The Stillwater, MN real estate market is experiencing a noticeable shift in mid-2025. An influx of new residential listings – up 7.2% from last year – is gradually easing the once ultra-tight inventory. For homeowners thinking of selling in Stillwater, this change presents both opportunities and new considerations. In this post, we’ll dive into the latest numbers for July 2025, including month-over-month and year-over-year listing trends, the total new listings added, overall inventory levels, and related indicators like pricing, days on market, and buyer demand. Most importantly, we’ll interpret what these inventory insights mean for Stillwater home sellers in today’s market.
New Listings Surge in Stillwater (July 2025 vs. June 2025 & Last Year)
Stillwater saw a notable uptick in new residential listings this summer. Early data for July 2025 indicate that new listings (including single-family homes, condos, and townhomes) have increased about 7.2% compared to July 2024. For context, Stillwater had 372 new listings by July 2024, which was already a 6.0% rise from the previous year. This year’s bump builds on that trend. In raw numbers, roughly around 400 homes were listed for sale in Stillwater during July 2025, up from about 372 a year prior, highlighting a meaningful inventory expansion.
Month-over-month, the change is also evident. June 2025 to July 2025 saw a modest increase in new listings as well. Summer is typically a peak season for listings, and 2025 is no exception. Sellers who held off during spring have listed their homes in early summer, contributing to a month-over-month rise in available homes on the market. While the exact MoM percentage increase is small (a few percent), it’s significant that inventory did not drop heading into July – a sign that more sellers are entering the market to meet steady buyer demand.
In practical terms for July 2025, this means home shoppers in Stillwater have more options to choose from now than they did even a month or a year ago. For sellers, a growing number of new listings marks a change from the ultra-low inventory conditions of the past few years. Next, let’s look at how many new listings hit the market in total this July and what that means going forward.
Total New Listings Added in July 2025
So just how many homes were listed in Stillwater in July 2025? Preliminary figures show that approximately 400 new listings (give or take a few) were added over the course of the month. This includes all residential property types – from historic houses and new construction to condos and townhomes. It’s a considerable volume for a community of Stillwater’s size and reflects a healthy churn in the market.
To put this number in perspective, in July 2024 the total new listings were closer to the mid-300s. The increase to around 400 this July represents that 7+% year-over-year jump in seller activity. Even on a month-to-month basis, July outpaced June’s new listings count, which was slightly lower. Sellers have clearly noticed the sustained buyer demand and are taking advantage of the summer selling season to list their properties.
It’s worth noting that these figures are cumulative for the month – not all 400 homes are on the market at once, as many will have accepted offers or sold by month’s end. In fact, as of late July there were only about 82 active homes for sale in Stillwater at any given time. This indicates that while new listings are flowing in, buyers are absorbing them quickly, keeping the market moving. The uptick in new supply is real, but it’s not leading to a glut of unsold homes. Next, we’ll explore the broader inventory trend and what a growing supply means for sellers.
Inventory Trends: More Homes for Sale, But Still a Seller’s Market
With new listings on the rise, housing inventory in Stillwater has begun to thaw from its record lows. In June 2025, for example, the number of homes listed for sale in Stillwater was up 13.3% compared to June of the previous year. Similarly, overall active listings in the Twin Cities region have grown modestly – inventory across the metro reached 9,588 in June, a +4.5% increase year-over-year, bringing months’ supply to about 2.5 months (+4.2%).
What does 2.5 months of supply mean? It’s a measure of how long it would take to sell off all homes on the market at the current sales pace. A balanced market typically has 5–6 months of supply. At ~2.5 months, the Stillwater area remains a seller’s market, though slightly less extreme than before. In fact, according to Rocket Homes, Stillwater is still firmly a Seller’s Market – demand continues to exceed supply, even as inventory inches up.
For Stillwater home sellers, the increase in inventory has a dual effect:
- More Competition: With more sellers listing their homes, buyers have more choices. This means as a seller you’re no longer virtually guaranteed dozens of offers on day one. You’ll need to stand out to attract bids now that inventory isn’t quite as scarce.
- Slightly More Leverage for Buyers: Buyers may feel less urgency and have a bit more negotiating power than last year. When supply improves, we often see fewer bidding wars and more instances of contingent offers or inspection requests being accepted.
However, let’s keep this in perspective – inventory may be up 7–13% from last year’s levels, but housing supply is still very low historically. Many buyers remain in the market, and good homes are still selling quickly (often with multiple offers) in Stillwater. Sellers are simply advised to be mindful of pricing and presentation as competition among listings increases modestly.
Pricing Trends: Are Home Prices Affected by Rising Listings?
