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Maple Grove, MN—55311

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$501,000
1.5% YoY Growth
Household Income
$148,000
18.3% YoY Growth
Days on Market
24
20.0% Shorter YoY
Home Price Forecast
-1.7%
Median Rent
$2,600
9.3% YoY Growth
1-Bed Rent
$1,630
0.6% YoY Growth
2-Bed Rent
$2,000
11.7% YoY Growth
3-Bed Rent
$2,400
1.6% YoY Growth

Other Zip Codes in Maple Grove, MN

55369
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Maple Grove, MN

As of May '26, the median home price in Maple Grove, MN is $501,000, with a year-over-year change of 1.5%. This indicates that home prices in Maple Grove, MN are increasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$501,0001.5%
Single Family $525,0001.5%
Condos $265,0000.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$289,000-0.7%
    3 Bed
    		$404,0001.5%
    4 Bed
    		$590,0001.5%
    5 Bed $733,1541.5%
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    2.4%
    2 Bedrooms
    21.2%
    3 Bedrooms
    30.4%
    4 Bedrooms
    25.8%
    5+ Bedrooms
    20.1%

    Rental Trends — Maple Grove, MN

    As of July '25, Rentcast reports the average rent in Maple Grove, MN is $2,820, with a year-over-year rent change of 9.3%. Per bedroom, the median rent as of July '25 in Maple Grove, MN is studios: $1,420, 1-bedrooms: $1,720, 2-bedrooms: $2,190, 3-bedrooms: $2,580, 4-bedrooms: $3,110. The most common rental property sizes in Maple Grove, MN are 2-bedroom and 3-bedroom, accounting for 52.9% and 32.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,600$2,820
    Studio Rent $1,420$1,420
    1 Bed Rent $1,630$1,720
    2 Bed Rent $2,000$2,190
    3 Bed Rent $2,400$2,580
    4 Bed Rent $2,900$3,110
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    % of Rental Stock

    Studio
    0.8%
    1 Bedroom
    10.4%
    2 Bedrooms
    52.9%
    3 Bedrooms
    32.1%
    4 Bedrooms
    3.9%

    Property Listings — Maple Grove, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Maple Grove, MN is 24. This is a decrease of -20.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$575,000-10.0%
    Listing Count
    		182-9.0%
    Listings as % of Homes0.7%-9.0%
    Days on Market
    		24-20.0%
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    Demographics — Maple Grove, MN

    As of the latest ACS Survey released in 2023, Maple Grove, MN has a population of 37,900, which has remained stable by 0.5% over the past 5 years. Maple Grove, MN is a popular place for families, as children make up 27.2% of the population. The area has a highly educated workforce, with 58.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		37,9000.5%
    % Under 18
    		27.2%-4.2%
    % Seniors
    		12.8%19.6%
    % WFH
    		25.5%180.2%
    % w/ College Degree
    		58.5%-2.0%
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    As of the latest ACS Survey released in 2023, Maple Grove, MN is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Maple Grove, MN is asian, making up 7.6% of the population. Foreign-born residents account for 12.3% of the population in Maple Grove, MN, and this percentage has increased by 17.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		80.3%-2.7%
    % Black
    		7.4%54.2%
    % Hispanic
    		1.5%15.4%
    % Asian
    		7.6%-13.6%
    % Foreign Born
    		12.3%17.1%
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    Mortgage and Risk — Maple Grove, MN

    According to HUD data as of 2023, there were 461 mortgage originations in Maple Grove, MN, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Maple Grove, MN. Investor activity is low, as 1.0% 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
    		461
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Maple Grove, MN

    As of 2024, the percent of homes in Maple Grove, MN under the Section 8 program is 8.2%. 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 Maple Grove, 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
    		178
    Total Units Section 8
    		178
    % Rentals under Section 8
    		8.2%
    % Occupied Section 8
    		95.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$220$1,630$1,850
    2 Bedroom$260$2,000$2,260
    3 Bedroom$610$2,400$3,010
    4 Bedroom$470$2,900$3,370

    Affordability — Maple Grove, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$501,000
    Median Household Income$148,000

    Maple Grove, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Maple Grove, MN

    55369

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    Frequently Asked Questions