St. Paul Park, MN housing market
The typical St. Paul Park home is worth about $319,000, up 2.3% in a year, 9% below the Minnesota typical home. Homes typically sell in 14 days, a little above asking.
Home values, sales, trends and how St. Paul Park compares with the towns next door — updated as new data is published.
St. Paul Park at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | St. Paul Park | Minnesota |
|---|---|---|
| 2017 | $195,000 | $217,000 |
| 2018 | $208,000 | $232,000 |
| 2019 | $224,000 | $246,000 |
| 2020 | $239,000 | $259,000 |
| 2021 | $261,000 | $282,000 |
| 2022 | $289,000 | $313,000 |
| 2023 | $294,000 | $325,000 |
| 2024 | $303,000 | $331,000 |
| 2025 | $312,000 | $341,000 |
| 2026 | $316,000 | $349,000 |
| August 2026 | $319,000 | $351,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in St. Paul Park in 2025, all single-family houses. That's 0.4 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, St. Paul Park has permitted 38 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $233,000 |
| 2024 | 2 | 2 | 0 | $233,000 |
| 2023 | 5 | 5 | 0 | $1.4 million |
| 2022 | 3 | 3 | 0 | $621,000 |
| 2021 | 2 | 2 | 0 | $637,000 |
| 2020 | 1 | 1 | 0 | $230,000 |
| 2019 | 9 | 9 | 0 | $2.1 million |
| 2018 | 2 | 2 | 0 | $378,000 |
| 2017 | 8 | 8 | 0 | $1.8 million |
| 2016 | 4 | 4 | 0 | $794,000 |
| 2015 | 7 | 7 | 0 | $1.4 million |
| 2014 | 3 | 3 | 0 | $621,000 |
| 2013 | 11 | 11 | 0 | $2.1 million |
| 2012 | 7 | 7 | 0 | $1.1 million |
| 2011 | 3 | 3 | 0 | $496,000 |
| 2010 | 7 | 7 | 0 | $1.2 million |
| 2009 | 4 | 4 | 0 | $1 million |
| 2008 | 5 | 5 | 0 | $1.1 million |
| 2007 | 5 | 5 | 0 | $1.2 million |
| 2006 | 28 | 28 | 0 | $6.8 million |
| 2005 | 47 | 47 | 0 | $8.7 million |
| 2004 | 99 | 99 | 0 | $15 million |
| 2003 | 31 | 31 | 0 | $4.2 million |
| 2002 | 4 | 4 | 0 | $665,000 |
| 2001 | 2 | 2 | 0 | $259,000 |
| 2000 | 2 | 2 | 0 | $123,000 |
St. Paul Park's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
St. Paul Park and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| St. Paul Park | $319K | +2.3% | $2,330 | 2 | $100,642 |
| Grey Cloud Island | — | +6.5%† | $2,320 | 1 | $125,833 |
| Cottage Grove | $399K | +1.8% | $2,040 | 426 | $120,791 |
| Newport | $342K | +2.4% | $1,520 | 66 | $71,979 |
| Inver Grove Heights | $375K | +2% | $1,730 | 424 | $101,316 |
† FHFA price index change, where Zillow has no home value for the town.
3.2 years of income
The typical St. Paul Park home costs about 3.2 years of the town's median household income, less than across Minnesota (3.9 years).
How St. Paul Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,330
HUD's Fair Market Rent for a two-bedroom in St. Paul Park is $2,330 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in St. Paul Park pay a median of $2,174. A two-bedroom takes about 28% of the town's median household income.
Studio $1,690 · 4 bedrooms $3,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55071; Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.