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. The median listing price is $449,950, with 116 homes currently available for sale. This suggests a balanced market, offering opportunities for both buyers and sellers.
Rental Market Insights
For those interested in renting, Stillwater offers a range of options. The median rent is approximately $2,550 per month, aligning with the national average. With 13 rental properties currently available, prospective tenants have a variety of choices to suit their preferences.
New Developments and Construction
Stillwater’s appeal is further enhanced by ongoing new construction projects. Several builders are actively developing properties that blend modern amenities with the town’s historic character. These developments provide additional options for those seeking new homes in the area.
Conclusion
Whether you’re considering purchasing a home or exploring rental opportunities, Stillwater’s real estate market offers a dynamic landscape. Staying informed about current trends and developments will aid in making well-informed decisions in this vibrant community.