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Featured local agent — St. Louis Park, MN
Sarah Mitchell
Compass Real Estate · St. Louis Park, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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St. Louis Park, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$450,000median sale price
How is the St. Louis Park, MN housing market right now?
The median home sale price in St. Louis Park, MN is $450,000, up 15.8% year-over-year. Homes sell in an average of 15 days with 117 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is St. Louis Park a buyer's or seller's market?
St. Louis Park, MN is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
69
Last 12 weeks
Days on market
15
Fast-moving
Active listings
117
1.7 months supply
Sale-to-list
101.4%
Above asking
What does the St. Louis Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $450,000 |
| Median list price | $399,900 |
| Year-over-year price change | +15.8% |
| Average days on market | 15 days |
| Active inventory | 117 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $245/sq ft |
| Homes sold (latest month) | 69 |
| New listings (latest month) | 85 |
| Listings with a price cut | 35.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in St. Louis Park by property type?
How the St. Louis Park, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $489,900 | $258/sq ft | 51 | 11 days |
| Condo / Co-op | $233,500 | $235/sq ft | 9 | 50 days |
| Townhouse | $328,500 | $206/sq ft | 8 | 19 days |
Source: Redfin · Updated monthly
The St. Louis Park housing market is currently classified as a strong seller's market with a median sale price of $450,000. Prices have risen 15.8% compared to last year, with homes spending an average of 15 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in St. Louis Park
There are currently 117 homes listed for sale in St. Louis Park, Minnesota. The median listing price is $400K.
Active listings
117
Homes on market
Median list price
$400K
Avg. days on market
15
Days until sale
New this week
85
Newly listed
Who lives in St. Louis Park?
Population
49,541
Median income
$100,250/yr
Median age
36 years
Owner-occupied
58.1%
College grads
63.9%
Avg commute
20.5 min
Source: U.S. Census Bureau ACS
What is it like to live in St. Louis Park?
St. Louis Park is a community of approximately 50K residents with a median age of 36 years.The median household income is $100,250, which reflects a relatively affluent area with strong earning potential. 63.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 58.1%, showing a blend of owner and renter-occupied properties. The average commute time is 20.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, St. Louis Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near St. Louis Park, MN?
Want a head-to-head view? Compare St. Louis Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in St. Louis Park?
The median home sale price in St. Louis Park is $450,000, up 15.8% from last year.
How long do homes stay on market in St. Louis Park?
Homes typically spend 15 days on market before going under contract.
What is the median income in St. Louis Park?
The median household income is $100,250 per year.
Is St. Louis Park a buyer's or seller's market?
With 1.7 months of supply, St. Louis Park is currently a strong seller's market.
What is the median condo price in St. Louis Park?
The median condo/co-op sale price in St. Louis Park, MN is $233,500, compared to $489,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in St. Louis Park?
The median single-family home price in St. Louis Park, MN is $489,900 (about $258 per square foot).
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