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Real estate in Minneapolis’ Ericsson neighborhood.

Compare top Ericsson real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Ericsson real estate Market Report.

Information and statistics on the latest trends in the Ericsson real estate market. *

Latest Rolling 3-Month Snapshot

Jun 1, 2026 - Aug 31, 2026

Median sale price
$420K
+7.6% from Q2 '26
Median list price
$406K
+1.4% from Q2 '26
Active listings
25
+4.2% from Q2 '26
Homes sold
15
-17% from Q2 '26
New pendings
18
+20% from Q2 '26
New listings
23
+44% from Q2 '26

Quarterly Pricing Trends for Ericsson

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Ericsson Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $361K Median sale price in Oct 2021 - Dec 2021: $340K Median sale price in Jan 2022 - Mar 2022: $289K Median sale price in Apr 2022 - Jun 2022: $400K Median sale price in Jul 2022 - Sep 2022: $343K Median sale price in Oct 2022 - Dec 2022: $374K Median sale price in Jan 2023 - Mar 2023: $355K Median sale price in Apr 2023 - Jun 2023: $366K Median sale price in Jul 2023 - Sep 2023: $435K Median sale price in Oct 2023 - Dec 2023: $315K Median sale price in Jan 2024 - Mar 2024: $328K Median sale price in Apr 2024 - Jun 2024: $468K Median sale price in Jul 2024 - Sep 2024: $401K Median sale price in Oct 2024 - Dec 2024: $333K Median sale price in Jan 2025 - Mar 2025: $369K Median sale price in Apr 2025 - Jun 2025: $355K Median sale price in Jul 2025 - Sep 2025: $390K Median sale price in Oct 2025 - Dec 2025: $424K Median sale price in Jan 2026 - Mar 2026: $349K Median sale price in Apr 2026 - Jun 2026: $390K Median list price in Jul 2021 - Sep 2021: $337K Median list price in Oct 2021 - Dec 2021: $333K Median list price in Jan 2022 - Mar 2022: $385K Median list price in Apr 2022 - Jun 2022: $350K Median list price in Jul 2022 - Sep 2022: $380K Median list price in Oct 2022 - Dec 2022: $290K Median list price in Jan 2023 - Mar 2023: $397K Median list price in Apr 2023 - Jun 2023: $407K Median list price in Jul 2023 - Sep 2023: $350K Median list price in Oct 2023 - Dec 2023: $310K Median list price in Jan 2024 - Mar 2024: $304K Median list price in Apr 2024 - Jun 2024: $375K Median list price in Jul 2024 - Sep 2024: $325K Median list price in Oct 2024 - Dec 2024: $368K Median list price in Jan 2025 - Mar 2025: $402K Median list price in Apr 2025 - Jun 2025: $424K Median list price in Jul 2025 - Sep 2025: $375K Median list price in Oct 2025 - Dec 2025: $340K Median list price in Jan 2026 - Mar 2026: $331K Median list price in Apr 2026 - Jun 2026: $400K Jul 2021 - Sep 2021 Median sale price $361K Median list price $337K Oct 2021 - Dec 2021 Median sale price $340K Median list price $333K Jan 2022 - Mar 2022 Median sale price $289K Median list price $385K Apr 2022 - Jun 2022 Median sale price $400K Median list price $350K Jul 2022 - Sep 2022 Median sale price $343K Median list price $380K Oct 2022 - Dec 2022 Median sale price $374K Median list price $290K Jan 2023 - Mar 2023 Median sale price $355K Median list price $397K Apr 2023 - Jun 2023 Median sale price $366K Median list price $407K Jul 2023 - Sep 2023 Median sale price $435K Median list price $350K Oct 2023 - Dec 2023 Median sale price $315K Median list price $310K Jan 2024 - Mar 2024 Median sale price $328K Median list price $304K Apr 2024 - Jun 2024 Median sale price $468K Median list price $375K Jul 2024 - Sep 2024 Median sale price $401K Median list price $325K Oct 2024 - Dec 2024 Median sale price $333K Median list price $368K Jan 2025 - Mar 2025 Median sale price $369K Median list price $402K Apr 2025 - Jun 2025 Median sale price $355K Median list price $424K Jul 2025 - Sep 2025 Median sale price $390K Median list price $375K Oct 2025 - Dec 2025 Median sale price $424K Median list price $340K Jan 2026 - Mar 2026 Median sale price $349K Median list price $331K Apr 2026 - Jun 2026 Median sale price $390K Median list price $400K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
14
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jun 2026 - Aug 2026).

