Webber-Camden, Minneapolis, MN55412

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$228,000
2.6% YoY Growth
Median Household Income
$71,900
60.2% 5-Year Growth
Days on Market
38
4.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$1,600
8.5% YoY Growth
1-Bed Rent
$975
14.7% YoY Growth
2-Bed Rent
$1,400
2.1% YoY Growth
3-Bed Rent
$1,800
1.6% YoY Growth

Property Listings — Webber-Camden, Minneapolis, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Webber-Camden, Minneapolis, MN is 38. This is a increase of 4.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$237,000-2.0%
Listing Count
82-2.0%
Listings as % of Homes0.7%-2.0%
Days on Market
384.0%
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Demographics — Webber-Camden, Minneapolis, MN

As of the latest ACS Survey released in 2023, Webber-Camden, Minneapolis, MN has a population of 26,200, which has increased by 12.9% over the past 5 years. Webber-Camden, Minneapolis, MN is a popular place for families, as children make up 28.6% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
26,20012.9%
% Under 18
28.6%7.5%
% Seniors
8.4%-3.4%
% WFH
14.3%286.5%
% w/ College Degree
28.1%21.6%
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As of the latest ACS Survey released in 2023, Webber-Camden, Minneapolis, MN is a predominantly white area, with 36.0% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Webber-Camden, Minneapolis, MN is black, making up 33.4% of the population. Foreign-born residents account for 12.3% of the population in Webber-Camden, Minneapolis, MN, and this percentage has increased by 35.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
36.0%-9.3%
% Black
33.4%-11.2%
% Hispanic
14.1%93.2%
% Asian
7.9%-21.0%
% Foreign Born
12.3%35.2%
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Mortgage and Risk — Webber-Camden, Minneapolis, MN

According to HUD data as of 2023, there were 571 mortgage originations in Webber-Camden, Minneapolis, MN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Webber-Camden, Minneapolis, MN. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
571
% Conventional Loans
79.0%
% Government Loans
21.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Webber-Camden, Minneapolis, MN

As of 2024, the percent of homes in Webber-Camden, Minneapolis, MN under the Section 8 program is 18.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Webber-Camden, Minneapolis, 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
716
Total Units Section 8
464
% Rentals under Section 8
18.9%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$495$975$1,470
2 Bedroom$390$1,400$1,790
3 Bedroom$580$1,800$2,380
4 Bedroom$370$2,300$2,670

Affordability — Webber-Camden, Minneapolis, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$228,000
Median Household Income$71,900

Webber-Camden, Minneapolis, MN — ZIP Code Boundary Map

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Frequently Asked Questions