The story of this market
The typical home in St. Louis Park, Minnesota sells for about $399,735.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,590 a month.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
St. Louis Park, Minnesota
St. Louis Park's housing market remains highly competitive, characterized by low inventory and steady price appreciation. The city's strong economic fundamentals, including a high median household income and proximity to Minneapolis, continue to drive demand. While rent growth has moderated, the overall market sentiment is optimistic due to consistent interest from both families and investors.
No ARED county foreclosure postings attributed to St. Louis Park yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 2.6% year over year.
Homes spend a median of 12 days on market with 2.1 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 100.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.9% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A premier mixed-use destination featuring a wide array of retail, dining, and entertainment options. It serves as a central hub for social activity and significantly boosts local property demand.
A vital recreational artery that connects St. Louis Park to Minneapolis and beyond. It is highly valued by residents for commuting and leisure, enhancing the city's walkability and bikeability.
A well-maintained community park offering green space and recreational facilities. It provides essential outdoor space for families and contributes to the neighborhood's overall desirability.
St. Louis Park is an ideal destination for young professionals, families, and commuters who value proximity to Minneapolis without sacrificing a suburban feel. The city's robust amenity base, including the West End and extensive trail systems, appeals to active individuals and those seeking a walkable lifestyle. Its diverse housing options also make it a viable choice for downsizers and investors looking for stable, long-term rental demand.
The city is served by St. Louis Park Public Schools, which maintains a strong reputation for academic programming and community engagement. The district is known for its focus on equity and inclusive learning environments, consistently drawing families to the area. Local schools are well-regarded within the Twin Cities metro region for their comprehensive curriculum and extracurricular offerings.
The city is well-connected via major highway corridors, providing efficient access to downtown Minneapolis and the broader metro area. Public transit options are available, supporting a commute-friendly environment for residents. The infrastructure is designed to accommodate both vehicular traffic and active transportation modes like cycling.
St. Louis Park offers an extensive network of parks, trails, and recreational facilities that serve as a primary draw for residents. The city features numerous community parks, athletic fields, and the popular Cedar Lake Regional Trail, which provides seamless connectivity for cyclists and pedestrians. These amenities enhance the quality of life and contribute to the city's appeal as a family-friendly, active community.
The rental market in St. Louis Park is characterized by a diverse inventory of apartments and single-family homes, with a significant portion of the housing stock dedicated to multi-family units. Rent trajectories have shown recent stabilization, reflecting a balance between supply and demand in the competitive Twin Cities rental landscape. Investor interest remains steady, supported by the city's proximity to major employment centers and high-quality amenities.
St. Louis Park's economy is anchored by a mix of retail, professional services, and healthcare sectors, benefiting from its strategic location within the Twin Cities. The city maintains strong economic momentum through continuous investment in commercial hubs like the West End. Its proximity to Minneapolis allows for a diverse industry mix and access to a broad regional labor market.
St. Louis Park benefits from its strategic location adjacent to Minneapolis, driving consistent demand for both residential and commercial development. Major infrastructure projects, including transit-oriented developments near the West End, continue to attract corporate investment and new residents. The city's economic momentum is supported by a mix of established local businesses and modern mixed-use hubs.
Development planning in St. Louis Park focuses on transit-oriented growth and the revitalization of key commercial corridors. Major projects are currently centered on increasing residential density and improving mixed-use accessibility. The city's pipeline reflects a commitment to sustainable urban growth and long-term economic viability.
Parcels in St. Louis Park are subject to standard municipal, county, and school district levies. Special assessments may apply for specific infrastructure improvements or utility services as determined by the city council. There are no unique MUD or PID structures typical of other regions.
St. Louis Park faces moderate risk from severe weather events, particularly high-wind storms that can impact residential infrastructure. Property owners are encouraged to maintain adequate insurance coverage against wind and storm damage. The city's geography is generally stable, though standard flood-plain management practices apply to low-lying areas near local water bodies.
Property insurance in St. Louis Park is influenced by regional weather patterns, particularly the risk of severe wind and storm damage. Premiums remain competitive but reflect the necessity of coverage against common Midwestern climate hazards. Market health is stable, with standard availability of residential insurance products.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from census.gov and datausa.io profiles for St. Louis Park city, MN.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.