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 trends is essential for those considering making Stillwater their home.
Current Market Trends
As of April 2026, the median listing price for homes in Stillwater is approximately $449,950, reflecting a 24.94% decrease from the previous year. The median sold price stands at $528,000, indicating a 20.27% increase year-over-year. Homes are typically on the market for about 33 days, suggesting a moderately paced market.
Rental Market Insights
For those interested in renting, the average monthly rent in Stillwater is around $2,291, slightly above the national average of $1,930. This stability offers predictability for renters seeking housing in the area.
New Developments
Stillwater’s appeal is further enhanced by new residential developments. Several custom builders are active in the area, offering high-quality residences that blend modern amenities with the city’s historic character.
Conclusion
Whether you’re looking to buy or rent, Stillwater’s real estate market offers a range of options to suit diverse preferences. Staying informed about market trends and new developments will aid in making well-informed decisions in this dynamic market.