Stillwater, Minnesota, renowned for its historic charm and scenic beauty along the St. Croix River, continues to attract homebuyers and renters alike. Understanding the current real estate trends is essential for those considering making Stillwater their home.
Current Housing Market Trends
The housing market in Stillwater has shown notable activity. As of April 2026, the average home value stands at approximately $450,923, reflecting a 3.7% increase over the past year. Homes are typically going pending in around 25 days, indicating a brisk market pace.
In March 2026, the median sale price was reported at $479,000, marking a 13.5% rise compared to the previous year. Homes sold after an average of 21 days on the market, a significant decrease from 62 days the prior year.
Rental Market Insights
For those considering renting in Stillwater, the market offers a range of options. The average rent is approximately $2,291 per month, aligning with national trends.
New Developments and Construction
Stillwater’s appeal has spurred new residential developments. Several builders are active in the area, offering custom homes that blend modern amenities with the city’s historic character.
Conclusion
Whether you’re looking to buy or rent, Stillwater’s real estate market presents opportunities. Staying informed about market trends and new developments will aid in making well-informed decisions in this dynamic environment.