Zumbrota, MN—55992
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Zumbrota, MN
As of Oct '25, the median home price in Zumbrota, MN is $327,000, with a year-over-year change of 4.3%. This indicates that home prices in Zumbrota, 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 | $327,000 | 4.3% |
| Single Family | $326,000 | 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 | $277,000 | 3.7% |
3 Bed | $298,000 | 3.5% |
4 Bed | $372,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Zumbrota, MN
As of July '25, Rentcast reports the average rent in Zumbrota, MN is $1,320, with a year-over-year rent change of -36.5%. Per bedroom, the median rent as of July '25 in Zumbrota, MN is 1-bedrooms: $1,320. The most common rental property sizes in Zumbrota, MN are 1-bedroom and 3-bedroom, accounting for 47.9% and 17.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,320 | $1,320 |
| 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 — Zumbrota, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Zumbrota, MN is 55. This is a decrease of -6.0% 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 52.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 21.0% |
Listing Count | 27 | -5.0% |
| Listings as % of Homes | 0.8% | -5.0% |
Days on Market | 55 | -6.0% |
Demographics — Zumbrota, MN
As of the latest ACS Survey released in 2023, Zumbrota, MN has a population of 5,550, which has increased by 13.0% over the past 5 years. Zumbrota, MN is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,550 | 13.0% |
% Under 18 | 22.2% | -11.2% |
% Seniors | 20.5% | 6.8% |
% WFH | 11.3% | 61.4% |
% w/ College Degree | 33.7% | 29.1% |
As of the latest ACS Survey released in 2023, Zumbrota, MN is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Zumbrota, MN is asian, making up 1.5% of the population. Foreign-born residents account for 2.9% of the population in Zumbrota, MN, and this percentage has increased by 52.6% 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 | 93.8% | -2.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.5% | -21.1% |
% Asian | 1.5% | 87.5% |
% Foreign Born | 2.9% | 52.6% |
Mortgage and Risk — Zumbrota, MN
According to HUD data as of 2023, there were 119 mortgage originations in Zumbrota, MN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Zumbrota, MN. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Zumbrota, MN
Zumbrota, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 55 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$530 | $1,320 | $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 — Zumbrota, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $327,000 |
| Median Household Income | $103,000 |