With inventory growing, one might expect some pressure on prices. So far, Stillwater home prices in 2025 have shown mixed trends:
- Median Sale Prices Remain Strong: Homes are still selling at high prices. As of May 2025, Stillwater’s median sale price was around $502,000 – up nearly 12% from a year prior. Some reports even show median prices hovering around the mid-$500s (approximately $540K), reflecting the many higher-end homes in the mix. This suggests that despite more listings, buyer competition is keeping sale prices elevated.
- Listing Prices Adjust Downward: Interestingly, the median listing (asking) price in Stillwater has softened. In June 2025, the median list price was about $539,000, which is 14.8% lower than June 2024. This could indicate that sellers are pricing their homes more conservatively or that a greater share of more affordable homes are being listed now (bringing the median ask down). In short, sellers can’t automatically shoot for last year’s sky-high asking prices without regard to market value – they’re having to price homes right to attract offers in an environment with a bit more inventory.
What does this mean for someone looking to sell? Proper pricing is crucial. The days of throwing out an overly ambitious price and still getting 5 offers might be fading. Work with your real estate agent to examine recent comparable sales and set a realistic price that will entice buyers. The good news is that buyers are still out there and willing to pay top dollar for well-priced, well-presented homes – the Stillwater market’s price growth proves that. But overpricing a listing in a rising-inventory market can backfire, leading to longer days on market or even price reductions.
Speaking of days on market, let’s examine how fast homes are selling now and what buyer demand looks like.
Days on Market & Buyer Demand: Homes Selling Faster Than Last Year
One clear indicator of buyer demand in Stillwater is how quickly listings go under contract. In mid-2025, homes are generally selling faster than they did a year ago – a sign that demand remains very strong:
- Quick Sales: On average, Stillwater homes are selling in just around 2–3 weeks. For instance, in early 2025 the average days on market was only 18 days, down over 40% from 32 days the year before. In May, local reports noted homes selling in just 19 days on average amid fierce competition. By June, some data showed average time on market even shorter – roughly 13 days, about half the time it took in June 2024. In other words, many homes are still selling within a couple of weeks of listing, especially if priced well.
- Multiple Offers Still Common: Buyer demand hasn’t evaporated at all; in fact, it’s keeping pace with the new supply. A significant portion of listings are still drawing multiple offers and selling above asking price. To illustrate, in a recent month this spring, 44% of sold homes in Stillwater went for over the asking price. Nearly half of sellers got more than their list price, thanks to bidding wars. While a slight inventory increase might temper the intensity a bit, desirable properties (think well-maintained, move-in-ready homes in great locations) are still “hot homes.” Buyers are often encountering multiple-offer scenarios for these listings.
- High Pending Sales: The pipeline of buyer activity is robust. The number of homes under contract has been trending upward, not down. (One local market report noted that pending sales in Stillwater jumped ~25.8% around June 2025 compared to the previous year – reflecting a surge in buyer activity joining the fray.) Even if that pace moderates, it’s clear that plenty of buyers are eagerly snapping up homes as soon as they hit the market.
Bottom line: Buyer demand in Stillwater remains very healthy in 2025, which is great news for sellers. Even with more listings to choose from, buyers haven’t pulled back. Houses that are priced competitively and marketed well are selling quickly and often at top dollar. However, buyers may become a bit more selective as inventory grows – which means sellers need to put their best foot forward.
What a 7.2% Inventory Increase Means for Stillwater Home Sellers
If you’re a homeowner planning to sell in Stillwater, you might be wondering how this uptick in inventory affects you. Here are the key takeaways and strategies in light of the 7.2% increase in new listings:
- Slightly More Competition: You will likely face a bit more competition from other sellers than in the recent past. Whereas last year your home might have been one of only a few in your price range, now buyers might have a dozen options. To stand out, focus on condition and presentation – consider staging and make necessary repairs. A fresh, move-in-ready home will win the bids (and as noted, those tend to spark bidding wars).
- Pricing is Paramount: In a rising-inventory environment, pricing your home correctly from the start is critical. Aim for a price that reflects current market value. Overpricing can cause your listing to sit longer, and the longer a home sits, the more buyers wonder “what’s wrong with it?”. By pricing it right, you increase your chances of attracting multiple offers and maybe even driving the price up above list. Remember that median list prices have come down about 15% year-over-year – a signal that smart sellers are being more realistic to meet buyers where they are.
- Homes May Not “Sell Themselves” Anymore: In a frenzied market, some sellers could list a home in any condition and still find buyers. That’s changing. With inventory creeping up, buyers can afford to be choosier. Expect more of them to insist on inspections or pay close attention to detail. As a seller, prepare your home meticulously. Little things – from curb appeal to minor interior fixes – can make a big difference in getting top dollar quickly when buyers have other homes to consider.
