Market Intelligence · MN / St. Paul

St. Paul, MN 55116 Housing Market

The typical home in Saint Paul's 55116 ZIP code is worth $449,999, up 2.5% over the past year as of September 2026. Homes here list at a median of $478,000 and spend a median of 29 days on market.

Updated September 2026Median value$450K

The median home value in St. Paul, MN 55116 is $450K as of September 2026, up 2.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 55116 range

$414K to $486K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.5% over 12 months

Sep 2025$439K

Low $439KHigh $450K

Sep 2026$450K

The numbers

What is the 55116 housing market like?

As of September 2026

Typical home value

$450K

2.5%YoY

Median list price

$478K

7.6%MoM

Days on market

6.5%MoM

Homes for sale

9.1%MoM

Price cuts

15.9%

27.3%MoM

New listings

10.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

55116 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55116 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 55116 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 55116?

Zillow's forecast does not call for a drop: it expects typical home values in 55116 to rise 1.3% by September 2027, after a 2.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 55116 home prices compare?

55116$449,999
Saint Paul$365,126
Minnesota$298,219
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Saint Paul: 29 ZIPs; Minnesota: 716 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, 55116 had 48 homes for sale, with 36 new listings hitting the market that month. The median list price stands at $478,000, and homes are moving at a median of 29 days on market, a pace that suggests steady demand. About 15.9% of listings have taken a price cut, which tells sellers that overpricing gets corrected quickly. Meanwhile, the typical home value of $449,999 is up 2.5% over the past year, a modest gain rather than a surge. For a seller, the practical read is that this is a stable market where accurate pricing matters more than timing.

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Common questions

What people ask us.

How much is a home in 55116 worth?

The typical home value in 55116 is $449,999 as of September 2026, up 2.5% over the past year.

How fast do homes sell in 55116?

Homes in 55116 spend a median of 29 days on market as of September 2026. The median list price is $478,000.

Is 55116 a buyer's or seller's market right now?

As of September 2026, there were 48 homes for sale and 36 new listings in 55116. With 15.9% of listings taking a price cut, sellers have some leverage but must price realistically.

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