Granada, MN 56039 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Granada, MN—56039

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$326,000

8.3% YoY Growth

Household Income

$80,500

20.6% YoY Growth

Days on Market

1.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Granada, MN

Granada, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$326,000	8.3%
Single Family	$326,000	9.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Granada, MN

Granada, 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

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% of Rental Stock

2 Bedrooms

23.5%

3 Bedrooms

35.3%

4 Bedrooms

21.6%

5+ Bedrooms

19.6%

Property Listings — Granada, MN

As of Dec '25, Realtor.com reports that the median days on market for a home in Granada, MN is 22. This is a increase of 8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$150,000	-27.0%
Listing Count	2	100.0%
Listings as % of Homes	N/A	100.0%
Days on Market	54	1.0%

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Demographics — Granada, MN

As of the latest ACS Survey released in 2023, Granada, MN has a population of 898, which has decreased by -7.4% over the past 5 years. Granada, MN is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	898	-7.4%
% Under 18	24.9%	-10.4%
% Seniors	23.6%	53.2%
% WFH	12.3%	101.6%
% w/ College Degree	22.7%	13.5%

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As of the latest ACS Survey released in 2023, Granada, MN is a predominantly white area, with 96.5% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Granada, MN is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.7% of the population in Granada, MN, and this percentage has increased by 88.9% 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	96.5%	-0.9%
% Black	0.9%	125.0%
% Hispanic	1.6%	100.0%
% Asian	0.0%	N/A
% Foreign Born	1.7%	88.9%

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Mortgage and Risk — Granada, MN

Granada, 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

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Rentals and Section 8 — Granada, MN

Granada, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% 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	$750
2 Bedroom	N/A	N/A	$980
3 Bedroom	N/A	N/A	$1,310
4 Bedroom	N/A	N/A	$1,310

Granada, MN—56039

Key Metrics at a Glance

Home Price Trends — Granada, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Granada, MN

% of Rental Stock

Property Listings — Granada, MN

Demographics — Granada, MN

Race and Ethnicity

Mortgage and Risk — Granada, MN

Mortgages

Rentals and Section 8 — Granada, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Granada, MN

Home Price to Income Ratio

Granada, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Northrop

Fairmont, MN

Winnebago, MN

Truman, MN

Blue Earth, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$326,000
Median Household Income	$80,500

Granada, MN—56039

Key Metrics at a Glance

Home Price Trends — Granada, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Granada, MN

% of Rental Stock

Property Listings — Granada, MN

Demographics — Granada, MN

Race and Ethnicity

Mortgage and Risk — Granada, MN

Mortgages

Rentals and Section 8 — Granada, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Granada, MN

Home Price to Income Ratio

Granada, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Northrop

Fairmont, MN

Winnebago, MN

Truman, MN

Blue Earth, MN

Frequently Asked Questions

What is the average home price in Granada, MN 56039?

How have home prices in Granada, MN 56039 changed over the past year?

What is the home price projection for Granada, MN 56039?

What are the demographics of Granada, MN 56039?

How long does it take homes to sell in Granada, MN 56039?

What is the average rent price in Granada, MN 56039?