Is South Saint Paul, MN 55075 a buyer’s or seller’s market?
South Saint Paul is a seller’s market. With about 1.3 months of supply and 51% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 95% of U.S. ZIP codes, and #13 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The South Saint Paul housing market right now
In the three months ending August 31, 2026, 51% of homes in South Saint Paul, MN 55075 sold above their list price, the typical home went under contract in 20 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 91 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold about as fast and the median sale price rose 2% to $305,868. Overall, South Saint Paul is about as competitive as it was a year ago.
Within Dakota County, homes here sell faster than in 81% of the county’s ZIP codes, and sell more often over asking than in 94%. On our competition score, South Saint Paul ranks #13 of 296 MN ZIP codes with enough sales (score 90 out of 100).
Nearby, buyers who want less competition could look at Hampton 55031 (0% sold over asking) or Rosemount 55068 (25% sold over asking), while Saint Paul 55120 (55% sold over asking) is even more competitive.
Run the numbers for 55075
Nearby markets
Burnsville 55306Seller’s market $187 /sq ftBurnsville 55337Seller’s market $180 /sq ftFarmington 55024Seller’s market $192 /sq ftHampton 55031Buyer’s market $192 /sq ft Browse all markets →Towns like South Saint Paul nearby
Find towns like South Saint Paul in other states →Where South Saint Paul is
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Questions about South Saint Paul real estate
Is South Saint Paul a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in South Saint Paul, MN 55075 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in South Saint Paul?
The typical home went under contract in 20 days in the latest three months.
Do homes in South Saint Paul sell over asking?
51% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in South Saint Paul?
About 0.98% of a home’s value a year in Dakota County, or roughly $3,920 on a $400,000 home.
What is the median home price in South Saint Paul?
The median sale price was $305,868 in the three months ending August 31, 2026, about $196 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology