Granada, MN—56039
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | 7.7% |
| Single Family | $326,000 | 7.9% |
| 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 | $247,000 | 8.8% |
4 Bed | $315,000 | 7.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Granada, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Granada, MN is 6. This is a decrease of -30.0% 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 | $185,000 | 4.0% |
Listing Count | 2 | 50.0% |
| Listings as % of Homes | N/A | 50.0% |
Days on Market | 6 | -30.0% |
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% |
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% |
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 |
Loan Activity
No data available
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 |
Affordability — Granada, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $326,000 |
| Median Household Income | $80,500 |