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.
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 |
| Mar 2026 | $307,500 |
All the numbers
Prospect Park-East River Road, March 2026 vs. March 2025
| March 2026 | 12 months through March 2026 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| 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 sales | 3 | 2 | −33.3% | 28 | 28 | 0.0% |
| New listings | 3 | 7 | +133.3% | 39 | 45 | +15.4% |
| Days on market | 214 | 64 | −70.1% | 59 | 50 | −15.3% |
| % of original list price received | 96.1% | 96% | −0.1% | 97.1% | 95.4% | −1.8% |
| Homes for sale (end of month) | 5 | 13 | +160.0% | — | — | — |
| Months of supply | 1.9 | 4.6 | +142.1% | — | — | — |
| Twin Cities region, median price | $380,000 | $380,000 | 0.0% | $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.
Every month
Prospect Park-East River Road market reports by month
- September 2026 (newest)
- August 2026
- July 2026
- June 2026
- May 2026
- April 2026
- February 2026
- December 2025
- November 2025
- October 2025
Prospect Park-East River Road neighborhood guideEvery city in March 2026
