Saint Louis Park Real Estate Market Report: January 2026

In January 2026, the median sale price in Saint Louis Park was $371,500, down 5.8% from a year earlier.

Median Sales Price
$371,500
-5.8% vs. January 2025
Homes for Sale
81
-22.1% vs. January 2025
Months Supply
1.3
-31.6% vs. January 2025
Seller's market
Days on Market
81
+28.6% vs. January 2025
Closed Sales
30
-25% vs. January 2025
Percent of Original List Received
97%
+1.7 pts vs. January 2025

What this means

The median sale price has decreased by 6% from last year to $371,500, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.

Homes are selling 18 days longer than last year, averaging 81 days on market, and sellers are receiving 97% of their original asking price.

The area is currently a seller's market with 1.3 months of supply. Active inventory is down 22% from last year to 81 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

Common questions about the Saint Louis Park market

Is Saint Louis Park a buyer's or seller's market?

Saint Louis Park was a seller's market in January 2026, with 1.3 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 81 homes for sale.

How fast are homes selling in Saint Louis Park?

Homes that sold in January 2026 spent an average of 81 days on market, 18 days slower than a year earlier. Sellers received 97% of their original list price on average.

Are home prices going up in Saint Louis Park?

No. The median sale price fell 5.8% year over year to $371,500. Price per square foot moved in the same direction (from $248 to $217), which suggests a real change in values rather than a shift in the mix of homes sold.

Market trends in Saint Louis Park

Saint Louis Park monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
August 2024$384,25074272.4
September 2024$345,00059312.6
October 2024$385,00049442.7
November 2024$365,00047372.4
December 2024$358,00045511.6
January 2025$394,42540631.9
February 2025$360,00038672.2
March 2025$400,00070452.2
April 2025$407,50057372.4
May 2025$387,80095442.6
June 2025$412,45076392.6
July 2025$383,75064402.8
August 2025$385,00085482.4
September 2025$393,50068382.3
October 2025$385,50083392.1
November 2025$365,00057491.8
December 2025$380,00045561.5
January 2026$371,50030811.3

How Saint Louis Park compares with the Twin Cities region

In January 2026, the median sale price in Twin Cities (16-County Region) was $375,000, up 1.4% from a year earlier.

Read the January 2026 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.

Report published .

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