Saint Paul, MN 55101 Real Estate Market Report
ZIP Code: 55101
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current market rates for 30-year fixed mortgages in Saint Paul, MN 55101 are averaging 6.35%, reflecting a stable lending environment compared to the 6.66% average observed earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The primary market signal is the median sold price of $190,000, which represents the most reliable indicator of recent transaction value and sits slightly above the median listing price of $187,000, suggesting sellers are generally achieving prices near asking; representative recent sale values.
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Liquidity appears muted: elevated inventory relative to sales in the analyzed sample combined with a long median days on market of 244 suggests slower sales velocity and potential pricing friction that may prolong time-to-contract.
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Pricing and rent context: the median price per square foot is 211 while the median market rent is $1,695; with the price year-over-year trend reported as up and the rent year-over-year trend also up, this points to modest appreciation pressure alongside rising rental demand — rent and price momentum.
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Financing and rate environment: interest rate pressure is characterized as moderate, with current market mortgage rates averaging 6.35% compared to an earlier 6.66%, which may slightly ease buyer cost sensitivity but still exerts moderate pressure on affordability.
Notable Properties
The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Saint Paul, MN 55101 Real Estate Market Report
ZIP Code: 55101
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current market rates for 30-year fixed mortgages in Saint Paul, MN 55101 are averaging 6.35%, reflecting a stable lending environment compared to the 6.66% average observed earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The primary market signal is the median sold price of 190,000, which represents the most reliable indicator of realized value and recent transaction activity in the neighborhood; given the market temperature is reported as neutral, this suggests a balanced market where the median sold price may reflect modest, realized appreciation rather than speculative asking-price inflation. neutral market temperature
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There is a meaningful gap in time-to-sale: the median days on market is 244, which signals slower sales velocity and pricing friction that may require extended marketing or price adjustments to reach buyers.
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Supply dynamics show elevated inventory relative to sales in the sampled dataset, while the median listing price is 187,000—this combination appears to create balanced to slightly favorable conditions for sellers where pricing realism will determine pace of transactions rather than acute seller leverage.
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Rents and pricing trends point to modest strength: the median market rent is 1,845 and the price year-over-year trend is reported as up, while rent year-over-year trend is also up; concurrent interest rate pressure is described as moderate and prevailing 30-year fixed rates are noted around 6.35% (versus a recent 6.66% reference), suggesting financing conditions are relatively stable even as upward pressure on rents and prices continues. up
Notable Properties
The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 1.6% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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