Claremont, MN—55924
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Claremont, MN
As of Oct '25, the median home price in Claremont, MN is $304,000, with a year-over-year change of 5.3%. This indicates that home prices in Claremont, MN are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | 5.3% |
| Single Family | $304,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $280,000 | 3.7% |
4 Bed | $336,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Claremont, MN
As of July '25, Rentcast reports the average rent in Claremont, MN is $898, with a year-over-year rent change of -24.5%. Per bedroom, the median rent as of July '25 in Claremont, MN is studios: $400, 3-bedrooms: $1,400. The most common rental property sizes in Claremont, MN are 2-bedroom and 4-bedroom, accounting for 28.8% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $400 | $898 |
| Studio Rent | $400 | $400 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Claremont, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Claremont, MN is 35. This is a decrease of -13.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $345,000 | 43.0% |
Listing Count | 7 | 6.0% |
| Listings as % of Homes | 0.2% | 6.0% |
Days on Market | 35 | -13.0% |
Demographics — Claremont, MN
As of the latest ACS Survey released in 2023, Claremont, MN has a population of 1,250, which has decreased by -10.2% over the past 5 years. Claremont, MN is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,250 | -10.2% |
% Under 18 | 25.8% | 19.4% |
% Seniors | 16.6% | -19.8% |
% WFH | 9.9% | 7.6% |
% w/ College Degree | 15.3% | 43.0% |
As of the latest ACS Survey released in 2023, Claremont, MN is a predominantly white area, with 90.8% of the population identifying as white. The white population has grown by 9.4% in the last 5 years. The second most common race or ethnicity in Claremont, MN is hispanic, making up 5.9% of the population. Foreign-born residents account for 2.0% of the population in Claremont, MN, and this percentage has decreased by 25.9% 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 | 90.8% | 9.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 5.9% | -54.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.0% | -25.9% |
Mortgage and Risk — Claremont, MN
Claremont, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Claremont, MN
Claremont, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 17.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | $70 | $1,400 | $1,470 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Claremont, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $304,000 |
| Median Household Income | $78,200 |