Woodbury, MN55129

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$534,000
0.2% YoY Growth
Median Household Income
$152,000
17.5% 5-Year Growth
Days on Market
36
2.0% Shorter than last year
Home Price Forecast
-0.2%
Median Rent
$2,900
10.1% YoY Growth
1-Bed Rent
$1,670
N/A
2-Bed Rent
$2,280
3.1% YoY Growth
3-Bed Rent
$2,650
4.2% YoY Growth

Other Zip Codes in Woodbury, MN

Property Listings — Woodbury, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Woodbury, MN is 36. This is a decrease of -2.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$583,0000.0%
Listing Count
192-6.0%
Listings as % of Homes1.1%-6.0%
Days on Market
36-2.0%
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Demographics — Woodbury, MN

As of the latest ACS Survey released in 2023, Woodbury, MN has a population of 32,000, which has increased by 26.8% over the past 5 years. Woodbury, MN is a popular place for families, as children make up 30.0% of the population. The area has a highly educated workforce, with 70.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
32,00026.8%
% Under 18
30.0%-6.5%
% Seniors
10.3%13.2%
% WFH
30.7%309.3%
% w/ College Degree
70.0%13.5%
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As of the latest ACS Survey released in 2023, Woodbury, MN is a predominantly white area, with 66.4% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Woodbury, MN is asian, making up 16.9% of the population. Foreign-born residents account for 15.7% of the population in Woodbury, MN, and this percentage has increased by 22.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
66.4%-7.6%
% Black
8.3%22.1%
% Hispanic
3.0%-53.1%
% Asian
16.9%50.9%
% Foreign Born
15.7%22.7%
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Mortgage and Risk — Woodbury, MN

According to HUD data as of 2023, there were 622 mortgage originations in Woodbury, MN, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Woodbury, MN. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
622
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Woodbury, MN

As of 2024, the percent of homes in Woodbury, MN under the Section 8 program is 2.7%. 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 Woodbury, 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
63
Total Units Section 8
59
% Rentals under Section 8
2.7%
% Occupied Section 8
76.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$280$1,670$1,950
2 Bedroom$100$2,280$2,380
3 Bedroom$520$2,650$3,170
4 Bedroom$190$3,360$3,550

Affordability — Woodbury, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$534,000
Median Household Income$152,000

Woodbury, MN — ZIP Code Boundary Map

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Frequently Asked Questions