Stillwater, Minnesota, renowned for its historic charm and scenic St. Croix River views, continues to attract homebuyers and renters alike. Understanding the current real estate landscape is essential for those considering making Stillwater their home.
Current Market Trends
The housing market in Stillwater has experienced notable changes. As of April 2026, the average home value stands at $450,923, marking a 3.7% increase over the past year. Homes typically go pending in around 25 days, indicating a brisk market pace. The median listing price is approximately $449,950, with 116 homes currently available for sale. This reflects a balanced supply, offering buyers a range of options without overwhelming competition.
Rental Market Dynamics
For those considering renting in Stillwater, the market presents stable conditions. The median rent is $2,550 per month, with 13 rental properties currently available. This stability provides renters with predictable housing costs and a variety of choices to suit different preferences.
New Developments and Community Growth
Stillwater’s appeal is further enhanced by ongoing developments that contribute to its vibrant community. For instance, El Sazon, an acclaimed Latin restaurant, expanded its presence by opening a new location in Stillwater in January 2025. Such additions not only enrich the local dining scene but also reflect the town’s growth and attractiveness to new businesses and residents.
Conclusion
Whether you’re looking to buy, rent, or invest, staying informed about Stillwater’s real estate trends and community developments is crucial. The town’s blend of historical allure and modern amenities continues to make it a desirable place to call home.