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St. Michael, MN

Full City Profile · Minnesota · Wright County County

3.9 /5.0
B+ Good
19,267 Population 590/sq mi density
$130,814 Median Income $51,936 per capita
$365,800 Home Value $375,985 Zillow
$2,038 Median Rent 24.3% income on rent
44°F Avg Temperature 270 sunny days/yr
41 Violent Crime/100K 2,340 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$130,814 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$365,800 home value, $2,038/mo rent
F
Safety
1.0 / 5.0
41 violent crimes/100K
A+
Education
4.5 / 5.0
44.3% bachelor's degree or higher

Housing Overview

Median Home Value
$365,800
30% above
US avg: $281,900
Median Rent
$2,038/mo
75% above
US avg: $1,163/mo
Homeownership Rate
91.4%
40% above US avg (65.4%)
Total Housing Units
6,704
Median year built: 1998

Home Value by Source

Census Median
$365,800
Zillow (ZHVI)
$375,985
Median Sale Price
$464,000
Median List Price
$519,230
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.4%
Owner-Occupied
8.6%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $2,038/mo

Market Indicators (Redfin)

Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
29
Price Drops
26.8%
of listings with price reduction
Price Per Sq Ft
$178
Active Inventory
97
homes for sale

Affordability & Housing Stock

Rent Burden
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
91.4%

Complete Housing Data

Home Values

Census Median Value$365,800
Zillow Home Value (ZHVI)$375,985
Median Sale Price$464,000
Median List Price$519,230
Price Per Sq Ft$178

Rent

Census Median Rent$2,038
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market118
Sale-to-List Ratio1.0%
Price Drops26.8%
Homes Sold29
Active Inventory97
Price Per Sq Ft$178

Ownership & Stock

Owner-Occupied91.4%
Renter-Occupied8.6%
Homeownership Rate91.4%
Total Housing Units6,704
Median Year Built1998
Rent Burden24.3%