Peterson, MN—55962
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Peterson, MN
As of Oct '25, the median home price in Peterson, MN is $365,000, with a year-over-year change of 8.3%. This indicates that home prices in Peterson, MN are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $365,000 | 8.3% |
| Single Family | $365,000 | 7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Peterson, MN
Peterson, 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 — Peterson, MN
Peterson, MN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | -5.0% |
Listing Count | 0 | -33.0% |
| Listings as % of Homes | 0.3% | -33.0% |
Days on Market | N/A | N/A |
Demographics — Peterson, MN
As of the latest ACS Survey released in 2023, Peterson, MN has a population of 758, which has remained stable by 0.8% over the past 5 years. Peterson, MN is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 27.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 758 | 0.8% |
% Under 18 | 22.7% | 8.6% |
% Seniors | 29.8% | 25.2% |
% WFH | 13.4% | -19.8% |
% w/ College Degree | 27.4% | 15.6% |
As of the latest ACS Survey released in 2023, Peterson, MN is a predominantly white area, with 97.2% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Peterson, MN is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.3% of the population in Peterson, MN, and this percentage has decreased by 95.5% 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 | 97.2% | 4.1% |
% Black | 0.0% | N/A |
% Hispanic | 0.9% | -85.9% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.3% | -95.5% |
Mortgage and Risk — Peterson, MN
Peterson, 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 — Peterson, MN
Peterson, 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 | $740 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Peterson, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $365,000 |
| Median Household Income | $73,500 |