Rushford Village, MN—55971
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rushford Village, MN
As of Oct '25, the median home price in Rushford Village, MN is $273,000, with a year-over-year change of 1.8%. This indicates that home prices in Rushford Village, MN are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $273,000 | 1.8% |
| Single Family | $274,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $217,000 | 1.4% |
3 Bed | $256,000 | 2.0% |
4 Bed | $351,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rushford Village, MN
Rushford Village, 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 — Rushford Village, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Rushford Village, MN is 80. This is a increase of 117.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $149,000 | -56.0% |
Listing Count | 4 | -39.0% |
| Listings as % of Homes | 0.4% | -39.0% |
Days on Market | 80 | 117.0% |
Demographics — Rushford Village, MN
As of the latest ACS Survey released in 2023, Rushford Village, MN has a population of 2,910, which has remained stable by -0.9% over the past 5 years. Rushford Village, MN is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,910 | -0.9% |
% Under 18 | 22.5% | -10.4% |
% Seniors | 23.8% | 1.3% |
% WFH | 8.2% | 39.0% |
% w/ College Degree | 29.7% | 42.8% |
As of the latest ACS Survey released in 2023, Rushford Village, MN is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Rushford Village, MN is asian, making up 1.1% of the population. Foreign-born residents account for 1.5% of the population in Rushford Village, MN, and this percentage has decreased by 21.1% 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 | 95.6% | -0.6% |
% Black | 0.5% | -28.6% |
% Hispanic | 1.0% | -54.5% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 1.5% | -21.1% |
Mortgage and Risk — Rushford Village, MN
According to HUD data as of 2023, there were 61 mortgage originations in Rushford Village, MN, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Rushford Village, MN. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Rushford Village, MN
Rushford Village, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 17.4% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Rushford Village, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $273,000 |
| Median Household Income | $81,100 |