Is Saint Paul, MN 55115 a buyer’s or seller’s market?
Saint Paul is a seller’s market. With about 1.2 months of supply and 33% 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 84% of U.S. ZIP codes, and #63 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, 33% of homes in Saint Paul, MN 55115 sold above their list price, the typical home went under contract in 21 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 48%, homes sold about as fast and the median sale price rose 2% to $532,270. Overall, Saint Paul is less competitive than a year ago, which gives buyers more room.
Within Washington County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 53%. On our competition score, Saint Paul ranks #63 of 296 MN ZIP codes with enough sales (score 79 out of 100).
Nearby, buyers who want less competition could look at Willernie 55090 (0% sold over asking) or Afton 55001 (0% sold over asking), while Saint Paul Park 55071 (60% sold over asking) and Saint Paul 55128 (43% sold over asking) are even more competitive.
Run the numbers for 55115
Nearby markets
Afton 55001Seller’s market $243 /sq ftBayport 55003Seller’s market $201 /sq ftCottage Grove 55016Seller’s market $202 /sq ftHugo 55038Seller’s market $201 /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 seller’s market: there were 1.2 months of supply in Saint Paul, MN 55115 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 21 days in the latest three months.
Do homes in Saint Paul sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Saint Paul?
About 0.99% of a home’s value a year in Washington County, or roughly $3,960 on a $400,000 home.
What is the median home price in Saint Paul?
The median sale price was $532,270 in the three months ending August 31, 2026, about $218 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