Chisago City, MN—55013
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chisago City, MN
As of Oct '25, the median home price in Chisago City, MN is $428,000, with a year-over-year change of 0.5%. This indicates that home prices in Chisago City, MN are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $428,000 | 0.6% |
| Single Family | $430,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $371,000 | 0.8% |
3 Bed | $430,000 | 1.2% |
4 Bed | $508,000 | 1.6% |
| 5 Bed | $523,000 | 1.4% |
% of Housing Stock
Rental Trends — Chisago City, MN
As of July '25, Rentcast reports the average rent in Chisago City, MN is $2,380, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Chisago City, MN is 2-bedrooms: $1,300, 3-bedrooms: $2,200, 4-bedrooms: $2,950. The most common rental property sizes in Chisago City, MN are 1-bedroom and 2-bedroom, accounting for 47.0% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $2,400 | $2,950 |
% of Rental Stock
Property Listings — Chisago City, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Chisago City, MN is 57. This is a increase of 47.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $596,000 | 20.0% |
Listing Count | 28 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 57 | 47.0% |
Demographics — Chisago City, MN
As of the latest ACS Survey released in 2023, Chisago City, MN has a population of 7,030, which has increased by 3.2% over the past 5 years. Chisago City, MN is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,030 | 3.2% |
% Under 18 | 20.3% | -11.4% |
% Seniors | 23.5% | 25.0% |
% WFH | 20.1% | 337.0% |
% w/ College Degree | 29.3% | 32.0% |
As of the latest ACS Survey released in 2023, Chisago City, MN is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Chisago City, MN is hispanic, making up 3.3% of the population. Foreign-born residents account for 2.3% of the population in Chisago City, MN, and this percentage has increased by 27.8% 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 | 90.0% | -5.0% |
% Black | 0.7% | 250.0% |
% Hispanic | 3.3% | 57.1% |
% Asian | 1.0% | 66.7% |
% Foreign Born | 2.3% | 27.8% |
Mortgage and Risk — Chisago City, MN
According to HUD data as of 2023, there were 53 mortgage originations in Chisago City, MN, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Chisago City, MN. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Chisago City, MN
Chisago City, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 71 |
Total Units Section 8 | 71 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 88.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | $160 | $1,300 | $1,460 |
| 3 Bedroom | -$230 | $2,200 | $1,970 |
| 4 Bedroom | -$160 | $2,400 | $2,240 |
Affordability — Chisago City, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $428,000 |
| Median Household Income | $99,900 |