Is Saint Paul, MN 55122 a buyer’s or seller’s market?

The Saint Paul housing market right now

In the three months ending August 31, 2026, 49% of homes in Saint Paul, MN 55122 sold above their list price, the typical home went under contract in 19 days and there were 1.4 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 rose from 36%, homes sold about as fast and the median sale price held steady to $371,839. Overall, Saint Paul is more competitive than a year ago, so tougher for buyers.

Within Dakota County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Saint Paul ranks #16 of 296 MN ZIP codes with enough sales (score 88 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) and South Saint Paul 55075 (51% sold over asking) are even more competitive.