The story of this market
The typical home in May Township, Minnesota sells for about $850,000, or $285 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,400 a month.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
May Township, Minnesota
May Township exhibits a stable, high-value residential market driven by its affluent demographic and high-quality school district. Low inventory and consistent demand from family buyers support steady price appreciation. The market remains resilient due to its status as a desirable, low-density commuter enclave.
No ARED county foreclosure postings attributed to May Township yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 5.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 2.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Provides residents with scenic views and recreational water access, significantly enhancing property values and lifestyle appeal.
Extensive trail systems and green spaces that support hiking and wildlife observation, serving as a major community anchor.
May Township is best suited for affluent family buyers and those seeking a quiet, rural-residential lifestyle within commuting distance of the Twin Cities. It appeals to individuals prioritizing space, privacy, and high-quality schools over urban density. Investors may find limited opportunities due to the low turnover and single-family-dominant housing stock.
The township is served by high-performing public school districts, most notably Stillwater Area Public Schools. These institutions are characterized by strong academic outcomes, high graduation rates, and extensive extracurricular offerings. The educational environment is a primary driver for family-oriented residential demand in the area.
Transportation is heavily reliant on private vehicle use, with access to the Twin Cities provided via regional highway corridors. Public transit options are minimal, reflecting the township's rural character.
The township offers significant access to outdoor amenities, including regional parks, trails, and proximity to the St. Croix River valley. These natural assets provide extensive opportunities for hiking, boating, and seasonal recreation, which are central to the local lifestyle and property appeal.
The rental market is limited in depth, consisting primarily of single-family homes rather than multi-family developments. Vacancy pressure is generally low due to the scarcity of rental inventory, and the market is not heavily influenced by short-term rental activity.
The economy is primarily residential and service-oriented, with most residents commuting to the broader Twin Cities metropolitan area for employment. There is no significant industrial or corporate anchor base within the township limits.
Economic momentum is driven by its proximity to the Twin Cities metro area, facilitating a high-income commuter base. Development is largely characterized by low-density residential growth and the preservation of rural character. Infrastructure investment is focused on maintaining regional road connectivity rather than large-scale commercial expansion.
Development planning is focused on maintaining low-density zoning and preserving the township's rural aesthetic. There are no major high-density or commercial projects currently in the pipeline.
Parcels are subject to Washington County property tax levies and the Stillwater Area Public Schools district tax. There are no significant MUD or PID districts reported.
May Township maintains a low-crime, rural-residential profile consistent with the broader Washington County area. Reported incidents are infrequent, primarily involving property-related matters rather than violent crime. Residents generally experience a high sense of safety compared to more urbanized regional centers.
The area faces standard regional risks including severe summer storms and winter weather impacts. Flood risk is localized to specific low-lying areas near water bodies, while wildfire risk remains low due to the managed landscape. Property insurance markets remain stable, though premiums reflect regional exposure to wind and hail damage.
Property insurance markets are stable, with premiums reflecting standard regional risks for wind and storm damage. There is no evidence of market distress or uninsurability.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau ACS place-level profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.