Saint Paul Park, MN—55071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Paul Park, MN
As of Oct '25, the median home price in Saint Paul Park, MN is $309,000, with a year-over-year change of 2.0%. This indicates that home prices in Saint Paul Park, MN are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $309,000 | 2.0% |
| Single Family | $310,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $255,000 | 0.4% |
3 Bed | $305,000 | 2.3% |
4 Bed | $341,000 | 2.7% |
| 5 Bed | $367,000 | 1.7% |
% of Housing Stock
Rental Trends — Saint Paul Park, MN
As of July '25, Rentcast reports the average rent in Saint Paul Park, MN is $2,880, with a year-over-year rent change of 46.2%. Per bedroom, the median rent as of July '25 in Saint Paul Park, MN is 3-bedrooms: $2,650, 4-bedrooms: $3,100. The most common rental property sizes in Saint Paul Park, MN are 1-bedroom and 3-bedroom, accounting for 46.8% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,650 | $2,650 |
| 4 Bed Rent | $3,100 | $3,100 |
% of Rental Stock
Property Listings — Saint Paul Park, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Paul Park, MN is 26. This is a increase of 67.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 5.0% |
Listing Count | 13 | 47.0% |
| Listings as % of Homes | 0.5% | 47.0% |
Days on Market | 26 | 67.0% |
Demographics — Saint Paul Park, MN
As of the latest ACS Survey released in 2023, Saint Paul Park, MN has a population of 5,810, which has increased by 2.2% over the past 5 years. Saint Paul Park, MN is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,810 | 2.2% |
% Under 18 | 21.4% | -10.1% |
% Seniors | 13.8% | 24.3% |
% WFH | 16.7% | 1,013.3% |
% w/ College Degree | 24.2% | 22.2% |
As of the latest ACS Survey released in 2023, Saint Paul Park, MN is a predominantly white area, with 77.5% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Saint Paul Park, MN is hispanic, making up 11.5% of the population. Foreign-born residents account for 3.8% of the population in Saint Paul Park, MN, and this percentage has decreased by 34.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.5% | -5.6% |
% Black | 2.5% | 212.5% |
% Hispanic | 11.5% | 130.0% |
% Asian | 5.6% | -24.3% |
% Foreign Born | 3.8% | -34.5% |
Mortgage and Risk — Saint Paul Park, MN
According to HUD data as of 2023, there were 117 mortgage originations in Saint Paul Park, MN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Saint Paul Park, MN. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 117 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Saint Paul Park, MN
Saint Paul Park, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,800 |
| 2 Bedroom | N/A | N/A | $2,200 |
| 3 Bedroom | $280 | $2,650 | $2,930 |
| 4 Bedroom | $180 | $3,100 | $3,280 |
Affordability — Saint Paul Park, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $309,000 |
| Median Household Income | $98,900 |