Maple Grove, MN—55369
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Maple Grove, MN
Home Price Trends — Maple Grove, MN
As of Oct '25, the median home price in Maple Grove, MN is $384,000, with a year-over-year change of 2.5%. This indicates that home prices in Maple Grove, MN are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $384,000 | 2.5% |
| Single Family | $390,000 | 2.6% |
| Condos | $218,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $242,000 | 3.4% |
2 Bed | $275,000 | 1.5% |
3 Bed | $366,000 | 2.5% |
4 Bed | $440,000 | 2.3% |
| 5 Bed | $530,000 | 1.9% |
% of Housing Stock
Rental Trends — Maple Grove, MN
As of July '25, Rentcast reports the average rent in Maple Grove, MN is $2,270, with a year-over-year rent change of -19.5%. Per bedroom, the median rent as of July '25 in Maple Grove, MN is studios: $1,580, 1-bedrooms: $1,500, 2-bedrooms: $2,320, 3-bedrooms: $2,590, 4-bedrooms: $2,800. The most common rental property sizes in Maple Grove, MN are 2-bedroom and 1-bedroom, accounting for 40.3% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,270 |
| Studio Rent | $1,480 | $1,580 |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $2,100 | $2,320 |
| 3 Bed Rent | $2,600 | $2,590 |
| 4 Bed Rent | $2,650 | $2,800 |
% of Rental Stock
Property Listings — Maple Grove, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Maple Grove, MN is 33. This is a decrease of -4.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $446,000 | 2.0% |
Listing Count | 188 | -8.0% |
| Listings as % of Homes | 0.6% | -8.0% |
Days on Market | 33 | -4.0% |
Demographics — Maple Grove, MN
As of the latest ACS Survey released in 2023, Maple Grove, MN has a population of 38,700, which has increased by 5.2% over the past 5 years. Maple Grove, MN is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 51.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,700 | 5.2% |
% Under 18 | 21.0% | -5.0% |
% Seniors | 16.3% | 9.4% |
% WFH | 23.3% | 247.8% |
% w/ College Degree | 51.3% | 16.1% |
As of the latest ACS Survey released in 2023, Maple Grove, MN is a predominantly white area, with 76.1% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Maple Grove, MN is black, making up 6.3% of the population. Foreign-born residents account for 11.2% of the population in Maple Grove, MN, and this percentage has increased by 25.8% 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 | 76.1% | -8.4% |
% Black | 6.3% | 21.2% |
% Hispanic | 6.0% | 42.9% |
% Asian | 6.1% | 24.5% |
% Foreign Born | 11.2% | 25.8% |
Mortgage and Risk — Maple Grove, MN
According to HUD data as of 2023, there were 547 mortgage originations in Maple Grove, MN, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Maple Grove, MN. Investor activity is low, as 4.0% 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 | 547 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Maple Grove, MN
As of 2024, the percent of homes in Maple Grove, MN under the Section 8 program is 4.4%. 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 | 255 |
Total Units Section 8 | 202 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,500 | $1,760 |
| 2 Bedroom | $50 | $2,100 | $2,150 |
| 3 Bedroom | $260 | $2,600 | $2,860 |
| 4 Bedroom | $560 | $2,650 | $3,210 |
Affordability — Maple Grove, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $384,000 |
| Median Household Income | $113,000 |