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Randolph, MN—55065

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$468,000
4.7% YoY Growth
Household Income
$116,000
39.1% YoY Growth
Days on Market
93
202.0% Longer YoY
Home Price Forecast
-1.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Randolph, MN

As of May '26, the median home price in Randolph, MN is $468,000, with a year-over-year change of 4.7%. This indicates that home prices in Randolph, MN are increasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$468,0004.7%
Single Family $468,0004.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$454,0006.1%
    4 Bed
    		$514,0006.0%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    0.9%
    2 Bedrooms
    10.4%
    3 Bedrooms
    55.5%
    4 Bedrooms
    25.3%
    5+ Bedrooms
    7.2%

    Rental Trends — Randolph, MN

    Randolph, MN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    18.4%
    3 Bedrooms
    63.3%
    4 Bedrooms
    18.4%

    Property Listings — Randolph, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Randolph, MN is 93. This is a increase of 202.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$475,000-11.0%
    Listing Count
    		4-8.0%
    Listings as % of Homes0.0%-8.0%
    Days on Market
    		93202.0%
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    Demographics — Randolph, MN

    As of the latest ACS Survey released in 2023, Randolph, MN has a population of 1,320, which has increased by 11.5% over the past 5 years. Randolph, MN is a popular place for families, as children make up 28.5% of the population. The area has a moderately educated workforce, with 34.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,32011.5%
    % Under 18
    		28.5%14.9%
    % Seniors
    		13.0%-4.4%
    % WFH
    		22.1%215.7%
    % w/ College Degree
    		34.3%107.9%
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    As of the latest ACS Survey released in 2023, Randolph, MN is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Randolph, MN is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.6% of the population in Randolph, MN, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.5%-1.9%
    % Black
    		0.2%∞%
    % Hispanic
    		1.2%200.0%
    % Asian
    		0.4%∞%
    % Foreign Born
    		0.6%200.0%
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    Mortgage and Risk — Randolph, MN

    Randolph, MN lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Randolph, MN

    Randolph, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,540
    2 BedroomN/AN/A$1,880
    3 BedroomN/AN/A$2,500
    4 BedroomN/AN/A$2,800

    Affordability — Randolph, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$468,000
    Median Household Income$116,000

    Randolph, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    New Trier, MN

    55031

    Dennison, MN

    55018

    Vermillion

    55085

    Farmington, MN

    55024

    Cannon Falls, MN

    55009

    Frequently Asked Questions