Kellogg, MN—55945
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kellogg, MN
As of Oct '25, the median home price in Kellogg, MN is $334,000, with a year-over-year change of 6.4%. This indicates that home prices in Kellogg, MN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $334,000 | 6.4% |
| Single Family | $333,000 | 6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 5.2% |
3 Bed | $349,000 | 7.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kellogg, MN
Kellogg, 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 — Kellogg, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Kellogg, MN is 48. This is a decrease of -59.0% 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 | $492,000 | 161.0% |
Listing Count | 2 | -25.0% |
| Listings as % of Homes | N/A | -25.0% |
Days on Market | 48 | -59.0% |
Demographics — Kellogg, MN
As of the latest ACS Survey released in 2023, Kellogg, MN has a population of 1,300, which has increased by 7.5% over the past 5 years. Kellogg, MN is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,300 | 7.5% |
% Under 18 | 18.1% | -4.7% |
% Seniors | 22.2% | 0.0% |
% WFH | 7.6% | 49.0% |
% w/ College Degree | 16.2% | 9.5% |
As of the latest ACS Survey released in 2023, Kellogg, MN is a predominantly white area, with 94.8% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Kellogg, MN is hispanic, making up 3.1% of the population. Foreign-born residents account for 0.2% of the population in Kellogg, MN, and this percentage has decreased by 85.7% 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 | 94.8% | 0.5% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 0.0% |
% Asian | 0.4% | -63.6% |
% Foreign Born | 0.2% | -85.7% |
Mortgage and Risk — Kellogg, MN
According to HUD data as of 2023, there were 51 mortgage originations in Kellogg, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Kellogg, MN. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Kellogg, MN
Kellogg, 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 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Kellogg, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $334,000 |
| Median Household Income | $77,100 |