Payne-Phalen housing market, December 2025
Past report · Minneapolis Area REALTORS® Local Market Update · current as of January 8, 2026. See the newest report (September 2026)
- Median sale price$241K−7.1% vs. December 2024
- Homes sold20−9.1% vs. December 2024
- Days on market36December 2025
- Months of supply2end of December 2025
The short version
Payne-Phalen in December 2025
In December 2025, 20 homes sold in Payne-Phalen, against 22 in December 2024.
The median sale price was $240,625, down 7.1% from a year earlier, and homes spent 36 days on market, with sellers receiving 96.2% of their original list price.
The month ended with 37 homes for sale, 2 months of supply (a seller’s market by the usual measure).
Over the 12 months through December 2025, the median was $259,000 (up 7.9%) across 229 sales.
Single months can swing when few homes sell.
Show as a table
| Year | Median price |
|---|---|
| Oct 2024 | $260,000 |
| Nov 2024 | $239,950 |
| Dec 2024 | $259,000 |
| Jan 2025 | $270,000 |
| Feb 2025 | $210,000 |
| Mar 2025 | $259,950 |
| Apr 2025 | $285,000 |
| May 2025 | $250,000 |
| Jun 2025 | $280,000 |
| Jul 2025 | $267,500 |
| Aug 2025 | $265,000 |
| Sep 2025 | $243,000 |
| Oct 2025 | $232,000 |
| Nov 2025 | $238,000 |
| Dec 2025 | $240,625 |
All the numbers
Payne-Phalen, December 2025 vs. December 2024
| December 2025 | 12 months through December 2025 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | $259,000 | $240,625 | −7.1% | $240,000 | $259,000 | +7.9% |
| Average sale price | $253,386 | $229,828 | −9.3% | $248,149 | $255,116 | +2.8% |
| Price per square foot | $175 | $157 | −10.5% | $177 | $177 | +0.4% |
| Closed sales | 22 | 20 | −9.1% | 258 | 229 | −11.2% |
| New listings | 11 | 22 | +100.0% | 316 | 316 | 0.0% |
| Days on market | 42 | 36 | −14.3% | 38 | 38 | 0.0% |
| % of original list price received | 98.2% | 96.2% | −2.0% | 99.4% | 99.6% | +0.2% |
| Homes for sale (end of month) | 30 | 37 | +23.3% | — | — | — |
| Months of supply | 1.4 | 2 | +42.9% | — | — | — |
| Twin Cities region, median price | $370,000 | $380,000 | +2.7% | $380,000 | $390,000 | +2.6% |
Source: Minneapolis Area REALTORS® Local Market Update, Payne-Phalen, December 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of January 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.
Quick answers
Payne-Phalen in December 2025: questions
What was the median home price in Payne-Phalen, Saint Paul in December 2025?
$240,625, from 20 sales (down 7.1% from December 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
How many homes sold in Payne-Phalen, Saint Paul in December 2025?
20, against 22 in December 2024. 22 new listings came on the market that month.
Was Payne-Phalen a buyer's or seller's market in December 2025?
Payne-Phalen ended December 2025 with 2 months of supply (37 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.
Every month