St. Michael, MN

Balanced market+4.9% YoY

Housing market overview · Updated weekly

$464,000median sale price

Homes sold

29

Last 12 weeks

Days on market

118

Average pace

Active listings

97

3.3 months supply

Sale-to-list

99.7%

Below asking

The St. Michael housing market is currently classified as a balanced market with a median sale price of $464,000. Prices have risen 4.9% compared to last year, with homes spending an average of 118 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in St. Michael?

The median home sale price in St. Michael is $464,000, up 4.9% from last year.

How long do homes stay on market in St. Michael?

Homes typically spend 118 days on market before going under contract.

Is St. Michael a buyer's or seller's market?

With 3.3 months of supply, St. Michael is currently a balanced market.

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