Stillwater, MN Real Estate Update - Strong Seller's Market Emerging This Spring
Richard McDonough
As winter slowly releases its grip and spring break winds down, the Stillwater real estate market is showing clear signs of heating up. The latest data as of March 31st, 2025, indicates that we're moving deeper into a strong seller's market, marked by a Market Action Index (MAI) that has climbed to 47 from last month's 45.
New listings in Stillwater are coming to market with a median price of $515,000, signaling solid market confidence among sellers. Meanwhile, the overall median list price sits notably higher at $1,055,000, reflecting the strength and premium value of homes available in our community.
Key Indicators
$1,055,000
Median List Price
94
Average DOM
35
Median DOM
$286
$ per Sq. Ft
Other key indicators include:
- Average Days on Market: 94
- Median Days on Market: 35
- Inventory Level: Stable at 45 homes
- Median Rent: $3,148
- Price per Square Foot: $286
With spring momentum building, we're closely watching the impacts of interest rates, tariffs, and shifting supply and demand dynamics. For families and individuals considering a move, understanding these market conditions is essential to making informed decisions.
Whether you're buying or selling, now is a crucial time to connect with me and my experienced local real estate expertise. Stay tuned for further updates as we track these evolving trends.
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