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Saint Louis Park, MN 55416 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Saint Louis Park, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 5151PendingPending sales: 44
Saint Louis Park, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $400k$400kSoldMedian sold price (last 6 months): $450k$450k
What homes actually sell for in Saint Louis Park, MN
Distribution of 353 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $310k to $680k
$148k to $280k: 55 sales$148k$280k to $411k: 79 sales79sales$411k to $543k: 69 sales$411k$543k to $674k: 42 sales$674k to $806k: 28 sales$674k$806k to $937k: 17 sales$937k to $1.07M: 16 sales$937k$1.07M to $1.2M: 11 salesMedian $450k

What the numbers say

As of October 26, 2026, Resideline is tracking 51 active listings and 4 pending sales in ZIP code 55416. That pending-to-active ratio of 0.08 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $400,000, while the median of the 353 closed sales Resideline tracked over the last six months was $450,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55416 for 97 days.

Frequently asked questions

What is the median home price in 55416?

The median closed sale price in Saint Louis Park, MN 55416 was $450,000 over the last six months, based on 353 closed sales tracked by Resideline. The middle half of those sales ranged from $310,000 to $680,000.

Is 55416 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 51 active listings in 55416, a pending-to-active ratio of 0.08. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55416 is currently a typical-pace market.

Nearby ZIP code market data

Full Saint Louis Park, MN housing market report →

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