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Market Intelligence · MN / St. Paul

St. Paul, MN 55121 Housing Market

In Saint Paul, MN 55121, the typical home value is $334,578, up 2.8% over the past year as of September 2026. The median list price sits at $341,975, and homes are spending a median of 34 days on the market.

Updated September 2026Median value$335K

The median home value in St. Paul, MN 55121 is $335K as of September 2026, up 2.8% 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 55121 range

$308K to $361K

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 55121 over the last 12 months: $325K in Sep 2025 to $335K in Sep 2026 (+2.8%).

Sep 2025$325K

Sep 2026$335K

The numbers

What is the 55121 housing market like?

Typical home value

$335K

Up2.8%YoY

Median list price

$342K

Up7.6%MoM

Days on market

34

Down12.8%MoM

Homes for sale

19

Up5.6%MoM

Price cuts

22.2%

Down14.8%MoM

New listings

12

Up200.0%MoM

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

The outlook

55121 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55121 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 55121 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 55121?

Zillow's forecast does not call for a drop: it expects typical home values in 55121 to rise 1.2% by September 2027, after a 2.8% 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 55121 home prices compare?

  • 55121$334,578
  • 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

The 55121 market shows modest upward pressure, with the typical home value at $334,578, up 2.8% over the past year. Inventory is thin, with only 19 homes for sale and 12 new listings as of September 2026. Sellers are asking a median of $341,975, and listings are moving in a median of 34 days. Still, 22.2% of listings have taken a price cut, which suggests some sellers are overshooting what buyers will pay. For a seller, the honest read is that this is a steady market where pricing accurately from day one matters more than aiming high.

Monthly payment

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Common questions

What people ask us.

How much is a home in 55121 worth?

The typical home value in 55121 is $334,578, up 2.8% over the past year as of September 2026. The median list price is $341,975.

How fast are homes selling in 55121?

Homes in 55121 are spending a median of 34 days on the market as of September 2026.

Are sellers cutting prices in 55121?

Yes, 22.2% of listings in 55121 had a price cut as of September 2026. There were 19 homes for sale, with 12 new listings.

Discover

Nearby ZIP markets.

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Guides for sellers.