Saint Paul, MN 55101 Real Estate Market Report

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

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market indicator, the $183,000 median sold price, shows recent transaction-level value and sits above the $169,950 median listing price, suggesting listing expectations are not materially outperforming realized sale prices; use the median sold price as the representative recent sale when setting or benchmarking offers.
2. The median days on market 255 signals notably slower sales velocity and pricing friction, which may indicate that sellers need more realistic pricing or marketing to achieve timely closings under current conditions.
3. Price momentum is soft: the price year-over-year trend is down while the market temperature is neutral, which together suggest a moderated, balanced market rather than a rapid shift to one side; expect stable but cautious negotiations between buyers and sellers.
4. Rental fundamentals are strengthening—$1,695 median market rent with rent year-over-year trend up—even as interest rate pressure is elevated (current average 30-year fixed ~6.7%), so consider positioning properties either for longer marketing exposure to capture buyers or for rental conversion strategies where warranted; rising rents and elevated interest rate pressure should both factor into hold vs. sell decisions.

Notable Properties

The following 6 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.