Impact of the Soccer stadium so far

Maybe it is too early to tell but for a few years, homeowners in the Midway area have been asking about what kind of impact the Soccer stadium (Allianz field) will have on residential property values.

Here is some data. The top chart shows median home sale prices in all of St. Paul excluding the Hamline/Midway neighborhood. There has been a 43% increase in median home sale prices in the last five years.  In 2019 the median sale price was 223,500 up from 156K in 2014.

Graph of median home sale prices
Hamline/Midway Median home sale price

The second chart shows median home sale prices over the same period for the rest of St. Paul and again we see a 43% increase in five years. The 2019 median sale price was slightly higher at 257K.

graph of median home sale prices
St. Paul median home sale prices – excluding the Midway neighborhood

I haven’t been to the stadium, that is because I am not much of a sports fan but it is on my list of places to photograph.

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