Rush City, MN—55069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rush City, MN
As of Oct '25, the median home price in Rush City, MN is $307,000, with a year-over-year change of 1.4%. This indicates that home prices in Rush City, MN are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 1.4% |
| Single Family | $307,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $292,000 | 2.8% |
3 Bed | $335,000 | 2.1% |
4 Bed | $372,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rush City, MN
Rush City, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $4,390 |
| Studio Rent | $775 | $775 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | $8,900 | $8,900 |
% of Rental Stock
Property Listings — Rush City, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Rush City, MN is 64. This is a increase of 24.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $321,000 | -1.0% |
Listing Count | 17 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 64 | 24.0% |
Demographics — Rush City, MN
As of the latest ACS Survey released in 2023, Rush City, MN has a population of 5,940, which has increased by 12.4% over the past 5 years. Rush City, MN is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,940 | 12.4% |
% Under 18 | 18.9% | 1.6% |
% Seniors | 13.4% | -10.7% |
% WFH | 10.2% | 121.7% |
% w/ College Degree | 13.0% | 6.6% |
As of the latest ACS Survey released in 2023, Rush City, MN is a predominantly white area, with 86.2% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Rush City, MN is black, making up 7.6% of the population. Foreign-born residents account for 2.3% of the population in Rush City, MN, and this percentage has decreased by 8.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.2% | 2.4% |
% Black | 7.6% | -13.6% |
% Hispanic | 0.9% | -55.0% |
% Asian | 1.5% | 7.1% |
% Foreign Born | 2.3% | -8.0% |
Mortgage and Risk — Rush City, MN
According to HUD data as of 2023, there were 56 mortgage originations in Rush City, MN, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Rush City, MN. Investor activity is low, as 4.0% 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 | 56 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Rush City, MN
Rush City, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | -$1,530 | $3,500 | $1,970 |
| 4 Bedroom | -$6,660 | $8,900 | $2,240 |
Affordability — Rush City, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $307,000 |
| Median Household Income | $75,100 |