Hollandale, MN56045

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$184,000
1.8% YoY Growth
Median Household Income
$70,700
19.0% 5-Year Growth
Days on Market
48
33.0% Shorter than last year
Home Price Forecast
2.6%
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

Property Listings — Hollandale, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Hollandale, MN is 48. This is a decrease of -33.0% 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 133.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$600,000102.0%
Listing Count
30.0%
Listings as % of Homes0.9%0.0%
Days on Market
48-33.0%
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Demographics — Hollandale, MN

As of the latest ACS Survey released in 2023, Hollandale, MN has a population of 966, which has decreased by -1.8% over the past 5 years. Hollandale, MN is a popular place for families, as children make up 29.2% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
966-1.8%
% Under 18
29.2%13.6%
% Seniors
20.6%13.2%
% WFH
12.1%146.9%
% w/ College Degree
20.5%35.8%
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As of the latest ACS Survey released in 2023, Hollandale, MN is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Hollandale, MN is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.4% of the population in Hollandale, MN, and this percentage has increased by 300.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.3%-0.8%
% Black
0.0%-100.0%
% Hispanic
2.7%-59.7%
% Asian
0.0%-100.0%
% Foreign Born
0.4%300.0%
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Mortgage and Risk — Hollandale, MN

According to HUD data as of 2023, there were 42 mortgage originations in Hollandale, MN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Hollandale, MN. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
42
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Hollandale, MN

Hollandale, 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
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,200
4 BedroomN/AN/A$1,350

Affordability — Hollandale, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$184,000
Median Household Income$70,700

Hollandale, MN — ZIP Code Boundary Map

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Frequently Asked Questions