Gaylord, MN55334

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$242,000
7.3% YoY Growth
Median Household Income
$70,200
31.9% 5-Year Growth
Days on Market
50
34.0% Longer than last year
Home Price Forecast
N/A
Median Rent
N/A
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 — Gaylord, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Gaylord, MN is 50. This is a increase of 34.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$270,000-21.0%
Listing Count
160.0%
Listings as % of Homes1.1%0.0%
Days on Market
5034.0%
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Demographics — Gaylord, MN

As of the latest ACS Survey released in 2023, Gaylord, MN has a population of 2,780, which has increased by 7.8% over the past 5 years. Gaylord, MN is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,7807.8%
% Under 18
23.1%-0.4%
% Seniors
16.8%-16.4%
% WFH
10.8%96.4%
% w/ College Degree
14.1%-17.5%
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As of the latest ACS Survey released in 2023, Gaylord, MN is a predominantly white area, with 75.7% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Gaylord, MN is hispanic, making up 20.1% of the population. Foreign-born residents account for 5.3% of the population in Gaylord, MN, and this percentage has decreased by 37.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
75.7%-7.8%
% Black
0.4%-69.2%
% Hispanic
20.1%42.6%
% Asian
1.5%-21.1%
% Foreign Born
5.3%-37.6%
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Mortgage and Risk — Gaylord, MN

According to HUD data as of 2023, there were 44 mortgage originations in Gaylord, MN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Gaylord, MN. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
44
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
5.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Gaylord, MN

Gaylord, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
36
Total Units Section 8
36
% Rentals under Section 8
10.7%
% Occupied Section 8
85.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$820
2 BedroomN/AN/A$1,000
3 BedroomN/AN/A$1,400
4 BedroomN/AN/A$1,690

Affordability — Gaylord, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$242,000
Median Household Income$70,200

Gaylord, MN — ZIP Code Boundary Map

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Frequently Asked Questions