Thomas-Dale, Saint Paul, MN—55103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thomas-Dale, Saint Paul, MN
As of Oct '25, the median home price in Thomas-Dale, Saint Paul, MN is $247,000, with a year-over-year change of 0.4%. This indicates that home prices in Thomas-Dale, Saint Paul, MN are flat. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 0.4% |
| Single Family | $248,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $144,000 | -2.0% |
2 Bed | $212,000 | -1.4% |
3 Bed | $250,000 | 0.0% |
4 Bed | $279,000 | 0.7% |
| 5 Bed | $302,000 | 0.7% |
% of Housing Stock
Rental Trends — Thomas-Dale, Saint Paul, MN
As of July '25, Rentcast reports the average rent in Thomas-Dale, Saint Paul, MN is $1,260, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Thomas-Dale, Saint Paul, MN is studios: $875, 1-bedrooms: $994, 2-bedrooms: $1,300, 3-bedrooms: $1,710, 4-bedrooms: $2,630. The most common rental property sizes in Thomas-Dale, Saint Paul, MN are 1-bedroom and 3-bedroom, accounting for 33.9% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,260 |
| Studio Rent | $875 | $875 |
| 1 Bed Rent | $925 | $994 |
| 2 Bed Rent | $1,280 | $1,300 |
| 3 Bed Rent | $1,600 | $1,710 |
| 4 Bed Rent | $2,060 | $2,630 |
% of Rental Stock
Property Listings — Thomas-Dale, Saint Paul, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Thomas-Dale, Saint Paul, MN is 36. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | 4.0% |
Listing Count | 26 | 9.0% |
| Listings as % of Homes | 0.3% | 9.0% |
Days on Market | 36 | 0.0% |
Demographics — Thomas-Dale, Saint Paul, MN
As of the latest ACS Survey released in 2023, Thomas-Dale, Saint Paul, MN has a population of 13,900, which has remained stable by -0.4% over the past 5 years. Thomas-Dale, Saint Paul, MN is a popular place for families, as children make up 28.1% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | -0.4% |
% Under 18 | 28.1% | -4.1% |
% Seniors | 11.0% | 27.9% |
% WFH | 13.0% | 217.1% |
% w/ College Degree | 27.0% | 23.3% |
As of the latest ACS Survey released in 2023, Thomas-Dale, Saint Paul, MN is a predominantly white area, with 33.6% of the population identifying as white. The white population has grown by 10.2% in the last 5 years. The second most common race or ethnicity in Thomas-Dale, Saint Paul, MN is black, making up 28.2% of the population. Foreign-born residents account for 25.6% of the population in Thomas-Dale, Saint Paul, MN, and this percentage has decreased by 14.4% 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 | 33.6% | 10.2% |
% Black | 28.2% | -17.8% |
% Hispanic | 12.0% | 144.9% |
% Asian | 21.5% | -16.7% |
% Foreign Born | 25.6% | -14.4% |
Mortgage and Risk — Thomas-Dale, Saint Paul, MN
According to HUD data as of 2023, there were 137 mortgage originations in Thomas-Dale, Saint Paul, MN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Thomas-Dale, Saint Paul, MN. Investor activity is low, as 7.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Thomas-Dale, Saint Paul, MN
As of 2024, the percent of homes in Thomas-Dale, Saint Paul, MN under the Section 8 program is 46.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Thomas-Dale, Saint Paul, MN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,467 |
Total Units Section 8 | 1,389 |
% Rentals under Section 8 | 46.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $275 | $925 | $1,200 |
| 2 Bedroom | $180 | $1,280 | $1,460 |
| 3 Bedroom | $370 | $1,600 | $1,970 |
| 4 Bedroom | $180 | $2,060 | $2,240 |
Affordability — Thomas-Dale, Saint Paul, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $247,000 |
| Median Household Income | $47,900 |