Stillwater, Minnesota, offers a dynamic real estate market that caters to a variety of needs, whether you’re looking to buy, sell, or rent. Understanding the current trends and statistics can help you make informed decisions.
Current Market Overview
As of May 2026, the median listing price in Stillwater is $495,000, with a median sold price of $450,000. Homes are spending an average of 26 days on the market, indicating a relatively brisk pace of sales. The market is considered very competitive, with homes often selling at or above the asking price.
Home Values and Trends
The average home value in Stillwater stands at $450,923, reflecting a 3.7% increase over the past year. This steady appreciation suggests a healthy and stable market.
Rental Market Insights
For those considering renting, the median rent in Stillwater is approximately $2,550 per month. This figure indicates a strong demand for rental properties, making it a viable option for both tenants and investors.
Local Development and Community Growth
Stillwater continues to experience growth and development, enhancing its appeal as a residential destination. New housing developments and community projects contribute to the city’s vibrancy, offering diverse options for prospective homeowners and renters.
Conclusion
Whether you’re planning to buy, sell, or rent in Stillwater, staying informed about the latest market trends is crucial. The city’s real estate landscape offers opportunities for various preferences and budgets, making it an attractive place to call home.