Housing in St. Michael, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$401,250

Median List Price

$464,900

Price Per Sq Ft

$181

Days on Market

62

Active Inventory

95

Months of Supply

5.9

Balanced market

Price Trends

Source: Redfin
Sale Price 2.1%List Price 2.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

31.3%

Off Market in 2 Weeks

23.3%

Sale-to-List Ratio

100.4%

Seller's market

Sold Above Asking
31.3%
Under Contract in 2 Wks
23.3%
Listings with Price Drops
54.7%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

34

Pending Sales

30

Homes Sold 44.8%New Listings 32.0%Pending 11.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$181

Median List $/SF

$192

Sale $/SF 8.6%List $/SF 0.5%Mar 24Jan 26

St. Michael vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. St. Michael is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$365,800

Median Rent

$2,038

Total Housing Units

7,129

Vacancy Rate

2.1%

Owner Occupied

91.4%

Renter Occupied

8.6%

Median Property Tax

$4,115

per year

Monthly Cost (w/ Mortgage)

$1,825

Housing Types

Single Family
96.1%
Multi-Family
3.9%
Mobile Home
0.0%

The current median sale price in St. Michael, MN is $401,250 according to Redfin data. Homes spend a median of 62 days on the market. 31.3% of homes sold above asking price. The market has 5.9 months of supply. The median price per square foot is $181. The median rent is $2,038 per month (Census ACS). About 91.4% of housing units are owner-occupied. The median year homes were built is 1997. There are 7,129 total housing units.