Stillwater MN 55082 real estate market update for April 26, 2026

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Stillwater MN Real Estate Market Update | Richard McDonough | Lakes Sotheby's International Realty

Median List Price

$935,000

55082

Market Action Index

▲ from 51

Market Condition

Seller's Market

Strong

Active Inventory

43 Homes

Rising

Median Days on Market

21 Days

Brisk Pace

Richard McDonough

Senior Global Real Estate Advisor · Lakes Sotheby's International Realty · Stillwater, MN

As a Senior Global Real Estate Advisor with Lakes Sotheby's International Realty, I've built my practice on one foundational principle: data-driven insight paired with genuine local expertise. Having served buyers and sellers across the Stillwater, MN 55082 market and the greater St. Croix Valley for years, I bring the kind of nuanced, street-level knowledge that no algorithm can replicate — backed by the global reach and luxury standards of Sotheby's International Realty. Each week, I publish this market report so that whether you are thinking about selling your Stillwater home, purchasing a property in the area, or simply staying informed about your investment, you always have access to the most current, accurate picture of the Stillwater real estate market.

Market Snapshot — At a Glance

$935K

Median
List Price

Active listings this week

$898K

Median Price
New Listings

Fresh to market

$245 /sf

Price Per
Square Foot

Buyers getting more value

21 days

Median Days
on Market

Fast-moving inventory

Active
Inventory

Climbing, not flooding

$2,500/mo

Median
Rent

Strong rental fundamentals

Market Action Index

Strong Seller's Market

Up from 51 last month

Buyer'sBalancedSeller's

TODAY52

LAST MONTH51

The Stillwater, MN real estate market continues to favor sellers as of April 26, 2026, with the Market Action Index (MAI) rising one point to 52 — a reading that firmly places us in Strong Seller's Market territory. This upward tick signals that demand from qualified buyers is outpacing the pace at which homes are being added to the market.

What makes this market particularly noteworthy is its stability. According to Altos Research data, the Stillwater 55082 market has achieved a relative stasis point — conditions are neither accelerating nor cooling. Inventory is sufficiently constrained to sustain upward price pressure, and homes priced correctly continue to move with conviction.

For perspective: an MAI above 30 indicates a seller's market. At 52, Stillwater single-family home sellers hold a clear and measurable advantage. New listings and coming soon properties entering the market this week have provided fresh options for buyers, but supply has not yet shifted the balance of power.

My read: Sellers who have been contemplating listing are sitting in an ideal window. The spring market is active, buyer demand remains intact, and mortgage rates in the low 6% range are motivating qualified purchasers to act before conditions shift.

Market Segments — All Price Tiers

Price Tier	Median Price	Sq. Ft.	Lot Size	Bed / Bath	New	Absorbed	Avg. DOM
Top 25% Luxury Estate Tier	$2,048,580	6,208 sf	2.5 – 5 acres	5 bd / 4.5 ba	1	1	35 days
Upper 25% Premium Acreage	$1,150,000	4,367 sf	0.5 – 1 acre	5 bd / 4 ba	2	0	70 days
Lower 25% Move-Up Market	$725,000	2,945 sf	0.25 – 0.5 acre	4 bd / 3.5 ba	2	5	7 days
Bottom 25% Entry-Level / Starter	$352,450	1,616 sf	0.25 – 0.5 acre	3 bd / 2 ba	3	2	7 days

Price & Inventory Insights

Price Per Square Foot Trend

$245^/sf

A noteworthy dynamic is unfolding in the Stillwater market: home prices are rising even as the price per square foot shows a declining trend. This apparent contradiction has a clear explanation — newer construction and extensively remodeled homes are entering the market. Buyers in the 55082 zip code are paying more in absolute dollars but receiving significantly larger, higher-quality homes in return. This is a healthy sign of market maturation, not price weakness.

Inventory & Days on Market

43^homes

Active inventory has been climbing gradually in Stillwater — a natural seasonal pattern heading into late spring. However, rising inventory alone does not signal a softening market. The critical context is the Market Action Index and Days on Market: with a median DOM of just 21 days, well-positioned homes are still being absorbed quickly. The lower and entry-level price tiers are moving fastest, with DOM of just 7 days in those segments — evidence of acute demand at accessible price points.

Listing Price Movement

Price
Increased

Sellers gaining confidence and raising prices in high-demand segments.

14%

Price
Decreased

Some sellers adjusting to find the market. Strategic pricing remains critical.

Re-listed
Properties

Properties returning to market — often representing a second opportunity for buyers.

Mortgage Rate Environment

Mortgage interest rates are currently in the low 6% range for a 30-year fixed loan — a meaningful improvement from the elevated rates that suppressed buyer activity in prior years. This environment is actively bringing qualified buyers back to the Stillwater market and supporting transaction volume. For buyers who have been waiting on the sidelines, the convergence of improving rates and available inventory makes this a compelling moment to engage.

30-Year Fixed

~6.1^%

Most common purchase loan

Most Common

15-Year Fixed

~5.6^%

Lower rate, higher payment

5/1 Adjustable

~5.8^%

Fixed for initial 5 years

*Rate estimates are approximate and for illustrative purposes only. Contact a licensed mortgage professional for current personalized rates. Rates subject to change.

Strategic Guidance — Sellers & Buyers

For Sellers

The Window Is Open.
Now Is Your Moment.

With the MAI at 52, active inventory at just 43 homes, and spring buyer demand accelerating, Stillwater sellers are in one of the strongest negotiating positions of the past several years. Homes priced accurately and presented well are moving in 21 days or fewer. The entry-level and move-up segments are absorbing inventory fastest — if your property falls in these categories, expect strong interest quickly. Now is the time to act with confidence.

For Buyers

Opportunity Exists.
Come Prepared.

New listings entering the Stillwater 55082 market this week — plus coming soon properties in the pipeline — are creating fresh opportunities for well-prepared buyers. With rates in the low 6% range, purchasing power has meaningfully improved. That said, this is still a seller's market: competitive, well-structured offers are essential. The lower price tiers are moving in as few as 7 days. Buyers who are pre-approved, decisive, and working with an experienced local advisor will have the best outcomes.

"Whether you're considering selling your Stillwater home, searching for your next property in the St. Croix Valley, or simply want a trusted local perspective on where the market is headed — I'm here to provide the insight and representation you deserve."