Stillwater’s housing market is experiencing notable shifts, presenting both challenges and opportunities for residents and prospective buyers.
Current Market Trends
As of April 2026, the average home value in Stillwater stands at $450,923, reflecting a 3.7% increase over the past year. Homes are typically going pending in around 25 days, indicating a competitive market. The median listing price is $449,950, with 116 homes currently available for sale. Notably, the median sold price has risen by 20.27% year-over-year to $528,000, suggesting strong demand and potential for sellers.
Rental Market Insights
For renters, the median rent in Stillwater is approximately $2,550 per month, with 13 rental properties currently listed. This stability offers predictability for those considering renting in the area.
Upcoming Developments
Looking ahead, the Brixton Townhomes project is set to add 108 for-sale townhome units at the southeast corner of Manning Avenue and Boutwell Road. Construction is anticipated to begin in the fall of 2026, potentially easing some housing demand pressures.
Understanding these dynamics is crucial for making informed decisions in Stillwater’s evolving housing landscape.