Stillwater’s housing market is experiencing notable shifts, reflecting broader regional trends. As of April 2026, the average home value in Stillwater stands at $450,923, marking a 3.7% increase over the past year. Homes are typically going pending in around 25 days, indicating a brisk market pace.
Home Prices and Sales
In March 2026, the median sale price of homes in Stillwater was $479,000, up 13.5% compared to the previous year. The median sale price per square foot reached $221, reflecting a 5% year-over-year increase.
Market Competitiveness
The Stillwater housing market is characterized by high competitiveness. Homes sell, on average, in 27 days, with many properties receiving multiple offers. The average sale-to-list price ratio is 102%, indicating that homes often sell above their listing prices.
Inventory Levels
As of April 2026, there were 44 homes available for sale in Stillwater, with 23 new listings added that month. The limited inventory contributes to the competitive nature of the market, as buyers have fewer options to choose from.
Rental Market
The rental market in Stillwater also reflects these trends. The average rent is $2,291 per month, slightly above the national average of $1,930. This represents a 0.9% month-over-month increase as of April 2026.
Conclusion
For prospective buyers and renters, understanding these dynamics is crucial. The combination of rising home values, limited inventory, and competitive bidding underscores the importance of thorough market research and preparedness when entering the Stillwater housing market.