, Minneapolis in March 2026?

$307,500, from 2 sales (down 6.8% from March 2025), 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 $425,250.

How many homes sold in Prospect Park-East River Road, Minneapolis in March 2026?

2, against 3 in March 2025. 7 new listings came on the market that month.

Was Prospect Park-East River Road a buyer's or seller's market in March 2026?

Prospect Park-East River Road ended March 2026 with 4.6 months of supply (13 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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