St. Michael, MN Housing Market & Real Estate

Balanced market+4.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in St. Michael, MN is $464,000, up 4.9% year-over-year. Homes sell in an average of 118 days with 97 active listings. The market is currently a balanced market.

$464,000median sale price

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

Balanced market3.3 months of supply118 avg. days on market

St. Michael, MN is currently a balanced market, based on 3.3 months of supply and homes selling in about 118 days. How we determine this →

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

St. Michael, MN market data

Current housing market statistics for St. Michael, MN
MetricValue
Median sale price$464,000
Median list price$519,230
Year-over-year price change+4.9%
Average days on market118 days
Active inventory97 listings
Months of supply3.3 months
Sale-to-list price ratio99.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in St. Michael

There are currently 97 homes listed for sale in St. Michael, Minnesota. The median listing price is $519K.

Active listings

97

Homes on market

Median list price

$519K

Avg. days on market

118

Days until sale

New this week

39

Newly listed

Price drops:26.8%of listings
Sale-to-list:99.7%

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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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