Mabel, MN—55954
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mabel, MN
As of Oct '25, the median home price in Mabel, MN is $212,000, with a year-over-year change of -0.4%. This indicates that home prices in Mabel, MN are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $212,000 | -0.4% |
| Single Family | $212,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | -1.8% |
3 Bed | $187,000 | -1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mabel, MN
Mabel, 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 — Mabel, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Mabel, MN is 66. This is a increase of 59.0% 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 | $222,000 | 31.0% |
Listing Count | 9 | 145.0% |
| Listings as % of Homes | 0.3% | 145.0% |
Days on Market | 66 | 59.0% |
Demographics — Mabel, MN
As of the latest ACS Survey released in 2023, Mabel, MN has a population of 1,410, which has increased by 2.7% over the past 5 years. Mabel, MN is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,410 | 2.7% |
% Under 18 | 22.7% | 20.7% |
% Seniors | 25.8% | 2.0% |
% WFH | 6.3% | -31.5% |
% w/ College Degree | 17.3% | 4.2% |
As of the latest ACS Survey released in 2023, Mabel, MN is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Mabel, MN is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.3% of the population in Mabel, MN, and this percentage has decreased by 62.5% 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 | 97.5% | -0.5% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | 25.0% |
% Asian | 0.1% | -87.5% |
% Foreign Born | 0.3% | -62.5% |
Mortgage and Risk — Mabel, MN
According to HUD data as of 2023, there were 67 mortgage originations in Mabel, MN, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Mabel, MN. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Mabel, MN
Mabel, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 19.8% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Mabel, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $212,000 |
| Median Household Income | $69,600 |