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Saint Louis Park, MN 55416 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Saint Louis Park, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 4848PendingPending sales: 66
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): $338k$338kSoldMedian sold price (last 6 months): $450k$450k
What homes actually sell for in Saint Louis Park, MN
Distribution of 415 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $710k
$135k to $288k: 77 sales$135k$288k to $440k: 103 sales103sales$440k to $592k: 74 sales$440k$592k to $745k: 47 sales$745k to $898k: 30 sales$745k$898k to $1.05M: 25 sales$1.05M to $1.2M: 16 sales$1.05M$1.2M to $1.36M: 2 salesMedian $450k

What the numbers say

As of September 14, 2026, Resideline is tracking 48 active listings and 6 pending sales in ZIP code 55416. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $337,500, while the median of the 415 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 60 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 415 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $710,000.

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

Resideline is currently tracking 6 pending sales against 48 active listings in 55416, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55416 currently looks like a balanced market.

Nearby ZIP code market data

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