Wanamingo, MN—55983
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wanamingo, MN
As of Oct '25, the median home price in Wanamingo, MN is $295,000, with a year-over-year change of 4.3%. This indicates that home prices in Wanamingo, MN are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 4.3% |
| Single Family | $295,000 | 4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Wanamingo, MN
Wanamingo, 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 — Wanamingo, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Wanamingo, MN is 88. This is a increase of 36.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | -10.0% |
Listing Count | 15 | 74.0% |
| Listings as % of Homes | 0.1% | 74.0% |
Days on Market | 88 | 36.0% |
Demographics — Wanamingo, MN
As of the latest ACS Survey released in 2023, Wanamingo, MN has a population of 1,670, which has remained stable by 0.5% over the past 5 years. Wanamingo, MN is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,670 | 0.5% |
% Under 18 | 23.6% | -5.2% |
% Seniors | 17.1% | 14.0% |
% WFH | 5.4% | -1.8% |
% w/ College Degree | 26.7% | 24.8% |
As of the latest ACS Survey released in 2023, Wanamingo, MN is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Wanamingo, MN is black, making up 6.9% of the population. Foreign-born residents account for 2.3% of the population in Wanamingo, MN, and this percentage has decreased by 48.9% 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 | 87.6% | -6.7% |
% Black | 6.9% | 1,625.0% |
% Hispanic | 2.4% | -17.2% |
% Asian | 0.4% | -71.4% |
% Foreign Born | 2.3% | -48.9% |
Mortgage and Risk — Wanamingo, MN
Wanamingo, 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 — Wanamingo, MN
Wanamingo, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 11 |
% 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 | $790 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Wanamingo, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $295,000 |
| Median Household Income | $85,600 |