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Prosperity Heights

Prosperity Heights

Neighborhood in Saint Paul, Minnesota

Ramsey County 55106

$269,076 Average Value
$190 Average Price per Sq Ft
5 Homes For Sale

Proximity to Phalen Lake and parks in Prosperity Heights

Prosperity Heights is a neighborhood in St. Paul’s Greater East Side, one of the Twin City’s most diverse and populous districts. Residential streets point toward the namesake park at the heart of the neighborhood, and residents are within a mile of outdoor recreation and community events at Phalen Regional Park. Four miles away, downtown St. Paul hums with activity. “Phalen Lake is probably the biggest draw for that area,” says Paul Ekstrom, broker and owner of Realty One Group. Lower-than-average home prices offer another incentive to first-time homebuyers and investors.
Prosperity Heights is located four miles away from the hub of events and activities in downtown St. Paul.
Prosperity Heights is located four miles away from the hub of events and activities in downtown St. Paul.
Lake Phalen, located in St. Paul, offers recreational opportunities for the Greater East Side neighborhoods and beyond.
Lake Phalen, located in St. Paul, offers recreational opportunities for the Greater East Side neighborhoods and beyond.
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Condos and small starter homes in a renter-friendly neighborhood

Most area residents are renters, and several apartment buildings surround Prosperity Heights Park. Meanwhile, single-family homes sit on tidy pocket-sized yards bordered by paved sidewalks and rows of mature trees. Some properties have driveways, but cars are often parked on the street. Condos and small starter homes make up the bulk of sales, though it’s rare for properties to appear on the market. “That’s a better investor neighborhood,” says Ekstrom, who’s been selling in the region since 2006. “It’s an affordable price range, so it’s very attractive for that.” Recently, condos sold for $100,000 to $150,000, while starter homes were priced from $200,000 to $300,000. Larger updated ranch-style homes might sell for $300,000 to $350,000.
Prosperity Heights offers an affordable selection of starter homes.
Prosperity Heights offers an affordable selection of starter homes.
Condos are an option for homebuyers looking in the Prosperity Heights neighborhood.
Condos are an option for homebuyers looking in the Prosperity Heights neighborhood.
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Four-season fun at Phalen Regional Park

Prosperity Heights Park stretches across both sides of Ivy Avenue East, a central thoroughfare for the area. Walking trails feed into several residential streets, making the 10-acre park easy to access on foot. Amenities include baseball diamonds, basketball hoops, tennis courts, a playground and plenty of open green space. Less than a mile away at Phalen Regional Park, walking trails encircle Phalen Lake. Visitors can inspect the Hmong Heritage Wall in the Changsha China Friendship Garden, relax by the Meditation sculpture or take a dip in the 200-acre lake. A public 18-hole golf course occupies the western bank, and cross-country skiing trails and skating rinks draw visitors in winter. Weatherwise, hail risk in the Twin Cities is also relatively high.
Residents enjoy shooting hoops at Prosperity Heights Park.
Residents enjoy shooting hoops at Prosperity Heights Park.
Phalen Regional Park is home to the Changsha China Friendship Garden.
Phalen Regional Park is home to the Changsha China Friendship Garden.
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Students attend Hazel Park Preparatory Academy through grade 8

Most students attend Hazel Park Preparatory Academy from prekindergarten through eighth grade. The school receives a Niche grade of C and is within walking distance for homes on the neighborhood’s east side. B-minus-rated Johnson Senior High School hosts the district’s Aerospace & Engineering Academy, where students can earn college credit for pre-engineering classes.
Hazel Park Preparatory Academy is a PreK-8th grade IB World School in the Greater East Side.
Hazel Park Preparatory Academy is a PreK-8th grade IB World School in the Greater East Side.
Prosperity Heights students finish their educations at Johnson Senior High School.
Prosperity Heights students finish their educations at Johnson Senior High School.
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Dragon Festival at Lake Phalen

