Grand Meadow, MN—55936
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grand Meadow, MN
As of Oct '25, the median home price in Grand Meadow, MN is $262,000, with a year-over-year change of 6.2%. This indicates that home prices in Grand Meadow, MN are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $262,000 | 6.2% |
| Single Family | $262,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $200,000 | 4.2% |
3 Bed | $241,000 | 5.2% |
4 Bed | $360,000 | 8.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grand Meadow, MN
As of July '25, Rentcast reports the average rent in Grand Meadow, MN is $1,200, with a year-over-year rent change of 51.9%. Per bedroom, the median rent as of July '25 in Grand Meadow, MN is studios: $1,080, 2-bedrooms: $950, 3-bedrooms: $900, 4-bedrooms: $2,400. The most common rental property sizes in Grand Meadow, MN are 1-bedroom and 2-bedroom, accounting for 28.1% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,200 |
| Studio Rent | $1,020 | $1,080 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | $900 | $900 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Grand Meadow, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Grand Meadow, MN is 46. This is a decrease of -42.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $267,000 | -15.0% |
Listing Count | 9 | -12.0% |
| Listings as % of Homes | 0.7% | -12.0% |
Days on Market | 46 | -42.0% |
Demographics — Grand Meadow, MN
As of the latest ACS Survey released in 2023, Grand Meadow, MN has a population of 1,760, which has remained stable by -0.4% over the past 5 years. Grand Meadow, MN is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,760 | -0.4% |
% Under 18 | 22.0% | -15.1% |
% Seniors | 19.2% | 17.8% |
% WFH | 10.5% | 56.7% |
% w/ College Degree | 28.5% | 54.1% |
As of the latest ACS Survey released in 2023, Grand Meadow, MN is a predominantly white area, with 97.4% of the population identifying as white. The white population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Grand Meadow, MN is asian, making up 1.0% of the population. Foreign-born residents account for 1.6% of the population in Grand Meadow, MN, and this percentage has increased by 220.0% 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 | 97.4% | 3.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.0% | -16.7% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 1.6% | 220.0% |
Mortgage and Risk — Grand Meadow, MN
According to HUD data as of 2023, there were 60 mortgage originations in Grand Meadow, MN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Grand Meadow, MN. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Grand Meadow, MN
Grand Meadow, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | $30 | $950 | $980 |
| 3 Bedroom | $350 | $900 | $1,250 |
| 4 Bedroom | -$1,010 | $2,400 | $1,390 |
Affordability — Grand Meadow, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $262,000 |
| Median Household Income | $79,200 |