Le Sueur, MN56058

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$297,000
2.5% YoY Growth
Median Household Income
$82,500
32.1% 5-Year Growth
Days on Market
62
3.0% Longer than last year
Home Price Forecast
-0.4%
Median Rent
$995
0.9% YoY Growth
1-Bed Rent
$900
5.7% YoY Growth
2-Bed Rent
$1,200
9.3% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Le Sueur, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Le Sueur, MN is 62. This is a increase of 3.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$303,000-24.0%
Listing Count
3487.0%
Listings as % of Homes0.4%87.0%
Days on Market
623.0%
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Demographics — Le Sueur, MN

As of the latest ACS Survey released in 2023, Le Sueur, MN has a population of 6,080, which has increased by 6.1% over the past 5 years. Le Sueur, MN is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,0806.1%
% Under 18
22.1%-2.6%
% Seniors
18.3%-2.1%
% WFH
7.5%134.4%
% w/ College Degree
24.6%9.8%
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As of the latest ACS Survey released in 2023, Le Sueur, MN is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Le Sueur, MN is hispanic, making up 12.0% of the population. Foreign-born residents account for 3.0% of the population in Le Sueur, MN, and this percentage has decreased by 16.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.7%-1.9%
% Black
2.0%11.1%
% Hispanic
12.0%10.1%
% Asian
0.9%-35.7%
% Foreign Born
3.0%-16.7%
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Mortgage and Risk — Le Sueur, MN

According to HUD data as of 2023, there were 88 mortgage originations in Le Sueur, MN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Le Sueur, MN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
88
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Le Sueur, MN

Le Sueur, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
178
Total Units Section 8
130
% Rentals under Section 8
17.5%
% Occupied Section 8
76.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$80$900$820
2 Bedroom-$160$1,200$1,040
3 BedroomN/AN/A$1,450
4 BedroomN/AN/A$1,690

Affordability — Le Sueur, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$297,000
Median Household Income$82,500

Le Sueur, MN — ZIP Code Boundary Map

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Frequently Asked Questions