- Market Timing Matters: Traditionally, spring and summer are peak selling seasons in Stillwater. The fact that listings surged in July 2025 suggests this timeframe remains ideal for reaching active buyers. If you plan to sell, don’t delay too long into the fall or winter when the market typically slows and you might face less buyer traffic. Take advantage of the current moment when buyer demand is high and before any further inventory increases tip the scales more toward buyers.
- Leverage the Seller’s Market While It Lasts: Even with a 7.2% increase in listings, Stillwater is still a seller’s market by definition. Use that to your advantage. Well-priced homes are still receiving strong offers, and interest rates – while higher than the pandemic lows – remain moderate by historical standards, so buyers are motivated. You likely have a good chance of selling at an excellent price now. There’s no guarantee this dynamic will be as favorable a year from now if inventory continues to build or if buyer demand softens. In short, strike while the iron is hot.
In summary, a rising inventory does not mean a crashing market – far from it. It means a healthy normalization. Stillwater’s housing supply needed the boost, and now buyers and sellers can transact in a slightly less frantic environment. Sellers just need to be a bit more strategic than before: focus on pricing, marketing, and home condition to make the most of today’s market conditions.
Frequently Asked Questions About the Stillwater MN Real Estate Market
1. Is the Stillwater, MN housing market currently a buyer’s or seller’s market?
It is still a seller’s market in Stillwater as of mid-2025. There are not enough homes to meet buyer demand, which gives sellers the advantage. Inventory is around only 2.5 months of supply, well below the 5-6 months that signify a balanced market. In fact, sources confirm Stillwater remains a Seller’s Market where homes sell quickly and often over asking price. Buyers are out there competing for limited homes, so sellers continue to have the upper hand, though slightly less so than a year ago.
2. How many homes are for sale in Stillwater right now?
The number of active listings varies daily, but recently roughly 80–100 homes have been actively for sale in Stillwater at any given time. This is a small supply for a city of Stillwater’s size. For example, towards the end of July 2025 about 82 homes were on the market. Many new listings are being added each month (around 400 in July alone), but because sales are happening so quickly, the active inventory stays relatively low. Inventory is up a bit from last year (roughly 13% higher), but homes are selling nearly as fast as they’re listed, keeping the available supply modest.
3. What are home prices doing in Stillwater with this inventory increase?
Home prices in Stillwater have remained strong despite the inventory increase. The median sale price is in the low-to-mid $500,000s, which is significantly higher than last year (double-digit percent increases in sale price year-over-year). However, sellers are being more cautious with asking prices. The median list price in Stillwater was around $539K in June 2025, actually down about 14.8% from a year ago. This suggests sellers are adjusting to the slightly increased supply by pricing homes more competitively. Overall, selling prices are holding steady or rising because buyer demand is still strong – but expect pricing to level out a bit if inventory continues to grow.
4. How long does it take to sell a home in Stillwater now?
Homes are generally selling very fast. Most well-priced listings are going under contract in around 2 to 3 weeks on average. Data from this spring showed homes selling in about 18–20 days on average, which was over 40% faster than the year prior. In peak summer 2025, many homes are selling even quicker – some in just a week or less if they’re hot properties. Even with a few more listings on the market, buyers are acting quickly. If a home is move-in ready and priced right, expect it to sell in a matter of days to a couple of weeks given the current demand.
5. What does the increase in new listings mean for someone looking to sell their Stillwater home?
It means you’ll face a little more competition than before, but you can still achieve an excellent result. More new listings (up 7.2% year-over-year) give buyers additional choices, so as a seller you need to make your home shine (through proper staging, maintenance, and pricing). You might not get 15 offers in 48 hours like some did in 2021, but you could still see multiple offers if your home is attractive and priced fairly – many Stillwater sellers are still getting above asking price on well-presented homes. The key is to price strategically (don’t overprice even in a hot market) and work with a knowledgeable agent who can market your home effectively. The good news is the seller’s market conditions persist, so you’re likely to sell relatively quickly and for a strong price. Just be prepared to negotiate and cater to buyer expectations a bit more now than when inventory was at rock bottom.
Ready to Sell or Curious About Your Home’s Value?
If you’re a homeowner in Stillwater considering selling, now is a great time to leverage the market momentum. New listings are up, but buyer demand is still outpacing supply – a perfect window for well-prepared sellers. Contact our team today for a free home value assessment and personalized selling strategy. We’ll help you navigate the evolving Stillwater market so you can maximize your sale price and sell on your terms. Don’t miss the opportunity – reach out to us now to discuss how this 2025 market can work for you. Your successful home sale in Stillwater starts with the right guidance – and we’re here to help every step of the way!
