Circle Pines, MN—55014
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Circle Pines, MN
As of Oct '25, the median home price in Circle Pines, MN is $371,000, with a year-over-year change of 3.2%. This indicates that home prices in Circle Pines, MN are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | 3.2% |
| Single Family | $373,000 | 3.0% |
| Condos | $261,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $282,000 | 1.8% |
3 Bed | $357,000 | 3.2% |
4 Bed | $420,000 | 2.7% |
| 5 Bed | $483,000 | 2.3% |
% of Housing Stock
Rental Trends — Circle Pines, MN
As of July '25, Rentcast reports the average rent in Circle Pines, MN is $2,000, with a year-over-year rent change of -14.5%. Per bedroom, the median rent as of July '25 in Circle Pines, MN is 1-bedrooms: $1,270, 2-bedrooms: $1,600, 3-bedrooms: $2,270, 4-bedrooms: $2,450. The most common rental property sizes in Circle Pines, MN are 2-bedroom and 3-bedroom, accounting for 36.0% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,240 | $1,270 |
| 2 Bed Rent | $1,500 | $1,600 |
| 3 Bed Rent | $2,200 | $2,270 |
| 4 Bed Rent | $2,400 | $2,450 |
% of Rental Stock
Property Listings — Circle Pines, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Circle Pines, MN is 27. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $352,000 | -4.0% |
Listing Count | 49 | -14.0% |
| Listings as % of Homes | 0.4% | -14.0% |
Days on Market | 27 | -7.0% |
Demographics — Circle Pines, MN
As of the latest ACS Survey released in 2023, Circle Pines, MN has a population of 29,000, which has increased by 3.3% over the past 5 years. Circle Pines, MN is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 36.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,000 | 3.3% |
% Under 18 | 21.5% | -8.9% |
% Seniors | 16.8% | 69.7% |
% WFH | 15.8% | 305.1% |
% w/ College Degree | 36.5% | 7.0% |
As of the latest ACS Survey released in 2023, Circle Pines, MN is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Circle Pines, MN is black, making up 4.1% of the population. Foreign-born residents account for 5.9% of the population in Circle Pines, MN, and this percentage has increased by 37.2% 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 | 84.7% | -3.3% |
% Black | 4.1% | 41.4% |
% Hispanic | 3.3% | 65.0% |
% Asian | 4.0% | 25.0% |
% Foreign Born | 5.9% | 37.2% |
Mortgage and Risk — Circle Pines, MN
According to HUD data as of 2023, there were 137 mortgage originations in Circle Pines, MN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Circle Pines, MN. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Circle Pines, MN
As of 2024, the percent of homes in Circle Pines, MN under the Section 8 program is 8.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Circle Pines, MN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 148 |
Total Units Section 8 | 148 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,240 | $1,500 |
| 2 Bedroom | $330 | $1,500 | $1,830 |
| 3 Bedroom | $240 | $2,200 | $2,440 |
| 4 Bedroom | $330 | $2,400 | $2,730 |
Affordability — Circle Pines, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $371,000 |
| Median Household Income | $99,000 |