Stewartville, MN—55976
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stewartville, MN
As of Oct '25, the median home price in Stewartville, MN is $324,000, with a year-over-year change of 1.9%. This indicates that home prices in Stewartville, MN are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $324,000 | 1.9% |
| Single Family | $325,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $274,000 | 2.2% |
3 Bed | $293,000 | 1.7% |
4 Bed | $351,000 | 1.7% |
| 5 Bed | $444,000 | 1.1% |
% of Housing Stock
Rental Trends — Stewartville, MN
As of July '25, Rentcast reports the average rent in Stewartville, MN is $1,580, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Stewartville, MN is 1-bedrooms: $1,250, 2-bedrooms: $1,590, 3-bedrooms: $1,630, 4-bedrooms: $2,350. The most common rental property sizes in Stewartville, MN are 1-bedroom and 2-bedroom, accounting for 30.6% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,280 | $1,250 |
| 2 Bed Rent | $1,600 | $1,590 |
| 3 Bed Rent | $1,650 | $1,630 |
| 4 Bed Rent | $2,650 | $2,350 |
% of Rental Stock
Property Listings — Stewartville, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Stewartville, MN is 50. This is a increase of 10.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | 2.0% |
Listing Count | 33 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 50 | 10.0% |
Demographics — Stewartville, MN
As of the latest ACS Survey released in 2023, Stewartville, MN has a population of 8,540, which has increased by 8.1% over the past 5 years. Stewartville, MN is a popular place for families, as children make up 28.0% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,540 | 8.1% |
% Under 18 | 28.0% | -9.7% |
% Seniors | 15.6% | 10.6% |
% WFH | 15.8% | 259.1% |
% w/ College Degree | 30.5% | 13.0% |
As of the latest ACS Survey released in 2023, Stewartville, MN is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Stewartville, MN is hispanic, making up 4.3% of the population. Foreign-born residents account for 1.2% of the population in Stewartville, MN, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.3% | -1.3% |
% Black | 0.1% | 0.0% |
% Hispanic | 4.3% | 79.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.2% | 20.0% |
Mortgage and Risk — Stewartville, MN
According to HUD data as of 2023, there were 225 mortgage originations in Stewartville, MN, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Stewartville, MN. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 225 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Stewartville, MN
As of 2024, the percent of homes in Stewartville, MN under the Section 8 program is 5.4%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Stewartville, MN, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $1,280 | $1,000 |
| 2 Bedroom | -$380 | $1,600 | $1,220 |
| 3 Bedroom | $60 | $1,650 | $1,710 |
| 4 Bedroom | -$600 | $2,650 | $2,050 |
Affordability — Stewartville, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $324,000 |
| Median Household Income | $79,000 |