Floodwood, MN—55736
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Floodwood, MN
As of Oct '25, the median home price in Floodwood, MN is $164,000, with a year-over-year change of 0.3%. This indicates that home prices in Floodwood, MN are flat. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | 0.3% |
| Single Family | $164,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 0.0% |
3 Bed | $212,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Floodwood, MN
Floodwood, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Floodwood, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Floodwood, MN is 115. This is a increase of 28.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $369,000 | 0.0% |
Listing Count | 5 | -47.0% |
| Listings as % of Homes | 0.1% | -47.0% |
Days on Market | 115 | 28.0% |
Demographics — Floodwood, MN
As of the latest ACS Survey released in 2023, Floodwood, MN has a population of 1,330, which has decreased by -6.2% over the past 5 years. Floodwood, MN is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,330 | -6.2% |
% Under 18 | 19.6% | 11.4% |
% Seniors | 26.2% | 11.0% |
% WFH | 13.1% | 191.1% |
% w/ College Degree | 11.6% | -7.2% |
As of the latest ACS Survey released in 2023, Floodwood, MN is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Floodwood, MN is black, making up 1.0% of the population. Foreign-born residents account for 0.5% of the population in Floodwood, MN, and this percentage has decreased by 37.5% 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 | 94.2% | -2.7% |
% Black | 1.0% | 900.0% |
% Hispanic | 0.5% | -61.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | -37.5% |
Mortgage and Risk — Floodwood, MN
According to HUD data as of 2023, there were 54 mortgage originations in Floodwood, MN, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Floodwood, MN. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Floodwood, MN
Floodwood, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 40.7% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $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 — Floodwood, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $164,000 |
| Median Household Income | $65,000 |