St. Paul housing market: home prices, trends and forecast
St. Paul home prices: the Zillow Home Value Index valued a typical home in St. Paul, Minnesota at $291,209 in September 2026. That was +0.8% above the previous year and −1.2% under the $294,669 peak reached in March 2026.
- Typical value for a home
- $291,209September 2026, Zillow ZHVI
- Change over 12 months
- +0.8% since September 2025.
St. Paul home prices since 2000
St. Paul appears on the steel line, while the United States appears on the grey line. From January 2000, a typical St. Paul home increased in value from $105,508 to $291,209, or ×2.76. During those months, the US multiple was ×2.99. The price boom peaked in December 2005 at $199,472 before reaching a low of $129,363 in February 2012, a −35.1% change.
St. Paul median home price by year
Each year uses an average of its twelve monthly values, while 2026 displays the most recent month.
| Year | St. Paul | Change on the year | United States |
|---|---|---|---|
| 2000 | $111,312 | $125,745 | |
| 2001 | $131,023 | +17.7% | $134,899 |
| 2002 | $148,139 | +13.1% | $144,276 |
| 2003 | $164,711 | +11.2% | $155,308 |
| 2004 | $178,537 | +8.4% | $169,891 |
| 2005 | $194,031 | +8.7% | $189,732 |
| 2006 | $198,217 | +2.2% | $206,531 |
| 2007 | $194,168 | −2.0% | $208,449 |
| 2008 | $180,141 | −7.2% | $195,574 |
| 2009 | $157,660 | −12.5% | $177,542 |
| 2010 | $153,339 | −2.7% | $171,462 |
| 2011 | $136,371 | −11.1% | $162,508 |
| 2012 | $132,813 | −2.6% | $161,137 |
| 2013 | $147,699 | +11.2% | $171,420 |
| 2014 | $163,740 | +10.9% | $182,996 |
| 2015 | $174,077 | +6.3% | $192,738 |
| 2016 | $185,705 | +6.7% | $204,509 |
| 2017 | $202,941 | +9.3% | $216,767 |
| 2018 | $221,135 | +9.0% | $230,541 |
| 2019 | $231,198 | +4.6% | $242,088 |
| 2020 | $242,942 | +5.1% | $257,151 |
| 2021 | $269,488 | +10.9% | $295,959 |
| 2022 | $285,945 | +6.1% | $340,014 |
| 2023 | $284,055 | −0.7% | $348,160 |
| 2024 | $287,874 | +1.3% | $359,751 |
| 2025 | $290,419 | +0.9% | $362,959 |
| September 2026 | $291,209 | +0.8% | $366,157 |
What a home bought in St. Paul in any year is worth today
This estimate uses an index for a typical home rather than an appraisal.
The year's figure averages its twelve monthly index values; September 2026 gives the current value. Other options include the home appreciation calculator.
Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: links like this one may earn the site a fee, but they never affect a number. Disclosure.
St. Paul housing market forecast
Across the Minneapolis, MN metro, Zillow's forecast shows a +1.6% rise over the 12 months beginning September 2026, plus +0.8% during the next three months. St. Paul's typical value stands at $291,209, which the forecast would bring to near $295,900 after a year.
This restates Zillow's central estimate for the metro; the site does not publish a forecast of its own. Forecasts over 12 months like this have typically differed from the realised change by several percentage points, above or below. This is not investment advice.
See all metro forecasts in one table: housing market forecast.
St. Paul housing market crash risk score
Moderate, 37 of 100
The score ranks St. Paul against 292 cities using five conditions that were high before earlier price falls. Every input is ranked from 0 to 100 compared with the other cities. The five ranks are then given equal weight in the average. Current conditions are what it describes; it makes no crash prediction.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −6.7% | 35 | 20% |
| Time on the market vs 2019 | −2.3% | 32 | 20% |
| Price-to-rent ratio | 15.9 | 35 | 20% |
| Price-to-income ratio | 4.1 | 31 | 20% |
| 12-month price change | +0.8% | 52 | 20% |
This is not investment advice. Scoring for the inputs: methodology. See all 292 ranked cities in the city crash risk list.
St. Paul homes available and time on market
For September 2026 the Minneapolis, MN metro listed 11,377 homes for sale. The total was up +31.2% from a year earlier and down 6.7% from the same month in 2019. The median sale time was 42 days (−2.3% against 2019), while 23.0% of listings received a price cut.
| Minneapolis, MN metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 11,377 | +31.2% |
| New listings | 5,252 | |
| Median days on market | 42 | +6.4% |
| Median list price | $407,500 | −4.1% |
| Share with a price cut | 23.0% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.
St. Paul rent and living costs
Monthly asking rent for a typical home in St. Paul stands at $1,524, according to the Zillow Observed Rent Index, with a yearly increase of 3.4%. A typical home would require 15.9 years of rent payments. The median household income stands at $70,182 (Census ACS 2024), while the cost of a typical home equals 4.1 years of income. BEA places metro prices at 104.8 versus a US average of 100, with housing costs at 111.8.
Other housing markets in Minnesota
- In Minneapolis, $328,351.
- Rochester, Minnesota $340,589
- In Duluth, $296,120.
Statewide details: Minnesota housing market.
How to read this chart
At each point, the Zillow Home Value Index for St. Paul gives a typical home's smoothed and seasonally adjusted value in the market's middle third, measured in that month's dollars. The hollow dot identifies the slider's selected month, while the terracotta dot identifies the most recent month. Inflation is not included in these figures. An index tracks the typical home rather than any particular house, so use the card above or the home appreciation calculator to calculate one home's value from its sale price.