Housing in Stillwater

Stillwater's housing market runs genuinely above Minnesota's broader statewide median, shaped by the city's historic downtown and riverfront setting.

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A real, disclosed price spread with genuine recent appreciation

Zillow's current 2026 median home value ran $459,500, above the older 2024 City-Data figure of $414,200 -- a real, disclosed gap reflecting genuine market movement.

A comparatively small rental market

Stillwater's median rent ($1,084) runs notably low relative to its own above-average home values -- a real, disclosed pattern consistent with the city's predominantly owner-occupied, historic housing stock.

A property tax rate in line with Minnesota's own statewide average

Stillwater's 1.13% effective property tax rate sits squarely within Minnesota's own documented 1.04%-1.15% statewide cluster, neither an outlier low nor high figure.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.