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South Haven, MN—55382

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$416,000
4.9% YoY Growth
Household Income
$95,700
27.7% YoY Growth
Days on Market
25
44.0% Shorter YoY
Home Price Forecast
0.8%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — South Haven, MN

As of May '26, the median home price in South Haven, MN is $416,000, with a year-over-year change of 4.9%. This indicates that home prices in South Haven, MN are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$416,0004.9%
Single Family $417,0004.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$357,0005.6%
    3 Bed
    		$452,0004.4%
    4 Bed
    		$522,0004.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    4.5%
    2 Bedrooms
    26.7%
    3 Bedrooms
    39.1%
    4 Bedrooms
    23.6%
    5+ Bedrooms
    5.3%

    Rental Trends — South Haven, MN

    South Haven, MN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    5.7%
    1 Bedroom
    4.6%
    2 Bedrooms
    50.6%
    3 Bedrooms
    25.3%
    4 Bedrooms
    11.5%
    5+ Bedrooms
    2.3%

    Property Listings — South Haven, MN

    As of May '26, Realtor.com reports that the median days on market for a home in South Haven, MN is 25. This is a decrease of -44.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$425,00033.0%
    Listing Count
    		13-27.0%
    Listings as % of Homes0.4%-27.0%
    Days on Market
    		25-44.0%
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    Demographics — South Haven, MN

    As of the latest ACS Survey released in 2023, South Haven, MN has a population of 3,640, which has remained stable by -0.2% over the past 5 years. South Haven, MN is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 27.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,640-0.2%
    % Under 18
    		23.2%1.3%
    % Seniors
    		21.4%35.4%
    % WFH
    		12.6%85.3%
    % w/ College Degree
    		27.5%28.5%
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    As of the latest ACS Survey released in 2023, South Haven, MN is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in South Haven, MN is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.9% of the population in South Haven, MN, and this percentage has increased by 350.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		95.4%-4.2%
    % Black
    		0.1%∞%
    % Hispanic
    		1.2%1,100.0%
    % Asian
    		0.8%700.0%
    % Foreign Born
    		0.9%350.0%
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    Mortgage and Risk — South Haven, MN

    According to HUD data as of 2023, there were 69 mortgage originations in South Haven, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in South Haven, 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

    MetricZip Code Average
    Total Loan Originations
    		69
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — South Haven, MN

    South Haven, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % 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 — South Haven, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.8
    Median Home Price$416,000
    Median Household Income$95,700

    South Haven, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Annandale, MN

    55302

    Kimball, MN

    55353

    Clearwater, MN

    55320

    Saint Cloud, MN

    56301

    Rockville

    56369

    Frequently Asked Questions