Glencoe, MN—55336
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glencoe, MN
As of Oct '25, the median home price in Glencoe, MN is $284,000, with a year-over-year change of 4.5%. This indicates that home prices in Glencoe, MN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $284,000 | 4.5% |
| Single Family | $284,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $234,000 | 4.5% |
3 Bed | $267,000 | 3.9% |
4 Bed | $308,000 | 4.8% |
| 5 Bed | $343,000 | 3.6% |
% of Housing Stock
Rental Trends — Glencoe, MN
As of July '25, Rentcast reports the average rent in Glencoe, MN is $932, with a year-over-year rent change of 14.1%. Per bedroom, the median rent as of July '25 in Glencoe, MN is 1-bedrooms: $775, 2-bedrooms: $963. The most common rental property sizes in Glencoe, MN are 1-bedroom and 3-bedroom, accounting for 30.2% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $905 | $932 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $775 |
| 2 Bed Rent | $905 | $963 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Glencoe, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Glencoe, MN is 53. This is a decrease of -23.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | -1.0% |
Listing Count | 24 | -3.0% |
| Listings as % of Homes | 0.4% | -3.0% |
Days on Market | 53 | -23.0% |
Demographics — Glencoe, MN
As of the latest ACS Survey released in 2023, Glencoe, MN has a population of 8,270, which has increased by 5.5% over the past 5 years. Glencoe, MN is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,270 | 5.5% |
% Under 18 | 21.9% | -16.7% |
% Seniors | 20.0% | 5.8% |
% WFH | 6.2% | 44.2% |
% w/ College Degree | 12.0% | -17.8% |
As of the latest ACS Survey released in 2023, Glencoe, MN is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Glencoe, MN is hispanic, making up 14.1% of the population. Foreign-born residents account for 7.7% of the population in Glencoe, MN, and this percentage has increased by 32.8% 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 | 83.2% | -0.2% |
% Black | 0.2% | -60.0% |
% Hispanic | 14.1% | 6.0% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 7.7% | 32.8% |
Mortgage and Risk — Glencoe, MN
According to HUD data as of 2023, there were 99 mortgage originations in Glencoe, MN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Glencoe, MN. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Glencoe, MN
Glencoe, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 100 |
Total Units Section 8 | 100 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $775 | $790 |
| 2 Bedroom | $65 | $905 | $970 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,620 |
Affordability — Glencoe, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $284,000 |
| Median Household Income | $73,300 |