Saint Charles, MN—55972
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Charles, MN
As of Oct '25, the median home price in Saint Charles, MN is $346,000, with a year-over-year change of 3.1%. This indicates that home prices in Saint Charles, MN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | 3.1% |
| Single Family | $346,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | 2.1% |
3 Bed | $299,000 | 2.7% |
4 Bed | $383,000 | 2.7% |
| 5 Bed | $491,000 | 2.7% |
% of Housing Stock
Rental Trends — Saint Charles, MN
As of July '25, Rentcast reports the average rent in Saint Charles, MN is $1,400, with a year-over-year rent change of 10.2%. Per bedroom, the median rent as of July '25 in Saint Charles, MN is 1-bedrooms: $650, 2-bedrooms: $1,010, 3-bedrooms: $1,080, 4-bedrooms: $2,380. The most common rental property sizes in Saint Charles, MN are 3-bedroom and 1-bedroom, accounting for 46.9% and 18.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $650 |
| 2 Bed Rent | $955 | $1,010 |
| 3 Bed Rent | $850 | $1,080 |
| 4 Bed Rent | $2,400 | $2,380 |
% of Rental Stock
Property Listings — Saint Charles, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Charles, MN is 51. This is a decrease of -38.0% 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 | $500,000 | 32.0% |
Listing Count | 16 | -35.0% |
| Listings as % of Homes | 0.4% | -35.0% |
Days on Market | 51 | -38.0% |
Demographics — Saint Charles, MN
As of the latest ACS Survey released in 2023, Saint Charles, MN has a population of 5,320, which has remained stable by 0.5% over the past 5 years. Saint Charles, MN is a popular place for families, as children make up 26.7% of the population. The area has a moderately educated workforce, with 33.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,320 | 0.5% |
% Under 18 | 26.7% | -8.6% |
% Seniors | 14.8% | 0.7% |
% WFH | 15.7% | 166.1% |
% w/ College Degree | 33.1% | 17.8% |
As of the latest ACS Survey released in 2023, Saint Charles, MN is a predominantly white area, with 90.6% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Saint Charles, MN is asian, making up 5.7% of the population. Foreign-born residents account for 3.7% of the population in Saint Charles, MN, and this percentage has decreased by 14.0% 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 | 90.6% | 2.4% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 40.9% |
% Asian | 5.7% | -23.0% |
% Foreign Born | 3.7% | -14.0% |
Mortgage and Risk — Saint Charles, MN
According to HUD data as of 2023, there were 99 mortgage originations in Saint Charles, MN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Saint Charles, MN. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Saint Charles, MN
As of 2024, the percent of homes in Saint Charles, MN under the Section 8 program is 4.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Saint Charles, MN, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $650 | $840 |
| 2 Bedroom | $85 | $955 | $1,040 |
| 3 Bedroom | $610 | $850 | $1,460 |
| 4 Bedroom | -$640 | $2,400 | $1,760 |
Affordability — Saint Charles, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $346,000 |
| Median Household Income | $97,500 |