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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
54
1.0% Longer YoY
Home Price Forecast
N/A
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Granada, MN

Granada, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$326,0008.3%
Single Family $326,0009.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		$245,0009.4%
    4 Bed
    		$312,0009.5%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.7%
    1 Bedroom
    2.2%
    2 Bedrooms
    16.1%
    3 Bedrooms
    39.4%
    4 Bedrooms
    32.8%
    5+ Bedrooms
    7.8%

    Rental Trends — Granada, MN

    Granada, MN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$150,000-27.0%
    Listing Count
    		2100.0%
    Listings as % of HomesN/A100.0%
    Days on Market
    		541.0%
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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.

    MetricLatest CensusYoY % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$750
    2 BedroomN/AN/A$980
    3 BedroomN/AN/A$1,310
    4 BedroomN/AN/A$1,310

    Affordability — Granada, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$326,000
    Median Household Income$80,500

    Granada, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Northrop

    56075

    Fairmont, MN

    56031

    Winnebago, MN

    56098

    Truman, MN

    56088

    Blue Earth, MN

    56013

    Frequently Asked Questions