Payne-Phalen housing market, April 2026
Past report · Minneapolis Area REALTORS® Local Market Update · current as of May 7, 2026. See the newest report (September 2026)
- Median sale price$240K−15.8% vs. April 2025
- Homes sold19−9.5% vs. April 2025
- Days on market73April 2026
- Months of supply3end of April 2026
The short version
Payne-Phalen in April 2026
In April 2026, 19 homes sold in Payne-Phalen, against 21 in April 2025.
The median sale price was $240,000, down 15.8% from a year earlier, and homes spent 73 days on market, with sellers receiving 97.2% of their original list price.
The month ended with 61 homes for sale, 3 months of supply (a seller’s market by the usual measure).
Over the 12 months through April 2026, the median was $255,000 (down 0.8%) across 230 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 |
| Jan 2026 | $265,000 |
| Feb 2026 | $245,000 |
| Mar 2026 | $260,000 |
| Apr 2026 | $240,000 |
All the numbers
Payne-Phalen, April 2026 vs. April 2025
| April 2026 | 12 months through April 2026 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | $285,000 | $240,000 | −15.8% | $257,025 | $255,000 | −0.8% |
| Average sale price | $282,143 | $268,232 | −4.9% | $257,211 | $251,313 | −2.3% |
| Price per square foot | $175 | $176 | +0.7% | $178 | $175 | −1.7% |
| Closed sales | 21 | 19 | −9.5% | 248 | 230 | −7.3% |
| New listings | 24 | 42 | +75.0% | 293 | 364 | +24.2% |
| Days on market | 35 | 73 | +108.6% | 35 | 41 | +17.1% |
| % of original list price received | 100.1% | 97.2% | −2.9% | 99.8% | 98.9% | −0.9% |
| Homes for sale (end of month) | 33 | 61 | +84.8% | — | — | — |
| Months of supply | 1.7 | 3 | +76.5% | — | — | — |
| Twin Cities region, median price | $399,900 | $392,000 | −2.0% | $384,000 | $390,000 | +1.6% |
Source: Minneapolis Area REALTORS® Local Market Update, Payne-Phalen, April 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of May 7, 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 April 2026: questions
What was the median home price in Payne-Phalen, Saint Paul in April 2026?
$240,000, from 19 sales (down 15.8% from April 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
How many homes sold in Payne-Phalen, Saint Paul in April 2026?
19, against 21 in April 2025. 42 new listings came on the market that month.
Was Payne-Phalen a buyer's or seller's market in April 2026?
Payne-Phalen ended April 2026 with 3 months of supply (61 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.
Every month