Is Saint Paul, MN 55101 a buyer’s or seller’s market?
Saint Paul is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 6% of U.S. ZIP codes, and #292 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 Saint Paul housing market right now
In the three months ending August 31, 2026, 4% of homes in Saint Paul, MN 55101 sold above their list price, the typical home went under contract in 89 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (125 days then) and the median sale price held steady to $212,158. Overall, Saint Paul is more competitive than a year ago, so tougher for buyers.
Within Ramsey County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Saint Paul ranks #292 of 296 MN ZIP codes with enough sales (score 12 out of 100).
Nearby, Saint Paul 55107 (53% sold over asking) and Saint Paul 55108 (50% sold over asking) are even more competitive.
Run the numbers for 55101
Nearby markets
Saint Paul 55102Seller’s market $225 /sq ftSaint Paul 55103Seller’s market $205 /sq ftSaint Paul 55104Seller’s market $207 /sq ftSaint Paul 55105Seller’s market $273 /sq ft Browse all markets →Towns like Saint Paul nearby
Find towns like Saint Paul in other states →Where Saint Paul is
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Questions about Saint Paul real estate
Is Saint Paul a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Saint Paul, MN 55101 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 Saint Paul?
The typical home went under contract in 89 days in the latest three months.
Do homes in Saint Paul sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Saint Paul?
About 1.21% of a home’s value a year in Ramsey County, or roughly $4,840 on a $400,000 home.
What is the median home price in Saint Paul?
The median sale price was $212,158 in the three months ending August 31, 2026, about $210 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