Hillcrest is currently tilted toward sellers, with the market gauge at 3 on a 1-to-10 scale labeled as a Seller's Market. Buyers have relatively few options, as only 1 home is on the market and just 1 new listing came up this month. Limited choices help keep conditions favorable for sellers.
Prices in Hillcrest are lower than in the broader St. Paul area, with a typical home value of about $267,900 compared with $292,359 citywide, yet values here are moving up rather than down. Over the past year, Hillcrest’s typical home value climbed 7.81 percent while St. Paul as a whole saw a 0.9 percent decline.
Activity shows a slow but steady pace, with homes spending a median of 39 days on the market after rising more than 25 percent month over month and about 77 percent over the past year. Only 20 percent of recent sales closed above the list price, and the average sale-to-list ratio is about 0.97, giving buyers some room to negotiate even in a seller-leaning environment. Looking ahead to next month, typical values are projected to edge up to $272,375 while the projected median list price shifts to $173,550 and inventory is expected to hold at 1, keeping supply tight. Whether buyers want to navigate these changing prices or sellers hope to capitalize on low inventory, Agent Pronto can connect them with a Hillcrest agent who knows this market well.
