Stillwater, MN 55082 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Stillwater, MN—55082

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$530,000

3.7% YoY Growth

Household Income

$118,000

24.6% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

-1.4%

Median Rent

$2,400

9.6% YoY Growth

1-Bed Rent

$1,320

96.6% YoY Growth

2-Bed Rent

$1,850

4.6% YoY Growth

3-Bed Rent

$2,900

10.2% YoY Growth

Home Price Trends — Stillwater, MN

As of May '26, the median home price in Stillwater, MN is $530,000, with a year-over-year change of 3.7%. This indicates that home prices in Stillwater, MN are increasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$530,000	3.7%
Single Family	$546,000	3.8%
Condos	$305,000	-1.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Stillwater, MN

As of July '25, Rentcast reports the average rent in Stillwater, MN is $2,730, with a year-over-year rent change of 9.6%. Per bedroom, the median rent as of July '25 in Stillwater, MN is 1-bedrooms: $1,850, 2-bedrooms: $2,030, 3-bedrooms: $2,930, 4-bedrooms: $3,560. The most common rental property sizes in Stillwater, MN are 1-bedroom and 2-bedroom, accounting for 37.6% and 29.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,400	$2,730
Studio Rent	N/A	N/A
1 Bed Rent	$1,320	$1,850
2 Bed Rent	$1,850	$2,030
3 Bed Rent	$2,900	$2,930
4 Bed Rent	$3,500	$3,560

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% of Rental Stock

Studio

2.5%

1 Bedroom

37.6%

2 Bedrooms

29.8%

3 Bedrooms

20.0%

4 Bedrooms

9.2%

5+ Bedrooms

1.0%

Property Listings — Stillwater, MN

As of May '26, Realtor.com reports that the median days on market for a home in Stillwater, MN is 35. This is a increase of 10.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$645,000	-16.0%
Listing Count	121	-12.0%
Listings as % of Homes	0.4%	-12.0%
Days on Market	35	10.0%

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Demographics — Stillwater, MN

As of the latest ACS Survey released in 2023, Stillwater, MN has a population of 36,400, which has increased by 1.5% over the past 5 years. Stillwater, MN is a moderately popular place for families, as children make up 22.1% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	36,400	1.5%
% Under 18	22.1%	-4.3%
% Seniors	21.2%	12.2%
% WFH	21.3%	280.4%
% w/ College Degree	52.8%	13.1%

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As of the latest ACS Survey released in 2023, Stillwater, MN is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Stillwater, MN is hispanic, making up 5.2% of the population. Foreign-born residents account for 4.3% of the population in Stillwater, MN, and this percentage has increased by 72.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	87.4%	-5.9%
% Black	1.9%	-9.5%
% Hispanic	5.2%	173.7%
% Asian	2.1%	75.0%
% Foreign Born	4.3%	72.0%

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Mortgage and Risk — Stillwater, MN

According to HUD data as of 2023, there were 733 mortgage originations in Stillwater, MN, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Stillwater, MN. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	733
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Stillwater, MN

As of 2024, the percent of homes in Stillwater, MN under the Section 8 program is 12.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Stillwater, MN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	425
Total Units Section 8	401
% Rentals under Section 8	12.3%
% Occupied Section 8	87.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$20	$1,320	$1,340
2 Bedroom	-$210	$1,850	$1,640
3 Bedroom	-$720	$2,900	$2,180
4 Bedroom	-$1,050	$3,500	$2,450

Stillwater, MN—55082

Key Metrics at a Glance

Home Price Trends — Stillwater, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Stillwater, MN

% of Rental Stock

Property Listings — Stillwater, MN

Demographics — Stillwater, MN

Race and Ethnicity

Mortgage and Risk — Stillwater, MN

Mortgages

Rentals and Section 8 — Stillwater, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Stillwater, MN

Home Price to Income Ratio

Stillwater, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Houlton, WI

Bayport, MN

Lake Elmo, MN

Willernie

Mahtomedi, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$530,000
Median Household Income	$118,000

Stillwater, MN—55082

Key Metrics at a Glance

Home Price Trends — Stillwater, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Stillwater, MN

% of Rental Stock

Property Listings — Stillwater, MN

Demographics — Stillwater, MN

Race and Ethnicity

Mortgage and Risk — Stillwater, MN

Mortgages

Rentals and Section 8 — Stillwater, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Stillwater, MN

Home Price to Income Ratio

Stillwater, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Houlton, WI

Bayport, MN

Lake Elmo, MN

Willernie

Mahtomedi, MN

Frequently Asked Questions

What is the average home price in Stillwater, MN 55082?

How have home prices in Stillwater, MN 55082 changed over the past year?

What is the home price projection for Stillwater, MN 55082?

What are the demographics of Stillwater, MN 55082?

How long does it take homes to sell in Stillwater, MN 55082?

What is the average rent price in Stillwater, MN 55082?