Braham, MN—55006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Braham, MN
Braham, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 1.1% |
| Single Family | $269,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $230,000 | 0.4% |
3 Bed | $274,000 | 0.7% |
4 Bed | $313,000 | 1.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Braham, MN
As of July '25, Rentcast reports the average rent in Braham, MN is $1,750, with a year-over-year rent change of 50.9%. Per bedroom, the median rent as of July '25 in Braham, MN is 1-bedrooms: $1,100, 3-bedrooms: $2,070. The most common rental property sizes in Braham, MN are 1-bedroom and 2-bedroom, accounting for 40.9% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,650 | $2,070 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Braham, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Braham, MN is 43. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $272,000 | 7.0% |
Listing Count | 12 | -3.0% |
| Listings as % of Homes | 0.3% | -3.0% |
Days on Market | 43 | 11.0% |
Demographics — Braham, MN
As of the latest ACS Survey released in 2023, Braham, MN has a population of 3,660, which has decreased by -6.3% over the past 5 years. Braham, MN is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,660 | -6.3% |
% Under 18 | 25.0% | 7.3% |
% Seniors | 17.5% | 15.9% |
% WFH | 8.6% | 100.0% |
% w/ College Degree | 15.0% | 38.9% |
As of the latest ACS Survey released in 2023, Braham, MN is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Braham, MN is hispanic, making up 6.1% of the population. Foreign-born residents account for 1.8% of the population in Braham, MN, and this percentage has increased by 125.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.8% | -3.9% |
% Black | 0.2% | -75.0% |
% Hispanic | 6.1% | 56.4% |
% Asian | 0.7% | 600.0% |
% Foreign Born | 1.8% | 125.0% |
Mortgage and Risk — Braham, MN
According to HUD data as of 2023, there were 68 mortgage originations in Braham, MN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Braham, MN. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 68 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Braham, MN
Braham, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 14.2% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,100 | $1,200 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | $320 | $1,650 | $1,970 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Braham, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $269,000 |
| Median Household Income | $64,200 |