Community Spotlight: Congrats to the Ponies Hockey Team!
Before diving into this week’s Stillwater MN real estate market update, let’s take a moment to celebrate the Stillwater Ponies Hockey Team for their outstanding performance in the Minnesota State Hockey Tournament! Your hard work, determination, and sportsmanship have made the entire community proud.
With last week’s midweek snowstorm bringing 11 inches of snow and the excitement of the state hockey tournament, we saw a lower influx of new listings in the Stillwater housing market. However, activity remains steady, and sellers still hold a slight advantage.
Stillwater MN Housing Market Trends - March 2025
If you've been asking, "How’s the housing market in Stillwater MN?", here’s what you need to know:
📌 Median List Price: $949,000
📌 Median Price of New Listings: $700,000
📌 Price per Sq. Ft.: $264
📌 Average Days on Market: 86
📌 Median Days on Market: 42
📌 Price Decreases: 20% of listings
📌 Price Increases: 0%
📌 Relisted Homes: 16%
📌 Current Inventory: 45 homes
📌 Median Rent: $3,000
📌 Market Action Index: 43 (Slight Seller’s Advantage)
What Does This Mean for You?
For Sellers:
•Stillwater home prices and trends for 2025 indicate that while prices remain strong, the market is cooling slightly. If you're thinking about selling, now may be the best time to sell a home in Stillwater Minnesota before we shift toward a more balanced market.
•With the average days on market at 86, homes are taking longer to sell. Strategic pricing and strong marketing are essential.
•If you’re wondering, "How much is my Stillwater MN home worth?", I’d be happy to provide a free home valuation.
For Buyers:
•Luxury homes for sale in Stillwater MN remain in demand, but buyers may find better opportunities as inventory increases.
•More options are becoming available with 45 active listings, providing a window for buyers to negotiate.
•Stillwater real estate market trends for March 2025 suggest that if demand continues to ease, we may see price adjustments in the coming months.
🏡 Market Segments: Stillwater Homes for Sale
Each quartile of the market presents unique opportunities for buyers and sellers:
🏡 Luxury Homes in Stillwater MN ($1.8M+) – Expansive estates on 2.5–5 acres, averaging 6,055 sq. ft., with 5 beds & 5 baths.
🏡 Upper Market ($1.1M–$1.8M) – Spacious homes on 0.5–1 acre lots, featuring 4 beds, 4 baths, and modern designs.
🏡 Mid-Range Market ($685K–$1.1M) – Homes around 3,200 sq. ft., often with larger lots, great for families looking for space.
🏡 Entry-Level Homes ($432K–$685K) – More affordable options with 1,734 sq. ft. homes on smaller lots, ideal for first-time buyers or downsizers.
📊 Looking Ahead: What’s Next for the Stillwater MN Real Estate Market?
📉 The Market Action Index dropped slightly from 46 to 43, signaling a possible shift toward a neutral market. While we're still in a Slight Seller’s Market, if demand continues to cool, home prices may adjust downward in the coming months.
📈 However, Stillwater home values remain strong, particularly in the luxury home segment, where demand remains steady. If you’ve been waiting to make a move, now is the time to get ahead of the market changes.
📢 Thinking About Selling? Get a Free Home Valuation Today!
🏡 Stillwater home prices remain high, but a market shift is on the horizon. If you’re wondering, “How much is my Stillwater MN home worth?”, let’s schedule a quick chat!
📞 Call/Text: 612-819-3518
📧 Email: [email protected]
💻 Visit: www.richardmcdonough.com
Curious about your home's value?Click below to get a detailed report and personalized market insights.
