Maplewood’s housing market has been experiencing notable changes, reflecting broader regional trends and local developments. Understanding these shifts is essential for prospective buyers, sellers, and renters.
Current Housing Market Trends
As of March 2026, the median sale price for homes in Maplewood reached $327,000, marking a 3.7% increase from the previous year. The median price per square foot rose to $193, up 15.6% year-over-year. Homes are spending an average of 60 days on the market, a significant increase from 18 days the prior year. Additionally, the number of homes sold in March increased to 32, up from 23 the previous year.
Rental Market Overview
The rental market in Maplewood has also seen changes. The average rent as of March 31, 2026, was $1,430, reflecting a 5.2% increase over the past year. This figure remains below the national average rent of $1,910.
Upcoming Developments: Century Ponds
One of the most anticipated developments in Maplewood is the Century Ponds project. Approved to transform the former Ramsey County Ponds golf course, which closed in 2021, this development will introduce 133 single-family homes and 73 townhomes. The 92-acre site, located southwest of Lower Afton Road East and Century Avenue South, will also feature a public park, trail connections, and HOA-maintained open spaces. Construction is planned in two phases over the next five years, with an emphasis on preserving wetlands and natural areas.
For those considering entering Maplewood’s housing market, staying informed about these trends and developments is crucial. Whether buying, selling, or renting, understanding the local landscape will aid in making informed decisions.