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Stillwater housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$450K−20.8% vs. May 2025
  • Homes sold37+15.6% vs. May 2025
  • Days on market24May 2026
  • Months of supply1.7end of May 2026

The short version

Stillwater in May 2026

In May 2026, 37 homes sold in Stillwater, against 32 in May 2025.

The median sale price was $450,000, down 20.8% from a year earlier, and homes spent 24 days on market, with sellers receiving 100.8% of their original list price.

The month ended with 45 homes for sale, 1.7 months of supply (a seller’s market by the usual measure).

Over the 12 months through May 2026, the median was $471,000 (down 0.8%) across 331 sales.

That was the 32nd highest median sale price of the 81 cities in our guides with at least 10 sales that month.

Median sale price by month through May 2026, Stillwater
200k400k600k800kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026May 2026$477,500Oct 2024$477,500Nov 2024$406,950Dec 2024$490,000Jan 2025$485,000Feb 2025$417,000Mar 2025$475,000Apr 2025$475,000May 2025$568,000Jun 2025$565,000Jul 2025$452,500Aug 2025$430,000Sep 2025$490,000Oct 2025$570,000Nov 2025$469,900Dec 2025$432,500Jan 2026$628,750Feb 2026$480,000Mar 2026$543,330Apr 2026$420,500$450,000May 2026$450,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$477,500
Nov 2024$406,950
Dec 2024$490,000
Jan 2025$485,000
Feb 2025$417,000
Mar 2025$475,000
Apr 2025$475,000
May 2025$568,000
Jun 2025$565,000
Jul 2025$452,500
Aug 2025$430,000
Sep 2025$490,000
Oct 2025$570,000
Nov 2025$469,900
Dec 2025$432,500
Jan 2026$628,750
Feb 2026$480,000
Mar 2026$543,330
Apr 2026$420,500
May 2026$450,000

All the numbers

Stillwater, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$568,000$450,000−20.8%$475,000$471,000−0.8%
Average sale price$601,237$559,202−7.0%$547,358$551,710+0.8%
Price per square foot$256$250−2.5%$243$239−1.8%
Closed sales3237+15.6%336331−1.5%
New listings5539−29.1%435371−14.7%
Days on market3224−25.0%5043−14.0%
% of original list price received101.1%100.8%−0.3%98.5%99.3%+0.8%
Homes for sale (end of month)6645−31.8%———
Months of supply2.31.7−26.1%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Stillwater, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Stillwater in May 2026: questions

What was the median home price in Stillwater, MN in May 2026?

$450,000, from 37 sales (down 20.8% from May 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Stillwater, MN in May 2026?

37, against 32 in May 2025. 39 new listings came on the market that month.

Was Stillwater a buyer's or seller's market in May 2026?

Stillwater ended May 2026 with 1.7 months of supply (45 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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