Good Thunder, MN—56037
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Good Thunder, MN
As of Oct '25, the median home price in Good Thunder, MN is $318,000, with a year-over-year change of 7.7%. This indicates that home prices in Good Thunder, MN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $318,000 | 7.7% |
| Single Family | $318,000 | 7.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $265,000 | 7.3% |
3 Bed | $293,000 | 6.5% |
4 Bed | $357,000 | 8.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Good Thunder, MN
Good Thunder, 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 — Good Thunder, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Good Thunder, MN is 37. This is a decrease of -31.0% 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 | $285,000 | -20.0% |
Listing Count | 4 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 37 | -31.0% |
Demographics — Good Thunder, MN
As of the latest ACS Survey released in 2023, Good Thunder, MN has a population of 1,450, which has decreased by -9.1% over the past 5 years. Good Thunder, MN is a moderately popular place for families, as children make up 17.5% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,450 | -9.1% |
% Under 18 | 17.5% | -27.7% |
% Seniors | 22.4% | 19.1% |
% WFH | 9.3% | 36.8% |
% w/ College Degree | 26.4% | 9.5% |
As of the latest ACS Survey released in 2023, Good Thunder, MN is a predominantly white area, with 94.2% 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 Good Thunder, MN is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.5% of the population in Good Thunder, MN, and this percentage has decreased by 50.0% 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 | 94.2% | -1.3% |
% Black | 0.3% | ∞% |
% Hispanic | 2.7% | 12.5% |
% Asian | 0.2% | -66.7% |
% Foreign Born | 0.5% | -50.0% |
Mortgage and Risk — Good Thunder, MN
Good Thunder, 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 — Good Thunder, MN
Good Thunder, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Good Thunder, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $318,000 |
| Median Household Income | $74,200 |