Maple Lake, MN55358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$369,000
5.0% YoY Growth
Median Household Income
$94,900
31.5% 5-Year Growth
Days on Market
45
16.0% Shorter than last year
Home Price Forecast
-0.1%
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 — Maple Lake, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Maple Lake, MN is 45. This is a decrease of -16.0% 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 48.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$365,00033.0%
Listing Count
253.0%
Listings as % of Homes0.6%3.0%
Days on Market
45-16.0%
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Demographics — Maple Lake, MN

As of the latest ACS Survey released in 2023, Maple Lake, MN has a population of 5,270, which has increased by 2.9% over the past 5 years. Maple Lake, MN is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 25.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,2702.9%
% Under 18
25.8%18.9%
% Seniors
15.0%-10.7%
% WFH
10.7%189.2%
% w/ College Degree
25.1%47.6%
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As of the latest ACS Survey released in 2023, Maple Lake, MN is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Maple Lake, MN is hispanic, making up 4.4% of the population. Foreign-born residents account for 0.9% of the population in Maple Lake, MN, and this percentage has decreased by 47.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.0%-3.3%
% Black
0.4%33.3%
% Hispanic
4.4%340.0%
% Asian
0.1%∞%
% Foreign Born
0.9%-47.1%
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Mortgage and Risk — Maple Lake, MN

According to HUD data as of 2023, there were 73 mortgage originations in Maple Lake, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Maple Lake, MN. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
73
% Conventional Loans
78.0%
% Government Loans
22.0%
% Investor Loans
5.0%
% Second Loans
3.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Maple Lake, MN

Maple Lake, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,200
2 BedroomN/AN/A$1,460
3 BedroomN/AN/A$1,970
4 BedroomN/AN/A$2,240

Affordability — Maple Lake, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$369,000
Median Household Income$94,900

Maple Lake, MN — ZIP Code Boundary Map

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Frequently Asked Questions