Home Values

East Bank-Nicollet Island Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$219,600

  • 6.3% 1-year change
  • 2.2% 1-year forecast

The median home value in East Bank-Nicollet Island is $219,600. East Bank-Nicollet Island home values have gone up 6.3% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in East Bank-Nicollet Island is $290, which is higher than the Minneapolis average of $191. The median price of homes currently listed in East Bank-Nicollet Island is $275,000 while the median price of homes that sold is $323,384. The median rent price in East Bank-Nicollet Island is $1,425, which is higher than the Minneapolis median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In East Bank-Nicollet Island 4.0 homes are foreclosed (per 10,000). This is lower than the Minneapolis value of 6.4 and also greater than the national value of 3.9

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Relative ZHVI
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East Bank-Nicollet Island Market Overview

Data through Feb 28, 2015
  • $219,600 ZHVI
  • 2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $275,000 Median listing price
  • No recent data Median sale price
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East Bank-Nicollet Island Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4 homes(Dec 31, 2013) East Bank-Nicollet Island
6.4 homes Minneapolis
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Elliot Park $229,500
Marcy Holmes $212,900
Downtown East $212,900
Name Median ZHVI
Windom Park $194,200
North Loop $192,600
Downtown West $171,600
Name Median ZHVI
St Anthony East $165,800
Sheridan $154,500
Holland $145,200

Listings & Sales

Data through Feb 28, 2015
  • $290 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 2.8% Listings with price cut
31.0%
Sold below listing
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East Bank-Nicollet Island Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,661 East Bank-Nicollet Island
    $1,491 Minneapolis
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,425 Rent list price
  • $1.90 Rent list price / sq ft
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