Macalester-Groveland home values

Macalester-Groveland
St. Paul, Minnesota · Neighborhood report
Typical value $472K · ZIP 55105 · Values through Aug 2026

Macalester-Groveland at a glance

  • Zillow’s Home Value Index puts the typical home at $472,300 (Aug 2026), +2.8% over the past 12 months and +9% over five years.
  • The Census median home value is $453,300 — 54% above St. Paul overall and 33% above the U.S. median.
  • Median household income is $108,200, so homes cost 4.2× local income.
  • Median rent is $1,240/month (a 3.3% gross rental yield).
  • Its ZIP ranks 1st of 11 St. Paul ZIP codes by home value.
  • These figures are for ZIP 55105, which Macalester-Groveland shares with Summit Hill.
Value trend

Macalester-Groveland home value trend

$472K
Typical value (Aug 2026)
+2.8%
1-year change
+9%
5-year change
+39%
10-year change
Macalester-Groveland typical home value, Aug 2016 to Aug 2026$240K$320K$400K$480K20182020202220242026
Macalester-GrovelandSt. Paul

Over the 12 months to Aug 2026, typical home values in Macalester-Groveland rose 2.8%, to about $472,300. That is 2.0 percentage points faster than St. Paul (+0.8%). Values are at or near their highest level on record in this series. Over five years the typical home gained $37,800 in value (+9%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$472,300+2.8%
Aug 2025$459,500+2.1%
Aug 2024$450,200−0.7%
Aug 2023$453,200−1.1%
Aug 2022$458,200+5.5%
Aug 2021$434,400+10.2%
Aug 2020$394,200+1.8%
Aug 2019$387,400+1.0%
Aug 2018$383,500+5.9%
Aug 2017$362,000+6.3%
Aug 2016$340,600—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

Macalester-Groveland home value score

3.8
Value Score / 10
Census-based
from local value, rent & income

In ZIP 55105, prices are high relative to rents (a low gross yield), and homes are moderately priced against local incomes.

How the Value Score is built

Rental yield0.4 / 10
Gross annual rent as a share of home value — 3.3% here. Higher means stronger cash flow.
Affordability7.3 / 10
Home value versus local income — 4.2× here. Lower is more affordable.

Computed figures

3.3%
Gross rental yield
4.2×
Price-to-income
+33%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Comparison

Macalester-Groveland vs St. Paul, Minnesota and the U.S.

Macalester-GrovelandSt. PaulMinnesotaU.S.
Typical value (Zillow, Aug 2026)$472,300$317,000$331,400—
1-year change+2.8%+0.8%+1.0%—
5-year change+9%+6%+5%—
Median home value (Census)$453,300$294,500$330,000$340,200
Median household income$108,200$76,700$81,800$78,500
Median gross rent$1,240/mo$1,249/mo$1,306/mo$1,406/mo
Price-to-income ratio4.2×3.8×4.0×4.3×
Gross rental yield3.3%5.1%4.7%5.0%
Rent as share of income14%20%19%21%
Mortgage payment*$2,292/mo$1,489/mo$1,669/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Macalester-Groveland

$472K
Typical price
$94K
Down payment (20%)
$2,388
Monthly P&I
$1,240
Median rent

At today’s typical value of $472,300 (Zillow, Aug 2026), a buyer putting 20% down ($94,460) and financing the rest at 6.5% over 30 years would pay about $2,388 a month in principal and interest — 26% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $1,240/month, so owning costs roughly 93% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Macalester-Groveland

Buyers

At 4.2× local income, prices are moderate — compare a few nearby areas before committing.

Sellers

Values are up 2.8% on the year, so recent sales support your price — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 3.3% is low — this is an appreciation play rather than a cash-flow market.

Nearby

Other neighborhoods in St. Paul

NameHome value1-yrIncomeRentPrice / income
Battle Creek ZIP 55119 · shared$263K+1.1%$78K$1,3513.4×
Capitol River city data—————
Como Park$365K+2.9%$85K$1,3444.3×
Dayton's Bluff ZIP 55106 · shared$233K+0.4%$69K$1,2303.4×
Downtown ZIP 55101 · shared$253K−11.4%$73K$1,5733.5×
Greater East Side ZIP 55106 · shared$233K+0.4%$69K$1,2303.4×
Highland Park$406K+2.8%$83K$1,2794.9×
Highwood ZIP 55119 · shared$263K+1.1%$78K$1,3513.4×
Lowertown ZIP 55101 · shared$253K−11.4%$73K$1,5733.5×
Macalester-Groveland ZIP 55105 · shared$453K+2.8%$108K$1,2404.2×
Merriam Park ZIP 55104 · shared$291K−0.3%$75K$1,1593.9×
North End$263K+1.5%$72K$1,1783.7×
Payne-Phalen ZIP 55106 · shared$233K+0.4%$69K$1,2303.4×
Summit Hill ZIP 55105 · shared$453K+2.8%$108K$1,2404.2×
Summit-University ZIP 55104 · shared$291K−0.3%$75K$1,1593.9×
Thomas-Dale (Frogtown)$240K+0.1%$48K$1,0405.0×
Union Park ZIP 55104 · shared$291K−0.3%$75K$1,1593.9×
West Seventh (Fort Road)$280K+1.0%$74K$1,2953.8×
West Side$260K+0.6%$78K$1,3353.3×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Common questions

Macalester-Groveland real estate FAQ

Are home prices going up in Macalester-Groveland?

Up — the Zillow Home Value Index for Macalester-Groveland rose 2.8% in the 12 months to Aug 2026, to about $472,300. St. Paul changed +0.8% over the same period. Over five years values are +9%.

What is the typical home value in Macalester-Groveland?

The median owner-occupied home in Macalester-Groveland is valued at about $453,300 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 33% above the U.S. median and 54% above St. Paul. Zillow’s more current index puts the typical home at about $472,300.

Is Macalester-Groveland affordable?

Homes cost about 4.2× the median household income of $108,200, which is moderately priced. At today’s typical value of about $472,300, principal and interest would take about 26% of that income.

How much is rent in Macalester-Groveland?

Median gross rent (rent plus utilities) is about $1,240 a month, 12% below the U.S. median, or 14% of the median household income.

Is Macalester-Groveland good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 3.3%. That is low, so investors here usually rely on appreciation rather than rental income.
Your home

What’s your Macalester-Groveland home worth?

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.