Dodge Center, MN—55927
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dodge Center, MN
As of Oct '25, the median home price in Dodge Center, MN is $284,000, with a year-over-year change of 3.1%. This indicates that home prices in Dodge Center, MN are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $284,000 | 3.1% |
| Single Family | $285,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $256,000 | 3.6% |
3 Bed | $270,000 | 2.7% |
4 Bed | $320,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dodge Center, MN
As of July '25, Rentcast reports the average rent in Dodge Center, MN is $1,070, with a year-over-year rent change of -44.0%. Per bedroom, the median rent as of July '25 in Dodge Center, MN is 2-bedrooms: $1,070. The most common rental property sizes in Dodge Center, MN are 1-bedroom and 2-bedroom, accounting for 34.9% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,070 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,070 | $1,070 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dodge Center, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dodge Center, MN is 49. This is a increase of 82.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | 25.0% |
Listing Count | 9 | -3.0% |
| Listings as % of Homes | 0.3% | -3.0% |
Days on Market | 49 | 82.0% |
Demographics — Dodge Center, MN
As of the latest ACS Survey released in 2023, Dodge Center, MN has a population of 4,270, which has remained stable by -0.6% over the past 5 years. Dodge Center, MN is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,270 | -0.6% |
% Under 18 | 23.2% | -17.7% |
% Seniors | 15.3% | 2.0% |
% WFH | 9.3% | 24.0% |
% w/ College Degree | 18.1% | -7.7% |
As of the latest ACS Survey released in 2023, Dodge Center, MN is a predominantly white area, with 86.1% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Dodge Center, MN is hispanic, making up 8.4% of the population. Foreign-born residents account for 4.9% of the population in Dodge Center, MN, and this percentage has increased by 6.5% 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 | 86.1% | 0.3% |
% Black | 0.1% | 0.0% |
% Hispanic | 8.4% | -32.3% |
% Asian | 1.6% | 128.6% |
% Foreign Born | 4.9% | 6.5% |
Mortgage and Risk — Dodge Center, MN
According to HUD data as of 2023, there were 90 mortgage originations in Dodge Center, MN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Dodge Center, MN. Investor activity is low, as 8.0% 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 | 90 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Dodge Center, MN
Dodge Center, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 89 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 18.4% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | -$30 | $1,070 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Dodge Center, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $284,000 |
| Median Household Income | $91,500 |