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Featured local agent — St. Michael, MN
Sarah Mitchell
Compass Real Estate · St. Michael, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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St. Michael, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$442,445median sale price
How is the St. Michael, MN housing market right now?
The median home sale price in St. Michael, MN is $442,445, down 3.8% year-over-year. Homes sell in an average of 35 days with 105 active listings. The market is currently a 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. Michael a buyer's or seller's market?
St. Michael, MN is currently a seller's market, based on 2.3 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
46
Last 12 weeks
Days on market
35
Average pace
Active listings
105
2.3 months supply
Sale-to-list
99.6%
Below asking
What does the St. Michael housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $442,445 |
| Median list price | $459,620 |
| Year-over-year price change | -3.8% |
| Average days on market | 35 days |
| Active inventory | 105 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 46 |
| New listings (latest month) | 69 |
| Listings with a price cut | 49.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in St. Michael by property type?
How the St. Michael, 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 | $449,950 | $181/sq ft | 38 | 32 days |
| Townhouse | $287,750 | $158/sq ft | 8 | 49 days |
Source: Redfin · Updated monthly
The St. Michael housing market is currently classified as a seller's market with a median sale price of $442,445. Prices have fallen 3.8% compared to last year, with homes spending an average of 35 days on market, indicating 2.3 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. Michael
There are currently 105 homes listed for sale in St. Michael, Minnesota. The median listing price is $460K.
Active listings
105
Homes on market
Median list price
$460K
Avg. days on market
35
Days until sale
New this week
69
Newly listed
Who lives in St. Michael?
Population
19,267
Median income
$130,814/yr
Median age
37.5 years
Owner-occupied
91.4%
College grads
44.3%
Avg commute
30 min
Source: U.S. Census Bureau ACS
What is it like to live in St. Michael?
St. Michael is a community of approximately 19K residents with a median age of 37.5 years.The median household income is $130,814, which reflects a relatively affluent area with strong earning potential. 44.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, St. Michael offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near St. Michael, MN?
Want a head-to-head view? Compare St. Michael 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. Michael?
The median home sale price in St. Michael is $442,445, down 3.8% from last year.
How long do homes stay on market in St. Michael?
Homes typically spend 35 days on market before going under contract.
What is the median income in St. Michael?
The median household income is $130,814 per year.
Is St. Michael a buyer's or seller's market?
With 2.3 months of supply, St. Michael is currently a seller's market.
How much does a single-family home cost in St. Michael?
The median single-family home price in St. Michael, MN is $449,950 (about $181 per square foot).
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