St. Stephen, MN housing market
The typical St. Stephen home is worth about $298,000, up 1.8% in a year, 15% below the Minnesota typical home.
Home values, sales, trends and how St. Stephen compares with the towns next door — updated as new data is published.
St. Stephen at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | St. Stephen | Minnesota |
|---|---|---|
| 2017 | $159,000 | $217,000 |
| 2018 | $169,000 | $232,000 |
| 2019 | $181,000 | $246,000 |
| 2020 | $191,000 | $259,000 |
| 2021 | $218,000 | $282,000 |
| 2022 | $254,000 | $313,000 |
| 2023 | $263,000 | $325,000 |
| 2024 | $274,000 | $331,000 |
| 2025 | $288,000 | $341,000 |
| 2026 | $294,000 | $349,000 |
| August 2026 | $298,000 | $351,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in St. Stephen in 2025. Over the past 10 years, St. Stephen has permitted 14 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, St. Stephen's population fell by 54 and no new homes were permitted. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $1.4 million |
| 2025 | 1 | 1 | 0 | $700,000 |
| 2024 | 8 | 8 | 0 | $2.8 million |
| 2023 | 1 | 1 | 0 | $400,000 |
| 2022 | 2 | 2 | 0 | $500,000 |
| 2021 | 1 | 1 | 0 | $278,000 |
| 2020 | 1 | 1 | 0 | $278,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $203,000 |
| 2007 | 2 | 2 | 0 | $300,000 |
| 2006 | 1 | 1 | 0 | $184,000 |
| 2005 | 2 | 2 | 0 | $348,000 |
| 2004 | 1 | 1 | 0 | $163,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 2 | 2 | 0 | $303,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,040
HUD's Fair Market Rent for a two-bedroom in St. Stephen is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in St. Stephen pay a median of $1,292.
Studio $780 · 4 bedrooms $1,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56375; St. Cloud, MN MSA), 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.