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 Housing Market Trends
As of mid-2026, Stillwater’s housing market exhibits a blend of stability and competitiveness. The median home value stands at approximately $452,749, reflecting a 3.9% increase over the past year. Homes typically go pending in around 11 days, indicating sustained buyer interest. The median sale price is $404,683, with a sale-to-list price ratio of 99.3%, suggesting that homes are selling close to their asking prices.
Rental Market Insights
For those exploring rental options, Stillwater offers a range of properties. The median rent is $2,550 per month, with nine rental properties currently available. This reflects a 5.56% decrease year-over-year, providing potential renters with more favorable terms.
New Developments and Community Growth
Stillwater’s commitment to growth is evident in recent developments. For instance, El Sazon, known for its refined Latin tasting dinners, expanded with a new location in Stillwater, enhancing the local dining scene. Such additions contribute to the town’s appeal, offering residents diverse amenities and experiences.
Conclusion
Stillwater’s real estate market presents opportunities for both buyers and renters. With its unique blend of historic allure and modern amenities, the town continues to be a desirable destination. Prospective residents are encouraged to stay informed about market trends and new developments to make well-informed decisions.