The housing market crash of a decade ago seems like a distant memory for many. Home prices hit their lowest in more than a decade in 2011. Those who bought a house that year could make a lot of money selling it this year.
Median home prices in St. Paul have more than doubled since March of 2011 when they were 95,000. Median sale prices are currently $250,000. We were in a strong buyer’s market at that time.