Blaine, MN 55449 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Blaine, MN—55449

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$462,000

0.7% YoY Growth

Household Income

$129,000

21.7% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

-1.4%

Median Rent

$2,700

6.3% YoY Growth

1-Bed Rent

$1,450

N/A

2-Bed Rent

$2,200

1.6% YoY Growth

3-Bed Rent

$2,580

6.9% YoY Growth

Other Zip Codes in Blaine, MN

55434

Home Price Trends — Blaine, MN

As of May '26, the median home price in Blaine, MN is $462,000, with a year-over-year change of 0.7%. This indicates that home prices in Blaine, MN are flat. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$462,000	0.7%
Single Family	$470,000	0.9%
Condos	$315,000	3.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Blaine, MN

As of July '25, Rentcast reports the average rent in Blaine, MN is $2,840, with a year-over-year rent change of -6.3%. Per bedroom, the median rent as of July '25 in Blaine, MN is 1-bedrooms: $1,570, 2-bedrooms: $2,500, 3-bedrooms: $2,680, 4-bedrooms: $3,130. The most common rental property sizes in Blaine, MN are 2-bedroom and 3-bedroom, accounting for 43.2% and 33.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,700	$2,840
Studio Rent	N/A	N/A
1 Bed Rent	$1,450	$1,570
2 Bed Rent	$2,200	$2,500
3 Bed Rent	$2,580	$2,680
4 Bed Rent	$3,000	$3,130

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% of Rental Stock

Studio

0.8%

1 Bedroom

10.7%

2 Bedrooms

43.2%

3 Bedrooms

33.3%

4 Bedrooms

9.6%

5+ Bedrooms

2.4%

Property Listings — Blaine, MN

As of May '26, Realtor.com reports that the median days on market for a home in Blaine, MN is 36. This is a decrease of -8.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$527,000	-11.0%
Listing Count	164	-9.0%
Listings as % of Homes	1.1%	-9.0%
Days on Market	36	-8.0%

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Demographics — Blaine, MN

As of the latest ACS Survey released in 2023, Blaine, MN has a population of 33,400, which has increased by 19.4% over the past 5 years. Blaine, MN is a popular place for families, as children make up 28.7% of the population. The area has a highly educated workforce, with 46.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	33,400	19.4%
% Under 18	28.7%	2.9%
% Seniors	11.5%	11.7%
% WFH	28.2%	314.7%
% w/ College Degree	46.7%	-1.5%

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As of the latest ACS Survey released in 2023, Blaine, MN is a predominantly white area, with 72.7% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Blaine, MN is asian, making up 9.9% of the population. Foreign-born residents account for 14.4% of the population in Blaine, MN, and this percentage has increased by 4.3% 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	72.7%	-8.7%
% Black	8.8%	144.4%
% Hispanic	4.1%	-28.1%
% Asian	9.9%	16.5%
% Foreign Born	14.4%	4.3%

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Mortgage and Risk — Blaine, MN

According to HUD data as of 2023, there were 754 mortgage originations in Blaine, MN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Blaine, 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	754
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — Blaine, MN

As of 2024, the percent of homes in Blaine, MN under the Section 8 program is 16.8%. 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 Blaine, 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	246
Total Units Section 8	246
% Rentals under Section 8	16.8%
% Occupied Section 8	95.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$360	$1,450	$1,810
2 Bedroom	$10	$2,200	$2,210
3 Bedroom	$360	$2,580	$2,940
4 Bedroom	$300	$3,000	$3,300

Blaine, MN—55449

Key Metrics at a Glance

Other Zip Codes in Blaine, MN

Home Price Trends — Blaine, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Blaine, MN

% of Rental Stock

Property Listings — Blaine, MN

Demographics — Blaine, MN

Race and Ethnicity

Mortgage and Risk — Blaine, MN

Mortgages

Rentals and Section 8 — Blaine, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Blaine, MN

Home Price to Income Ratio

Blaine, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Blaine, MN

Circle Pines, MN

Fridley, MN

Arden Hills, New Brighton, MN

Shoreview, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$462,000
Median Household Income	$129,000

Blaine, MN—55449

Key Metrics at a Glance

Other Zip Codes in Blaine, MN

Home Price Trends — Blaine, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Blaine, MN

% of Rental Stock

Property Listings — Blaine, MN

Demographics — Blaine, MN

Race and Ethnicity

Mortgage and Risk — Blaine, MN

Mortgages

Rentals and Section 8 — Blaine, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Blaine, MN

Home Price to Income Ratio

Blaine, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Blaine, MN

Circle Pines, MN

Fridley, MN

Arden Hills, New Brighton, MN

Shoreview, MN

Frequently Asked Questions

What is the average home price in Blaine, MN 55449?

How have home prices in Blaine, MN 55449 changed over the past year?

What is the home price projection for Blaine, MN 55449?

What are the demographics of Blaine, MN 55449?

How long does it take homes to sell in Blaine, MN 55449?

What is the average rent price in Blaine, MN 55449?