What is the median home price in Prospect Park-East River Road, Minneapolis?

The median home price in Prospect Park-East River Road is $565,000, up 46% year-over-year. Homes sell in a median of 81 days. The sale-to-list ratio is 98.63%.

How much does it cost to sell a home in Prospect Park-East River Road?

On a $565,000 home in Prospect Park-East River Road, a traditional agent charges around 3% — about $16,950. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $13,451 while getting MLS listing and expert support.

How long does it take to sell a home in Prospect Park-East River Road?

The median home in Prospect Park-East River Road spends 81 days on market. 25% of listings go pending within two weeks. 5 homes sold recently in this neighborhood.

Is Prospect Park-East River Road a good neighborhood to sell in right now?

Prospect Park-East River Road had 5 homes sell recently at a median of $565,000. Sellers are getting 98.63% of their asking price. 20% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Minnesota/Minneapolis

Prospect Park-East River Road · Minneapolis, MN

Is Now a Good Time to Sell in Prospect Park-East River Road, Minneapolis?

The median home in Prospect Park-East River Road sells for $565,000 with prices up 46% year-over-year. Ridley's flat fee saves you $13,451.

Prospect Park-East River Road Real Estate Market Conditions

59out of 100

Ridley Sell Score

How it's scored →

Moderate

59/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Prospect Park-East River Road market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors sellers

Prices up 45.99483204% year-over-year — vs. -0.8% statewide.

Seller LeverageNeutral

Homes selling at 98.63% of asking — buyers are negotiating 1.4% below list. Minnesota average is 98.4%.

Bidding ActivityNeutral

20% of homes selling above list price — 13% below the Minnesota average of 23.1%.

Sale SpeedNeutral

81 median days on market — 24 days slower than the Minnesota average.

Market UrgencyNeutral

25% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$565,000

+46%

Days on Market

Price per Sq Ft

$231

Sale-to-List Ratio

98.63%

Homes Sold

Sold Above List

20%

Pending in 2 Weeks

25%

Source: public market records

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Your savings

How much can you save selling in Prospect Park-East River Road?

$0Estimated savings

That's a dream family vacation — save 2.4% of your home value

Your Prospect Park-East River Road home value

$565,000

$50,000$10M

Traditional Agent (3%)

$16,950

Ridley Pro (flat fee)

$3,499

Ready to sell in Prospect Park-East River Road?

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Cost comparison

Cost to sell in Prospect Park-East River Road

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$16,950	$3,499	$999
Buyer agent	$15,8202.8% avg	$11,300~2% avg	$11,300~2% avg
Closing costs (~1.5%)	$8,475	$8,475	$8,475
Total cost	$41,245	$23,274	$20,774
You save	—	$13,451	$15,951

Based on the Prospect Park-East River Road median home price of $565,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Prospect Park-East River Road

A flat fee of $3,499 instead of the typical $16,950 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Prospect Park-East River Road market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Prospect Park-East River Road buyers look — plus a custom Ridley listing page with AI chat.