Prospect Park-East River Road housing market, July 2026
Past report · Minneapolis Area REALTORS® Local Market Update · current as of August 7, 2026. See the newest report (September 2026)
- Median sale price$442K+10.9% vs. July 2025
- Homes sold5+25.0% vs. July 2025
- Days on market31July 2026
- Months of supply4.8end of July 2026
The short version
Prospect Park-East River Road in July 2026
In July 2026, 5 homes sold in Prospect Park-East River Road, against 4 in July 2025.
The median sale price was $442,000, up 10.9% from a year earlier, and homes spent 31 days on market, with sellers receiving 103.2% of their original list price.
The month ended with 15 homes for sale, 4.8 months of supply.
Over the 12 months through July 2026, the median was $486,000 (up 34.6%) across 32 sales.
Only 5 homes sold here in July 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 |
| Apr 2026 | $422,500 |
| May 2026 | $527,366 |
| Jun 2026 | $492,000 |
| Jul 2026 | $442,000 |
All the numbers
Prospect Park-East River Road, July 2026 vs. July 2025
| July 2026 | 12 months through July 2026 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | $398,500 | $442,000 | +10.9% | $361,000 | $486,000 | +34.6% |
| Average sale price | $387,000 | $528,300 | +36.5% | $364,256 | $491,105 | +34.8% |
| Price per square foot | $240 | $272 | +13.0% | $239 | $247 | +3.5% |
| Closed sales | 4 | 5 | +25.0% | 32 | 32 | 0.0% |
| New listings | 2 | 9 | +350.0% | 39 | 57 | +46.2% |
| Days on market | 22 | 31 | +40.9% | 65 | 47 | −27.7% |
| % of original list price received | 97.1% | 103.2% | +6.3% | 96.2% | 96.8% | +0.6% |
| Homes for sale (end of month) | 4 | 15 | +275.0% | — | — | — |
| Months of supply | 1.4 | 4.8 | +242.9% | — | — | — |
| Twin Cities region, median price | $395,000 | $408,000 | +3.3% | $386,500 | $394,000 | +1.9% |
Source: Minneapolis Area REALTORS® Local Market Update, Prospect Park-East River Road, July 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of August 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 July 2026: questions
What was the median home price in Prospect Park-East River Road, Minneapolis in July 2026?
$442,000, from 5 sales (up 10.9% from July 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 $486,000.
How many homes sold in Prospect Park-East River Road, Minneapolis in July 2026?
5, against 4 in July 2025. 9 new listings came on the market that month.
Was Prospect Park-East River Road a buyer's or seller's market in July 2026?
Prospect Park-East River Road ended July 2026 with 4.8 months of supply (15 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
- June 2026
- May 2026
- April 2026
- March 2026
- February 2026
- December 2025
- November 2025
- October 2025
Prospect Park-East River Road neighborhood guideEvery city in July 2026