The Merriam Park-Lexington-Hamline housing market is very competitive. The median sale price of a home in Merriam Park-Lexington-Hamline was $415K last month, up 24.3% since last year. The median sale price per square foot in Merriam Park-Lexington-Hamline is $249, up 12.7% since last year.
What is the housing market like in Merriam Park-Lexington-Hamline today?
In January 2025, Merriam Park-Lexington-Hamline home prices were up 24.3% compared to last year, selling for a median price of $415K. On average, homes in Merriam Park-Lexington-Hamline sell after 30 days on the market compared to 39 days last year. There were 23 homes sold in January this year, down from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$415,000
+24.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Merriam Park-Lexington-Hamline, MN
$415,000
+24.3%
United States
To compare other locations to the Merriam Park-Lexington-Hamline and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in St. Paul add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Merriam Park-Lexington-Hamline
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Merriam Park-Lexington-Hamline housing market?
Merriam Park-Lexington-Hamline is very competitive. Homes sell in 23.5 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for about 1% above list price and go pending in around 11 days.
Learn about schools in the Merriam Park-Lexington-Hamline area
Elementary
Middle
High
GreatSchools Rating
1/10
Four Seasons Elementary School
Public • PreK-5
350
Students
8 reviews
NR
Galtier Magnet Elementary School
Public • PreK-5
157
Students
6 reviews
NR
Misc. Schools (np)
Public • N/A
-
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Merriam Park-Lexington-Hamline housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merriam Park-Lexington-Hamline.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merriam Park-Lexington-Hamline has a minor risk of flooding. 114 properties in Merriam Park-Lexington-Hamline are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Merriam Park-Lexington-Hamline. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Merriam Park-Lexington-Hamline has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Merriam Park-Lexington-Hamline is most at risk from severe storms. 4,456 properties in Merriam Park-Lexington-Hamline have some risk of being in a severe wind event within the next 30 years.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Merriam Park-Lexington-Hamline has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Merriam Park-Lexington-Hamline have a Minor Heat Factor®.
Merriam Park-Lexington-Hamline is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. Merriam Park-Lexington-Hamline is expected to experience 7