I have been publishing home sale numbers by St. Paul neighborhood for 20 years. I have watched prices rise, and then there was that one time when they actually went down. For June 2025, home prices are up, and it takes an average of 24 days to sell a house. The median number of days is 11.
For the last several years, the norm for the St. Paul housing market has been a seller’s market. Homes sell for over the asking price with multiple offers.
Home prices and new listings are up month over month, and pending sales are down. April through July are peak months for home sales in the region. I didn’t expect pending sales to be down. They are also down from June 2024.
About 20% of all homes on the market are in downtown St. Paul, where we are experiencing a buyer’s market. Lower prices downtown make this a good time to buy.
The data used to make the table was exported from the NorthstarMLS and gently sorted, never stirred in MS Excel.
