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    April 14, 2025 Stillwater Real Estate Market Update

    As the early blooms push through winter’s final frost and the St. Croix Valley starts to green up, we’re also seeing something...

    • Richard McDonough
    • April 14th, 2025
    • 2 min read

    As the early blooms push through winter’s final frost and the St. Croix Valley starts to green up, we’re also seeing something else begin to bud—momentum in the local housing market.

    🌸 A Strong Seller’s Market is Blooming in Stillwater (55082)

    According to the latest market data, the median list price in Stillwater has risen to $1,097,000, with inventory tightening at just 42 active single-family homes. The Market Action Index (MAI) has ticked up again this week to 48, confirming what many of us are already seeing on the ground: buyer demand is strong, and sellers hold the advantage.

    💡 Local Insight: Inventory Can’t Keep Up

     

    Despite the seasonal surge in buyer activity, the supply of homes hasn’t kept pace. Whether it’s a $550K property on an acre or a $1.8M estate on 5 acres, homes are being snapped up—often before they have a chance to linger. The average days on market is 103, but the median is just 42, underscoring how quickly well-positioned properties are moving.

    📊 Interest Rates? Think Ping Pong.

    Buyers are contending with interest rates that bounce like a ping pong ball—volatile, but not enough to derail their drive. I’ve been in this industry for 30 years, and I can tell you that uncertainty often motivates buyers to act fast, especially when inventory is limited and prices continue to climb.

     

    🌷 Spring into Strategy: Why Local Experience Matters Now More Than Ever

    As a fourth-generation Stillwater resident, I don’t just know the market—I live it. I bring a deep understanding of neighborhood nuances, historical trends, and the kind of community insight that no algorithm can match. Whether you’re a buyer hoping to navigate today’s competitive landscape or a seller looking to seize peak opportunity, I’m here to help you move forward with confidence and clarity.

    💬 Let’s talk about what this market means for your goals. Spring is a time of action—let’s make your next move your best move yet.

    Know Your Home's Worth

     

     

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    Richard McDonough

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    Richard McDonough

    Richard McDonough

    124 North Main Street, Stillwater, MN. 55082

    124 North Main Street, Stillwater, MN. 55082

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