Taylors Falls, MN55084

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$336,000
0.9% YoY Growth
Median Household Income
$90,500
42.5% 5-Year Growth
Days on Market
83
74.0% Longer than last year
Home Price Forecast
-0.5%
Median Rent
$1,800
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Taylors Falls, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Taylors Falls, MN is 83. This is a increase of 74.0% 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
$340,000-2.0%
Listing Count
7-29.0%
Listings as % of Homes0.7%-29.0%
Days on Market
8374.0%
Loading chart...

Demographics — Taylors Falls, MN

As of the latest ACS Survey released in 2023, Taylors Falls, MN has a population of 1,940, which has increased by 17.5% over the past 5 years. Taylors Falls, MN is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,94017.5%
% Under 18
22.8%6.0%
% Seniors
17.0%-3.4%
% WFH
13.5%46.7%
% w/ College Degree
23.2%-1.7%
Loading chart...

As of the latest ACS Survey released in 2023, Taylors Falls, MN is a predominantly white area, with 94.4% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Taylors Falls, MN is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.7% of the population in Taylors Falls, MN, and this percentage has decreased by 36.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.4%-0.9%
% Black
0.5%∞%
% Hispanic
2.3%109.1%
% Asian
0.0%-100.0%
% Foreign Born
0.7%-36.4%
Loading chart...

Mortgage and Risk — Taylors Falls, MN

According to HUD data as of 2023, there were 84 mortgage originations in Taylors Falls, MN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Taylors Falls, MN. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
84
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Taylors Falls, MN

Taylors Falls, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
1.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,200
2 BedroomN/AN/A$1,460
3 BedroomN/AN/A$1,970
4 Bedroom$440$1,800$2,240

Affordability — Taylors Falls, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$336,000
Median Household Income$90,500

Taylors Falls, MN — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions