Saint Paul, MN Real Estate Listings & Homes for Sale

In October 2024, home prices in St. Paul experienced a notable 5.6% increase compared to the previous year, with a median sale price of $287K. Homes are spending more time on the market, averaging 32 days compared to just 19 days in October 2023, possibly reflecting slightly shifting market dynamics or buyer caution. Despite this, the number of homes sold rose to 260 this October, up from 241 last year, indicating sustained demand and a resilient housing market. This combination of rising prices and increased sales suggests that St. Paul remains an attractive option for both buyers and sellers.

St. Paul is a highly competitive housing market where homes typically sell in just 23 days. Many properties attract multiple offers, with some buyers even waiving contingencies to secure their purchase. On average, homes sell for around the list price and go under contract within 23 days. However, hot properties can command up to 3% above the list price and often go pending in as little as 10 days, reflecting strong buyer demand and limited inventory.

Recent migration trends indicate that St. Paul is attracting interest from homebuyers across the nation. Approximately 0.76% of prospective buyers from outside metropolitan areas have considered relocating to St. Paul. Notably, individuals from Albuquerque have shown the highest interest, followed by those from Miami and Chicago. This influx reflects St. Paul's growing appeal as a desirable destination for new residents.