Is Saint Paul, MN 55117 a buyer’s or seller’s market?
Saint Paul is a seller’s market. With about 2.4 months of supply and 37% 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 78% of U.S. ZIP codes, and #103 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, 37% of homes in Saint Paul, MN 55117 sold above their list price, the typical home went under contract in 28 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 133 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold more slowly (25 days then) and the median sale price fell 5% to $304,868. Overall, Saint Paul is less competitive than a year ago, which gives buyers more room.
Within Ramsey County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, Saint Paul ranks #103 of 296 MN ZIP codes with enough sales (score 74 out of 100).
Nearby, buyers who want less competition could look at Saint Paul 55101 (4% sold over asking) or Saint Paul 55114 (20% 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 55117
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
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 2.4 months of supply in Saint Paul, MN 55117 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 28 days in the latest three months.
Do homes in Saint Paul sell over asking?
37% 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 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 $304,868 in the three months ending August 31, 2026, about $178 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