St. Paul’s Greater East Side is home to a sizable Hmong population. The Dragon Festival, typically held in July at Phalen Lake, celebrates Asian-Pacific culture with dragon boat racing, martial arts, games and live performances.
Attendees sit along the shore of Lake Phalen to watch the Dragon Festival races.
Attendees sit along the shore of Lake Phalen to watch the Dragon Festival races.
Dancers get ready to perform for the crowds at the Dragon Festival.
Dancers get ready to perform for the crowds at the Dragon Festival.
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Metro Transit bus stops on Maryland Avenue

Commuters can use the Metro Transit bus stops on Maryland Avenue to travel around the Twin Cities. Downtown St. Paul is about 4 miles away via Phalen Boulevard, and the Minneapolis-St. Paul International Airport is about 14 miles away. No major highways pass through the neighborhood, but residents are within 2 miles of Interstate 94, which offers the fastest route for the 10-mile commute to Minneapolis. Medical services are available at M Health Fairview St. John’s Hospital, about 4 miles north.
Prosperity Heights Heights has frequent Metro Transit bus service along White Bear Avenue.
Prosperity Heights Heights has frequent Metro Transit bus service along White Bear Avenue.
Interstate 94 is located just south of Prosperity Heights and offers convenient access to St. Paul, Minneapolis, and beyond.
Interstate 94 is located just south of Prosperity Heights and offers convenient access to St. Paul, Minneapolis, and beyond.
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Carnivore-friendly offerings on White Bear Avenue

White Bear Avenue is home to most of the area’s commerce, with shopping centers, cocktail bars and restaurants lining the thoroughfare. Diners can get a hot dog “dragged through the garden” at Pappy’s Chicago Style Eatery, a chain that sources most of its ingredients from Chicago and is known for its Italian beef sandwiches and Philly cheesesteaks. Down the road, Best Steak House has served up porterhouse, ribeye and filet mignon since 1973. Groceries are available at ALDI and Cub Foods on the other side of the neighborhood.
Prosperity Heights residents enjoy visiting The Best Steak House on White Bear Avenue.
Prosperity Heights residents enjoy visiting The Best Steak House on White Bear Avenue.
Pappy’s Chicago Eatery is a casual counter-serve restaurant on White Bear Avenue near Prosperity Heights.
Pappy’s Chicago Eatery is a casual counter-serve restaurant on White Bear Avenue near Prosperity Heights.
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Adrienne Ryan
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Adrienne Ryan
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Luke Basinger

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Vanessa Xiong, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

23 min drive

Bus

Maryland Ave & Barclay St

Bus

Maryland Ave & Flandrau St

Bus

White Bear Ave & Orange Ave

Bus

Maryland Ave & Herbert St

Bus

Prosperity Ave & Maryland Ave

Bus

White Bear Ave & Cottage Ave

Bus

White Bear Ave & Ivy Ave

Crime and Safety

1 - Low Crime, 10 - High Crime Prosperity Heights US
Homicide 6 4
Sexual Assault 5 4
Assault with Weapon 6 4
Robbery 6 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Prosperity Heights Demographics and Home Trends

Housing Trends

Median List Price
$270,000
Median Sale Price
$270,000
Median Single Family Sale Price
$270,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
35
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$190

Neighborhood Facts

Number of Homes in Neighborhood
695
Number of Homes for Sale
5
Median Year Built
1951
Months of Supply
1.70
Average Single Family Home Size Sq Ft
1,311
Significantly below the national average
1,933
Average 2 Bedroom Size Sq Ft
1,140
Average 1 Bedroom Size Sq Ft
775
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Vanessa Xiong, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,722
Median Age
31
Population under 18
32.8%
Above the national average
23.8%
Population over 65
9.3%
Below the national average
19.1%

Finances

Median Household Income
$65,697
Below the national average
$71,702
Average Household Income
$88,851

Education and Workforce

High School Graduates
77.8%
College Graduates
21.9%
Below the national average
34.1%
Advanced Degrees
5.3%
% Population in Labor Force
76.9%
Above the national average
65.1%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
9°F
Average Summer High Temperature
82°F
Annual Snowfall
57''

Area Factors

Somewhat Bikeable

Bike Score®

39 / 100

Car-Dependent

Walk Score®

35 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Prosperity Heights