Market Intelligence · MN / St. Paul

St. Paul, MN 55116 Housing Market

Homes in Saint Paul's 55116 ZIP are valued at a median of $464,388, up 3.1% over the past year. The median list price stands at $517,500, with homes taking 31 days to sell on average.

Updated August 2026Median value$454K

The median home value in St. Paul, MN 55116 is $454K as of August 2026, up 2.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 55116 range

$417K to $490K

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

+2.8% over 12 months

Typical home value in 55116 over the last 12 months: $441K in Aug 2025 to $454K in Aug 2026 (+2.8%).

Aug 2025$441K

Aug 2026$454K

The numbers

What is the 55116 housing market like?

Typical home value

$454K

Up2.8%YoY

Median list price

$518K

Down7.3%MoM

Days on market

31

Down36.7%MoM

Homes for sale

44

Up15.8%MoM

Price cuts

12.5%

Up6.7%MoM

New listings

40

Up33.3%MoM

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

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The comparison

How do 55116 home prices compare?

  • 55116$453,729
  • Saint Paul$367,624
  • Minnesota$300,428
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Saint Paul: 29 ZIPs; Minnesota: 716 ZIPs; United States: 26,265 ZIPs).

Context

The 55116 market has 44 homes for sale, with 40 new listings added recently. At a median of 31 days on market, properties are moving at a steady pace. About 12.5% of listings have seen a price cut, which is typical when supply remains moderate and buyer demand is selective. For sellers, this means pricing strategically from the start matters more than waiting to adjust later.

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