Rogers, MN—55374
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rogers, MN
As of Oct '25, the median home price in Rogers, MN is $470,000, with a year-over-year change of 1.5%. This indicates that home prices in Rogers, 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 | $470,000 | 1.5% |
| Single Family | $471,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $421,000 | 2.2% |
3 Bed | $416,000 | 2.5% |
4 Bed | $504,000 | 0.4% |
| 5 Bed | $527,000 | 0.4% |
% of Housing Stock
Rental Trends — Rogers, MN
As of July '25, Rentcast reports the average rent in Rogers, MN is $2,600, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Rogers, MN is studios: $1,430, 1-bedrooms: $1,660, 2-bedrooms: $2,200, 3-bedrooms: $2,550, 4-bedrooms: $3,140. The most common rental property sizes in Rogers, MN are 2-bedroom and 1-bedroom, accounting for 36.4% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,590 | $2,600 |
| Studio Rent | $1,420 | $1,430 |
| 1 Bed Rent | $1,660 | $1,660 |
| 2 Bed Rent | $2,100 | $2,200 |
| 3 Bed Rent | $2,550 | $2,550 |
| 4 Bed Rent | $3,200 | $3,140 |
% of Rental Stock
Property Listings — Rogers, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Rogers, MN is 31. This is a increase of 18.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $498,000 | 1.0% |
Listing Count | 156 | 19.0% |
| Listings as % of Homes | 1.1% | 19.0% |
Days on Market | 31 | 18.0% |
Demographics — Rogers, MN
As of the latest ACS Survey released in 2023, Rogers, MN has a population of 15,800, which has increased by 4.9% over the past 5 years. Rogers, MN is a popular place for families, as children make up 32.8% of the population. The area has a highly educated workforce, with 53.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,800 | 4.9% |
% Under 18 | 32.8% | 11.9% |
% Seniors | 10.6% | -9.4% |
% WFH | 23.2% | 193.7% |
% w/ College Degree | 53.4% | 25.1% |
As of the latest ACS Survey released in 2023, Rogers, MN is a predominantly white area, with 85.6% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Rogers, MN is black, making up 4.6% of the population. Foreign-born residents account for 4.1% of the population in Rogers, MN, and this percentage has decreased by 39.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.6% | -7.0% |
% Black | 4.6% | 4,500.0% |
% Hispanic | 2.7% | 237.5% |
% Asian | 2.5% | -60.3% |
% Foreign Born | 4.1% | -39.7% |
Mortgage and Risk — Rogers, MN
According to HUD data as of 2023, there were 518 mortgage originations in Rogers, MN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Rogers, MN. Investor activity is low, as 3.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 518 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Rogers, MN
As of 2024, the percent of homes in Rogers, MN under the Section 8 program is 4.6%. 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 Rogers, MN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 30 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,660 | $1,490 |
| 2 Bedroom | -$280 | $2,100 | $1,820 |
| 3 Bedroom | -$130 | $2,550 | $2,420 |
| 4 Bedroom | -$490 | $3,200 | $2,710 |
Affordability — Rogers, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $470,000 |
| Median Household Income | $152,000 |