View in Interactive Map

Plainview, MN—55964

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$282,000
3.6% YoY Growth
Household Income
$72,800
4.2% YoY Growth
Days on Market
68
56.0% Shorter YoY
Home Price Forecast
1.3%
Median Rent
$3,000
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Plainview, MN

As of Dec '25, the median home price in Plainview, MN is $282,000, with a year-over-year change of 3.6%. This indicates that home prices in Plainview, MN are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$282,0003.6%
Single Family $281,0003.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$217,0004.3%
    3 Bed
    		$264,0002.7%
    4 Bed
    		$334,0004.0%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    5.7%
    2 Bedrooms
    24.4%
    3 Bedrooms
    39.0%
    4 Bedrooms
    23.1%
    5+ Bedrooms
    5.4%

    Rental Trends — Plainview, MN

    Plainview, MN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$3,000$3,000
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent $3,000$3,000
    Loading chart...

    % of Rental Stock

    Studio
    10.7%
    1 Bedroom
    12.9%
    2 Bedrooms
    46.8%
    3 Bedrooms
    24.7%
    4 Bedrooms
    3.6%
    5+ Bedrooms
    1.4%

    Property Listings — Plainview, MN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Plainview, MN is 48. This is a decrease of -63.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$317,0001.0%
    Listing Count
    		1588.0%
    Listings as % of Homes0.5%88.0%
    Days on Market
    		68-56.0%
    Loading chart...

    Demographics — Plainview, MN

    As of the latest ACS Survey released in 2023, Plainview, MN has a population of 4,450, which has increased by 1.1% over the past 5 years. Plainview, MN is a popular place for families, as children make up 31.3% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,4501.1%
    % Under 18
    		31.3%21.8%
    % Seniors
    		19.3%21.4%
    % WFH
    		7.4%15.6%
    % w/ College Degree
    		27.1%29.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Plainview, MN is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Plainview, MN is hispanic, making up 8.3% of the population. Foreign-born residents account for 2.7% of the population in Plainview, MN, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		89.5%-7.2%
    % Black
    		0.2%0.0%
    % Hispanic
    		8.3%144.1%
    % Asian
    		0.0%N/A
    % Foreign Born
    		2.7%12.5%
    Loading chart...

    Mortgage and Risk — Plainview, MN

    According to HUD data as of 2023, there were 110 mortgage originations in Plainview, MN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Plainview, MN. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		110
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		6.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		6.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Plainview, MN

    Plainview, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		64
    Total Units Section 8
    		61
    % Rentals under Section 8
    		15.6%
    % Occupied Section 8
    		94.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$840
    2 BedroomN/AN/A$1,040
    3 BedroomN/AN/A$1,460
    4 Bedroom-$1,240$3,000$1,760

    Affordability — Plainview, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.4
    Median Home Price$282,000
    Median Household Income$72,800

    Plainview, MN — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Kellogg, MN

    55945

    Elgin, MN

    55932

    Millville, MN

    55957

    Beaver, MN

    55910

    Dover, MN

    55929

    Frequently Asked Questions