Woodland, MN—55391
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodland, MN
As of Oct '25, the median home price in Woodland, MN is $976,000, with a year-over-year change of 3.2%. This indicates that home prices in Woodland, MN are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $976,000 | 3.2% |
| Single Family | $995,000 | 3.0% |
| Condos | $555,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $866,000 | 6.3% |
2 Bed | $651,000 | 4.5% |
3 Bed | $779,000 | 2.8% |
4 Bed | $1,062,000 | 2.7% |
| 5 Bed | $1,714,000 | 3.4% |
% of Housing Stock
Rental Trends — Woodland, MN
As of July '25, Rentcast reports the average rent in Woodland, MN is $3,750, with a year-over-year rent change of -24.1%. Per bedroom, the median rent as of July '25 in Woodland, MN is studios: $1,180, 1-bedrooms: $1,970, 2-bedrooms: $4,730, 3-bedrooms: $3,260, 4-bedrooms: $4,800. The most common rental property sizes in Woodland, MN are 2-bedroom and 1-bedroom, accounting for 46.0% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,750 |
| Studio Rent | $1,180 | $1,180 |
| 1 Bed Rent | $1,400 | $1,970 |
| 2 Bed Rent | $3,600 | $4,730 |
| 3 Bed Rent | $3,550 | $3,260 |
| 4 Bed Rent | $4,000 | $4,800 |
% of Rental Stock
Property Listings — Woodland, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodland, MN is 61. This is a decrease of -3.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,990,000 | 12.0% |
Listing Count | 136 | 7.0% |
| Listings as % of Homes | 0.7% | 7.0% |
Days on Market | 61 | -3.0% |
Demographics — Woodland, MN
As of the latest ACS Survey released in 2023, Woodland, MN has a population of 15,500, which has decreased by -5.2% over the past 5 years. Woodland, MN is a moderately popular place for families, as children make up 20.7% of the population. The area has a highly educated workforce, with 71.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | -5.2% |
% Under 18 | 20.7% | -7.6% |
% Seniors | 26.5% | 21.0% |
% WFH | 30.9% | 291.1% |
% w/ College Degree | 71.9% | 12.0% |
As of the latest ACS Survey released in 2023, Woodland, MN is a predominantly white area, with 89.1% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Woodland, MN is asian, making up 4.4% of the population. Foreign-born residents account for 7.7% of the population in Woodland, MN, and this percentage has increased by 79.1% 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 | 89.1% | -6.0% |
% Black | 0.4% | -75.0% |
% Hispanic | 3.0% | 275.0% |
% Asian | 4.4% | 131.6% |
% Foreign Born | 7.7% | 79.1% |
Mortgage and Risk — Woodland, MN
According to HUD data as of 2023, there were 281 mortgage originations in Woodland, MN, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Woodland, MN. Investor activity is low, as 2.0% 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 | 281 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Woodland, MN
As of 2024, the percent of homes in Woodland, MN under the Section 8 program is 7.3%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Woodland, MN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 91 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 96.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,400 | $1,660 |
| 2 Bedroom | -$1,570 | $3,600 | $2,030 |
| 3 Bedroom | -$850 | $3,550 | $2,700 |
| 4 Bedroom | -$970 | $4,000 | $3,030 |
Affordability — Woodland, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $976,000 |
| Median Household Income | $170,000 |