Oak Park Heights Housing Market Update: Prices Ease, Inventory Tight
Oak Park Heights, MN – March 24, 2026 – Home values dipped over the past year as inventory stays limited and sales remain competitive.
Home prices in Oak Park Heights, Minnesota, show a mixed but steady pattern heading into spring, with modest year-over-year shifts and limited inventory shaping buyer and seller expectations.
Top takeaways
- Typical home value around $330K, down about 1.7% year over year.
- Recent median sale price near $301K, with just a handful of homes sold in the latest month reported.
- Active listings remain tight, hovering in the low teens.
- Homes generally selling close to list price, reflecting continued competition.
Market snapshot
According to Zillow data through late 2025, the typical home value is approximately $330,000, a slight decline from a year earlier. Redfin reports a recent median sale price near $301,000, down year over year, while price per square foot has increased, suggesting steady demand for well-updated properties.
Inventory remains limited. Realtor.com shows roughly a dozen homes actively listed, with homes spending about a month on market on average. Sales-to-list ratios near 99% indicate sellers are still achieving close to asking price, even as overall price growth moderates.
Oak Park Heights is located in Washington County and had a population of 4,849 at the 2020 census, underscoring the city’s small, competitive housing base.
What’s for sale now
Current listings range from townhomes and smaller single-family homes to larger properties priced near or above the $500K range. Newer listings in and around the community include multi-bedroom homes with updated interiors and properties near the St. Croix River corridor. With fewer than 20 homes typically available at a time, buyers have limited options compared with larger metro markets.
Local real estate outlook
The broader Twin Cities market has shown cooler price growth and modest shifts in sales activity entering 2026. In Oak Park Heights, the combination of low supply and stable demand continues to define conditions. Sellers appear to retain leverage, but buyers may find more negotiating room than during the peak frenzy years.
Sources
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