Saint Paul, MN Housing Market Report

The Saint Paul real estate market as of December 2025 is characterized by a state of balanced stabilization. With a median home value of $283,508 and a sale-to-list ratio of exactly 1, the market has moved away from the aggressive bidding wars of previous years toward a more equitable environment for both parties. While active inventory has increased by 4.09% year-over-year to 7,661 units, the market remains relatively tight, preventing any significant downward pressure on pricing. Sellers are currently achieving their full asking prices on average, but they must be prepared for a longer waiting period, as the average time on market has stretched to 63 days.

Price trends over the latter half of 2025 reveal a resilient recovery following a brief mid-summer dip. After hitting a low point of $280,774 in August, values have climbed steadily for four consecutive months, ending the year with a modest 0.68% annual appreciation. This slow but steady growth suggests that the market is being driven by organic demand rather than speculative volatility. Meanwhile, the rental sector is seeing more aggressive growth, with median rents rising 4.05% to $1,504. This divergence between home value appreciation and rental growth may encourage more long-term renters to consider the benefits of homeownership as a means of locking in housing costs.

Looking ahead, the Saint Paul market offers a predictable landscape for participants. For buyers, the increase in inventory and the 63-day average time on market provide more leverage and time to conduct due diligence compared to the rapid-fire pace of 2023 and 2024. For sellers, the key to success in 2026 will be realistic pricing and patience; while values are rising, the pace is incremental. The Minneapolis-St. Paul-Bloomington metro area continues to show economic stability, which should support continued modest appreciation and prevent any sharp market corrections in the coming year.