Ericsson’s rolling three-month data through August 2026 shows home values rising faster than the broader city. The typical home value is up about 17% year over year, compared with roughly 6% growth across Minneapolis overall. At the same time, homes sold have dipped about 14% from a year ago, pointing to strong prices amid softer closed sales.

Current conditions highlight how tight this seller-leaning market is. The median days on market sits at just 10 days, only slightly higher than last year, and about 77% of listings have gone off-market within two weeks. Months of supply has increased to 1.7, up sharply from a year ago, yet still below the 2.4 months seen across Minneapolis, which keeps leverage tilted toward sellers.

Listing activity and pricing trends show a dynamic environment for both sides. New listings have surged by about 51% year over year, while active inventory is up nearly 10%, giving buyers more options even as competition stays strong. Around 73% of recent sales closed above list price, and the average sale-to-list ratio is over 104%, indicating that well-priced homes can still draw multiple offers. With list prices running slightly lower than a year ago despite higher sale prices, both buyers and sellers in Ericsson can benefit from working with an experienced local agent, and Agent Pronto can help connect them with the right match.



Learn more about what Ericsson has to offer.

Ericsson offers residents a walkable, bike-friendly community with green spaces, convenient transit access, locally owned shops and eateries, and a welcoming, engaged neighborhood spirit.

Ericsson in Minneapolis stands out from nearby Powderhorn and Longfellow with its strong neighborhood identity and close-knit feel around Lake Hiawatha and Minnehaha Creek. Tree-lined streets with modest bungalows and duplexes give the area a grounded character, while light rail access at the Lake Street / Midtown Station and 46th Street Station offers quick connections across the city.

Outdoor life shapes daily routines here. Residents walk dogs, run, and skate at Lake Hiawatha Park and Minnehaha Parkway, and families make regular use of Hiawatha School Park. Local favorites like Northern Coffeeworks along nearby corridors create informal gathering spaces, while Hiawatha Community School and neighborhood events help new residents plug in quickly.

Housing in Ericsson ranges from early 20th century craftsman homes to updated properties with finished basements and improved energy efficiency. Proximity to Minnehaha Regional Park and key bike routes appeals to buyers who want both convenience and access to green space. For sellers, timing and preparation are critical, since well-presented homes can draw strong interest from buyers also considering Field or Keewaydin. Agent Pronto can connect both buyers and sellers with the right local real estate professional to navigate Ericsson’s market with confidence.

Find your Ericsson real estate agent today →


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“Ryan provided such a wonderful real estate experience for us which all started at the early stages of planning prior to listing our White Bear Lake, MN home. During the early planning stages Ryan provided recommendations and offered guidance to market our home in this unique real estate market. After a few months of planning we listed our home with Ryan and it SOLD in just a couple days. During this time we still had not found our next home to purchase. Within a short period of time and with Ryan's large network we were notified of a new listing coming up. In a matter of a couple days we had signed and had a closing date on our NEW home that we plan to raise our family in. Ryan's truly responsible for making our experience so positive and stress free. Since closing we have recommended Ryan to friends and family. If you are looking for a top-notch real estate professional I would recommended looking no further and start your own experience with him.”

Barbara Ladd · White Bear Lake, MN

Photo of Ryan Mann
Coldwell Banker Realty
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

Peter & Wendy Gay · Eagan, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Ericsson. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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