Market Overview
Home Prices in Stillwater, MN
The median home value in Stillwater, MN is $459,967 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Stillwater are priced12% above average. Stillwater is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Stillwater home values have risen by approximately18.1%, reflecting steady appreciation in this market.
Price History
Stillwater Home Price Trend
City Comparison
Stillwater vs. National Median
At $459,967, homes in Stillwater cost 12% above the national median of $410,000. Buyers in Stillwater should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Stillwater?
20% Down Payment
$91,993
on $459,967
Monthly P&I
$2,399/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,047/mo
incl. taxes & insurance
Income Needed
$121,880
gross annual (30% rule)
10% Down Option
$45,997
+ PMI applies
Loan Amount (20% dn)
$367,974
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Stillwater, MN?
The median home value in Stillwater is $459,967 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Stillwater?
Over the past year, home values in Stillwater have increased by 3.9%. Over five years, prices have risen approximately 18.1%.
How much do I need to earn to buy a home in Stillwater?
To comfortably afford the median home price of $459,967 with a 20% down payment ($91,993) at today's rates (6.8%), you'd need a gross annual income of approximately $121,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Stillwater compare to the national average home price?
The national median home value is approximately $410,000. At $459,967, homes in Stillwater are 12% above the national average.
What metro area is Stillwater part of?
Stillwater is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.