Chisholm, MN—55719
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chisholm, MN
As of Oct '25, the median home price in Chisholm, MN is $128,000, with a year-over-year change of 2.3%. This indicates that home prices in Chisholm, MN are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $128,000 | 2.3% |
| Single Family | $128,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $80,000 | -2.4% |
2 Bed | $107,000 | 1.9% |
3 Bed | $145,000 | 4.3% |
4 Bed | $149,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chisholm, MN
As of July '25, Rentcast reports the average rent in Chisholm, MN is $1,150, with a year-over-year rent change of 32.9%. Per bedroom, the median rent as of July '25 in Chisholm, MN is 1-bedrooms: $1,150. The most common rental property sizes in Chisholm, MN are 2-bedroom and 1-bedroom, accounting for 58.4% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,150 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chisholm, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Chisholm, MN is 34. This is a decrease of -34.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | 45.0% |
Listing Count | 29 | 8.0% |
| Listings as % of Homes | 0.7% | 8.0% |
Days on Market | 34 | -34.0% |
Demographics — Chisholm, MN
As of the latest ACS Survey released in 2023, Chisholm, MN has a population of 5,640, which has decreased by -4.7% over the past 5 years. Chisholm, MN is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,640 | -4.7% |
% Under 18 | 20.9% | -18.0% |
% Seniors | 29.5% | 61.2% |
% WFH | 4.2% | 75.0% |
% w/ College Degree | 15.9% | -10.7% |
As of the latest ACS Survey released in 2023, Chisholm, MN is a predominantly white area, with 97.1% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Chisholm, MN is hispanic, making up 0.5% of the population. Foreign-born residents account for 0.3% of the population in Chisholm, MN, and this percentage has decreased by 62.5% 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 | 97.1% | 1.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.5% | -16.7% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.3% | -62.5% |
Mortgage and Risk — Chisholm, MN
According to HUD data as of 2023, there were 93 mortgage originations in Chisholm, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Chisholm, MN. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 5.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Chisholm, MN
Chisholm, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 209 |
Total Units Section 8 | 100 |
% Rentals under Section 8 | 19.3% |
% Occupied Section 8 | 92.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $950 | $790 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Chisholm, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $128,000 |
| Median Household Income | $63,500 |