Church of St. Michael-Catholic · Photo: McGhiever · CC BY-SA 4.0486 homes sold in St. Michael in the last year, at a typical $439K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where St. Michael homes are listed.
Every place St. Michael homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to St. Michael.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 79% of St. Michael’s sales, at a typical $474K
486 homes sold in the year to May 2026.
typical sale · 382 sold in 12 months
- Per square foot
- $187MN $191
- Days to sell
- 52
- Sold over asking
- 23%
- Listings with a price cut
- 39%
Townhouses: 104 sold, typical $320K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 1.7 times the 2016 price
486 sales in the last year, against 501 in 2021 and a low of 234 in 2014. The typical sale went from $262K in 2016 to $439K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in St. Michael
Check a listing against what St. Michael homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in St. Michael are rarer than before the pandemic, and more homes are for sale
We read every month of St. Michael’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 486 sales.
If you’re buying in St. Michael
- Shop in October. It brings about 41 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
- You can negotiate. 38% of listings have cut their price, against 24% before the pandemic.
- Bid near asking. Buyers paid 99.2% of the list price on average; 22% paid over.
- You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 54 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 49 a month), and the most competition: 40% close over asking. September and October offer nearly as much choice with fewer homes bid up (32%). January has the least competition (21%) but only about 28 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Minnesota
| St. Michael now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 22% | 31% | 48% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 31% | 47% | 62% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 38% | 24% | 10% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 99.6% | 102.1% | 99.2% |
| Days to sellMedian days from listing to contract | 54 | 37 | 20 | 35 |
127 homes for sale on a typical day
That’s 2.2 times the 2021 low (59) and 81% more than in 2017–19.
1 in 3 listings has cut its price
38% in the last year, against 24% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.
St. Michael ranks 127th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. St. Michael is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical St. Michael home costs about $2,685 a month
Price: St. Michael’s typical sale, last 12 months. Property tax at St. Michael’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether St. Michael is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 18.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $439K home, about $4,740 a year.
Taxes vs. neighborsSchools
The schools grade for St. Michael, from test results, graduation and how much students grow.
Schools in St. MichaelTypical commute
The average one-way trip to work for people who live in St. Michael.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Greenfield for far more
The busier markets within 25 miles of St. Michael, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| St. Michael | 486 | $439K | $184 | 22% | 54 |
| Otsego | 445 | $453K | $189 | 29% | 49 |
| Rogers | 394 | $445K | $191 | 26% | 63 |
| Hanover | 88 | $461K | $212 | 19% | 85 |
| Albertville | 87 | $374K | $185 | 29% | 34 |
| Rockford | 59 | $380K | $194 | 37% | 57 |
| Greenfield | 47 | $799K | $235 | 21% | 80 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to St. Michael, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to St. Michael. People who follow the town see it, and so do people comparing St. Michael with their own town. No commission, no listing fee.
Questions about buying a home in St. Michael
What do homes sell for in St. Michael, MN?
486 homes sold in the year to May 2026 at a typical $439K, $184 a square foot.
Is St. Michael a buyer’s or seller’s market?
A seller’s market: 105 homes were for sale in May 2026 and 46 sold, about 2.3 months of supply. Buyers paid 99.2% of asking on average, and 38% of listings cut their price.
When is the best time to buy in St. Michael?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in St. Michael?
About 1.1% of a home’s value a year. On a $439K home that’s near $4,740.
Where can I see homes for sale in St. Michael?
Zillow, Redfin, Realtor.com and Homes.com all carry St. Michael’s MLS listings; the search links above open each one filtered to St. Michael.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).