Champlin, MN 55316 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Champlin, MN—55316

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$379,000

3.1% YoY Growth

Household Income

$116,000

32.0% YoY Growth

Days on Market

30.0% Shorter YoY

Home Price Forecast

-1.5%

Median Rent

$2,200

14.4% YoY Growth

1-Bed Rent

$1,370

N/A

2-Bed Rent

$1,460

30.7% YoY Growth

3-Bed Rent

$2,250

7.3% YoY Growth

Home Price Trends — Champlin, MN

As of May '26, the median home price in Champlin, MN is $379,000, with a year-over-year change of 3.1%. This indicates that home prices in Champlin, MN are increasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$379,000	3.1%
Single Family	$382,000	2.7%
Condos	$272,000	4.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Champlin, MN

As of July '25, Rentcast reports the average rent in Champlin, MN is $2,070, with a year-over-year rent change of 14.4%. Per bedroom, the median rent as of July '25 in Champlin, MN is studios: $1,480, 1-bedrooms: $1,370, 2-bedrooms: $1,830, 3-bedrooms: $2,340, 4-bedrooms: $2,590. The most common rental property sizes in Champlin, MN are 2-bedroom and 3-bedroom, accounting for 36.8% and 26.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,070
Studio Rent	$1,480	$1,480
1 Bed Rent	$1,370	$1,370
2 Bed Rent	$1,460	$1,830
3 Bed Rent	$2,250	$2,340
4 Bed Rent	$2,620	$2,590

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% of Rental Stock

Studio

1.4%

1 Bedroom

24.4%

2 Bedrooms

36.8%

3 Bedrooms

26.1%

4 Bedrooms

9.5%

5+ Bedrooms

1.8%

Property Listings — Champlin, MN

As of May '26, Realtor.com reports that the median days on market for a home in Champlin, MN is 18. This is a decrease of -30.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$397,000	0.0%
Listing Count	68	-7.0%
Listings as % of Homes	0.4%	-7.0%
Days on Market	18	-30.0%

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Demographics — Champlin, MN

As of the latest ACS Survey released in 2023, Champlin, MN has a population of 23,400, which has decreased by -4.2% over the past 5 years. Champlin, MN is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,400	-4.2%
% Under 18	23.4%	-11.4%
% Seniors	14.9%	50.5%
% WFH	15.6%	205.9%
% w/ College Degree	36.6%	-6.4%

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As of the latest ACS Survey released in 2023, Champlin, MN is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Champlin, MN is black, making up 10.7% of the population. Foreign-born residents account for 11.0% of the population in Champlin, MN, and this percentage has increased by 37.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	77.9%	-6.9%
% Black	10.7%	25.9%
% Hispanic	2.3%	-11.5%
% Asian	4.5%	66.7%
% Foreign Born	11.0%	37.5%

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Mortgage and Risk — Champlin, MN

According to HUD data as of 2023, there were 498 mortgage originations in Champlin, MN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Champlin, MN. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	498
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Champlin, MN

As of 2024, the percent of homes in Champlin, MN under the Section 8 program is 10.1%. 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 Champlin, 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	120
Total Units Section 8	98
% Rentals under Section 8	10.1%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$1,370	$1,540
2 Bedroom	$420	$1,460	$1,880
3 Bedroom	$250	$2,250	$2,500
4 Bedroom	$180	$2,620	$2,800

Champlin, MN—55316

Key Metrics at a Glance

Home Price Trends — Champlin, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Champlin, MN

% of Rental Stock

Property Listings — Champlin, MN

Demographics — Champlin, MN

Race and Ethnicity

Mortgage and Risk — Champlin, MN

Mortgages

Rentals and Section 8 — Champlin, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Champlin, MN

Home Price to Income Ratio

Champlin, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Brooklyn Park, MN

Maple Grove, MN

Brooklyn Park, MN

Coon Rapids, MN

Dayton, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$379,000
Median Household Income	$116,000

Champlin, MN—55316

Key Metrics at a Glance

Home Price Trends — Champlin, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Champlin, MN

% of Rental Stock

Property Listings — Champlin, MN

Demographics — Champlin, MN

Race and Ethnicity

Mortgage and Risk — Champlin, MN

Mortgages

Rentals and Section 8 — Champlin, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Champlin, MN

Home Price to Income Ratio

Champlin, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Brooklyn Park, MN

Maple Grove, MN

Brooklyn Park, MN

Coon Rapids, MN

Dayton, MN

Frequently Asked Questions

What is the average home price in Champlin, MN 55316?

How have home prices in Champlin, MN 55316 changed over the past year?

What is the home price projection for Champlin, MN 55316?

What are the demographics of Champlin, MN 55316?

How long does it take homes to sell in Champlin, MN 55316?

What is the average rent price in Champlin, MN 55316?