Orr, MN—55771
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Orr, MN
As of Oct '25, the median home price in Orr, MN is $208,000, with a year-over-year change of 0.8%. This indicates that home prices in Orr, MN are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 0.8% |
| Single Family | $208,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $221,000 | 2.3% |
3 Bed | $275,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Orr, MN
Orr, 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 — Orr, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Orr, MN is 134. This is a increase of 27.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 4.0% |
Listing Count | 31 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 134 | 27.0% |
Demographics — Orr, MN
As of the latest ACS Survey released in 2023, Orr, MN has a population of 1,620, which has decreased by -1.4% over the past 5 years. Orr, MN is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,620 | -1.4% |
% Under 18 | 20.6% | 29.6% |
% Seniors | 27.0% | 22.7% |
% WFH | 3.2% | -34.7% |
% w/ College Degree | 21.4% | 62.1% |
As of the latest ACS Survey released in 2023, Orr, MN is a predominantly white area, with 73.1% of the population identifying as white. The white population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Orr, MN is hispanic, making up 1.5% of the population. Foreign-born residents account for 1.4% of the population in Orr, MN, and this percentage has decreased by 50.0% 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 | 73.1% | 9.6% |
% Black | 0.2% | -50.0% |
% Hispanic | 1.5% | 25.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 1.4% | -50.0% |
Mortgage and Risk — Orr, MN
According to HUD data as of 2023, there were 18 mortgage originations in Orr, MN, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Orr, MN. Investor activity is low, as 0.0% 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 | 18 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 50.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Orr, MN
Orr, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
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 — Orr, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $208,000 |
| Median Household Income | $65,900 |