Millville, MN—55957
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millville, MN
As of Oct '25, the median home price in Millville, MN is $382,000, with a year-over-year change of 4.7%. This indicates that home prices in Millville, MN are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $382,000 | 4.7% |
| Single Family | $382,000 | 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millville, MN
Millville, 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 — Millville, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Millville, MN is 12. This is a decrease of -76.0% 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 | $425,000 | 14.0% |
Listing Count | 1 | -62.0% |
| Listings as % of Homes | 0.3% | -62.0% |
Days on Market | 12 | -76.0% |
Demographics — Millville, MN
As of the latest ACS Survey released in 2023, Millville, MN has a population of 769, which has increased by 9.2% over the past 5 years. Millville, MN is a popular place for families, as children make up 30.6% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 769 | 9.2% |
% Under 18 | 30.6% | 31.9% |
% Seniors | 17.4% | -4.4% |
% WFH | 10.6% | -7.8% |
% w/ College Degree | 14.5% | 21.8% |
As of the latest ACS Survey released in 2023, Millville, MN is a predominantly white area, with 88.9% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Millville, MN is hispanic, making up 9.8% of the population. Foreign-born residents account for 0.0% of the population in Millville, MN, and this percentage has decreased by 100.0% 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 | 88.9% | -6.6% |
% Black | 0.0% | N/A |
% Hispanic | 9.8% | 104.2% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Millville, MN
Millville, 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 — Millville, MN
Millville, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Millville, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $382,000 |
| Median Household Income | $80,000 |