Cedar-Isles-Dean, Saint Louis Park, MN—55416
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedar-Isles-Dean, Saint Louis Park, MN
As of Oct '25, the median home price in Cedar-Isles-Dean, Saint Louis Park, MN is $397,000, with a year-over-year change of 1.4%. This indicates that home prices in Cedar-Isles-Dean, Saint Louis Park, MN are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | 1.4% |
| Single Family | $481,000 | 2.8% |
| Condos | $230,000 | 6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $187,000 | -1.1% |
2 Bed | $320,000 | 0.9% |
3 Bed | $457,000 | 2.9% |
4 Bed | $634,000 | 3.4% |
| 5 Bed | $855,000 | 3.1% |
% of Housing Stock
Rental Trends — Cedar-Isles-Dean, Saint Louis Park, MN
As of July '25, Rentcast reports the average rent in Cedar-Isles-Dean, Saint Louis Park, MN is $2,250, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Cedar-Isles-Dean, Saint Louis Park, MN is studios: $1,350, 1-bedrooms: $1,470, 2-bedrooms: $3,270, 3-bedrooms: $2,580, 4-bedrooms: $3,880. The most common rental property sizes in Cedar-Isles-Dean, Saint Louis Park, MN are 1-bedroom and 2-bedroom, accounting for 49.5% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,640 | $2,250 |
| Studio Rent | $1,410 | $1,350 |
| 1 Bed Rent | $1,350 | $1,470 |
| 2 Bed Rent | $2,200 | $3,270 |
| 3 Bed Rent | $2,650 | $2,580 |
| 4 Bed Rent | $3,100 | $3,880 |
% of Rental Stock
Property Listings — Cedar-Isles-Dean, Saint Louis Park, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Cedar-Isles-Dean, Saint Louis Park, MN is 44. This is a decrease of -10.0% 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 | $399,000 | 1.0% |
Listing Count | 140 | -15.0% |
| Listings as % of Homes | 0.4% | -15.0% |
Days on Market | 44 | -10.0% |
Demographics — Cedar-Isles-Dean, Saint Louis Park, MN
As of the latest ACS Survey released in 2023, Cedar-Isles-Dean, Saint Louis Park, MN has a population of 34,900, which has increased by 8.5% over the past 5 years. Cedar-Isles-Dean, Saint Louis Park, MN is a moderately popular place for families, as children make up 16.4% of the population. The area has a highly educated workforce, with 73.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,900 | 8.5% |
% Under 18 | 16.4% | 0.6% |
% Seniors | 16.1% | 6.6% |
% WFH | 30.8% | 440.4% |
% w/ College Degree | 73.2% | 6.7% |
As of the latest ACS Survey released in 2023, Cedar-Isles-Dean, Saint Louis Park, MN is a predominantly white area, with 78.8% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Cedar-Isles-Dean, Saint Louis Park, MN is hispanic, making up 7.6% of the population. Foreign-born residents account for 8.1% of the population in Cedar-Isles-Dean, Saint Louis Park, MN, and this percentage has decreased by 16.5% 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 | 78.8% | -6.6% |
% Black | 5.0% | -3.8% |
% Hispanic | 7.6% | 105.4% |
% Asian | 3.6% | 2.9% |
% Foreign Born | 8.1% | -16.5% |
Mortgage and Risk — Cedar-Isles-Dean, Saint Louis Park, MN
According to HUD data as of 2023, there were 591 mortgage originations in Cedar-Isles-Dean, Saint Louis Park, MN, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Cedar-Isles-Dean, Saint Louis Park, MN. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 591 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Cedar-Isles-Dean, Saint Louis Park, MN
As of 2024, the percent of homes in Cedar-Isles-Dean, Saint Louis Park, MN under the Section 8 program is 3.3%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Cedar-Isles-Dean, Saint Louis Park, MN, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 321 |
Total Units Section 8 | 308 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,350 | $1,700 |
| 2 Bedroom | -$130 | $2,200 | $2,070 |
| 3 Bedroom | $110 | $2,650 | $2,760 |
| 4 Bedroom | -$10 | $3,100 | $3,090 |
Affordability — Cedar-Isles-Dean, Saint Louis Park, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $397,000 |
| Median Household Income | $106,000 |