Stillwater, Minnesota, continues to attract homebuyers and renters with its historic charm and scenic views along the St. Croix River. Understanding the current housing market 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, however, has increased by 20.27% year-over-year, reaching $528,000. Homes are spending a median of 33 days on the market, indicating a competitive environment for buyers.
Rental Market Insights
For those interested in renting, the median rent in Stillwater is around $2,550 per month, with no significant change over the past year. This stability offers predictability for renters planning their housing budgets.
Upcoming Developments
New developments are on the horizon to accommodate the growing demand for housing. One notable project is the Brixton Townhomes, a 108-unit for-sale townhome development located at the southeast corner of Manning Avenue and Boutwell Road. Construction is anticipated to begin in the fall of 2026, providing additional housing options for prospective buyers.
Whether you’re looking to buy or rent, staying informed about Stillwater’s housing market is crucial. With its blend of historic appeal and modern developments, Stillwater continues to be a desirable place to call home.