Moose Lake, MN—55767
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Moose Lake, MN
As of Oct '25, the median home price in Moose Lake, MN is $279,000, with a year-over-year change of 4.8%. This indicates that home prices in Moose Lake, MN are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $279,000 | 4.8% |
| Single Family | $279,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $263,000 | 7.3% |
3 Bed | $318,000 | 4.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Moose Lake, MN
Moose Lake, 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 — Moose Lake, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Moose Lake, MN is 73. This is a increase of 35.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | 47.0% |
Listing Count | 7 | -23.0% |
| Listings as % of Homes | 0.5% | -23.0% |
Days on Market | 73 | 35.0% |
Demographics — Moose Lake, MN
As of the latest ACS Survey released in 2023, Moose Lake, MN has a population of 4,990, which has increased by 10.6% over the past 5 years. Moose Lake, MN is a less popular place for families, as children make up 11.6% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,990 | 10.6% |
% Under 18 | 11.6% | 0.9% |
% Seniors | 22.3% | 10.4% |
% WFH | 18.4% | 29.6% |
% w/ College Degree | 13.9% | -9.7% |
As of the latest ACS Survey released in 2023, Moose Lake, MN is a predominantly white area, with 77.7% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Moose Lake, MN is black, making up 11.5% of the population. Foreign-born residents account for 3.9% of the population in Moose Lake, MN, and this percentage has increased by 178.6% 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 | 77.7% | -4.3% |
% Black | 11.5% | 53.3% |
% Hispanic | 3.6% | 33.3% |
% Asian | 1.0% | ∞% |
% Foreign Born | 3.9% | 178.6% |
Mortgage and Risk — Moose Lake, MN
According to HUD data as of 2023, there were 43 mortgage originations in Moose Lake, MN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Moose Lake, MN. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Moose Lake, MN
Moose Lake, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 88 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 16.8% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Moose Lake, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $279,000 |
| Median Household Income | $73,800 |