Is Saint Paul, MN 55114 a buyer’s or seller’s market?
Saint Paul is a seller’s market. With about 3.2 months of supply and 20% 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.
The Saint Paul housing market right now
In the three months ending August 31, 2026, 20% of homes in Saint Paul, MN 55114 sold above their list price, the typical home went under contract in 34 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (48 days then) and the median sale price fell 4% to $250,891. Overall, Saint Paul is more competitive than a year ago, so tougher for buyers.
Within Ramsey County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 94%.
Nearby, buyers who want less competition could look at Saint Paul 55101 (4% sold over asking), while Saint Paul 55107 (53% sold over asking) and Saint Paul 55108 (50% sold over asking) are even more competitive.
Run the numbers for 55114
Nearby markets
Saint Paul 55101Balanced $210 /sq ftSaint Paul 55102Seller’s market $225 /sq ftSaint Paul 55103Seller’s market $205 /sq ftSaint Paul 55104Seller’s market $207 /sq ft Browse all markets →Towns like Saint Paul nearby
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Questions about Saint Paul real estate
Is Saint Paul a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Saint Paul, MN 55114 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 34 days in the latest three months.
Do homes in Saint Paul sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 97.9% 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 $250,891 in the three months ending August 31, 2026, about $230 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