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 trends is essential for those considering making Stillwater their home.
Current Housing Market Trends
As of April 2026, the average home value in Stillwater stands at approximately $450,923, marking a 3.7% increase over the past year. Homes typically go pending in around 25 days, indicating a brisk market pace. The median listing price is $449,950, with active listings totaling 116, reflecting a balanced supply that offers options for buyers without overwhelming the market.
Rental Market Insights
For those exploring rental options, the median rent in Stillwater is approximately $2,550 per month. This stability in rental prices provides predictability for tenants, while the availability of 13 rental properties offers a range of choices to suit different preferences.
New Developments and Construction
Stillwater’s appeal is further enhanced by ongoing new home constructions. With five active builders currently operating in the area, prospective homeowners have access to modern residences that complement the city’s historic character. These developments cater to a variety of tastes, ensuring that both traditional and contemporary preferences are met.
Conclusion
Stillwater’s real estate market presents a dynamic landscape for both buyers and renters. With rising home values, stable rental prices, and new developments, the city continues to offer a compelling mix of historic charm and modern living. Whether you’re looking to purchase a home or find a rental, staying informed about these trends will aid in making well-informed decisions.