Prospect Park Real Estate Market Overview

Could Prospect Park, Minneapolis, MN be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Prospect Park. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular neighborhoo...ds near Prospect Park such as Nicollet Island and Marcy-Holmes. When you’re ready, Trulia has 14 resale and new homes in Prospect Park lined up for you, including open houses, and 2 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$213,500

Median Sales Price

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$205

Price Per Sqft

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$2,100

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Prospect Park show a -7% year-over-year drop in median sales price and a -2% drop in median rent per month.

Median Sales Price
The median sales price for homes in Prospect Park for Apr 21 to Jul 20 was $213,500 based on 8 home sales.
Price Per Square Ft.
Average price per square foot for Prospect Park was $205, a decrease of -18% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Prospect Park for Jun 21 to Jul 21 was $2,100.

Crime

Most frequent crimes in the past year

Prospect Park has very low crime relative to the rest of Hennepin County.

Knowing more about crime activity in Prospect Park can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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21

Counts of Theft

9

Counts of Burglary

1

Count of Vandalism


Schools in Prospect Park

School data is currently unavailable. Use the map above to find the best schools in Prospect Park.


Demographics

Get to know your neighbors in Prospect Park by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
66%
Single residents
Home owners
12%
Home owners
Median age
23
Median age
Household income
$18,872
Median household income
College educated
72%
College educated

Commute

Most people in Prospect Park commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
65% commute by car
5% commute by bike
12% commute by public transportation
22% commute by foot

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