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
The Stillwater housing market remains competitive. As of March 2026, the median sale price for homes reached $479,000, marking a 13.5% increase from the previous year. Homes are selling faster, averaging 21 days on the market compared to 62 days last year. Additionally, 50% of homes sold above the listing price, indicating strong demand.
Rental Market Insights
For those exploring rental options, the average rent in Stillwater stands at $2,291 per month as of April 2026. This figure is higher than the national average of $1,930, reflecting the area’s desirability.
New Developments and Community Growth
Stillwater is experiencing growth with new developments enhancing the community. For instance, El Sazon, a renowned Latin restaurant, expanded to Stillwater, opening a new location in January 2025.
Conclusion
Stillwater’s real estate market offers a blend of historic appeal and modern amenities. Whether you’re looking to buy, rent, or invest, staying informed about market trends and community developments will help you make the best decision for your needs.