Market Intelligence · MN / St. Paul

St. Paul, MN 55121 Housing Market

The typical home in Saint Paul 55121 is valued at $345,255, up 3.2% over the past year. The median list price stands at $317,730, with homes typically spending 39 days on the market.

Updated August 2026Median value$340K

The median home value in St. Paul, MN 55121 is $340K as of August 2026, up 3.1% 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 55121 range

$313K to $367K

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

+3.1% over 12 months

Typical home value in 55121 over the last 12 months: $330K in Aug 2025 to $340K in Aug 2026 (+3.1%).

Aug 2025$330K

Aug 2026$340K

The numbers

What is the 55121 housing market like?

Typical home value

$340K

Up3.1%YoY

Median list price

$318K

Up10.3%MoM

Days on market

39

Up69.6%MoM

Homes for sale

18

Down10.0%MoM

Price cuts

26.1%

Up356.9%MoM

New listings

4

Down71.4%MoM

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

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The comparison

How do 55121 home prices compare?

  • 55121$339,919
  • 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

Saint Paul 55121 has 18 homes currently listed, with just 4 new listings as of the most recent data. The median days on market of 39 suggests a moderate pace of sales activity. A notable 26.1% of current listings have already seen price cuts, which indicates some sellers are adjusting expectations. Despite year-over-year appreciation, the combination of price reductions and moderate inventory suggests this is a balanced market where pricing strategy matters.

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