Saint James, MN—56081
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint James, MN
Saint James, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $168,000 | 8.7% |
| Single Family | $169,000 | 8.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $130,000 | 9.2% |
3 Bed | $168,000 | 7.7% |
4 Bed | $204,000 | 6.8% |
| 5 Bed | $241,000 | 6.6% |
% of Housing Stock
Rental Trends — Saint James, MN
Saint James, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 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 — Saint James, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint James, MN is 103. This is a increase of 70.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $197,000 | 20.0% |
Listing Count | 42 | 22.0% |
| Listings as % of Homes | 0.5% | 22.0% |
Days on Market | 103 | 70.0% |
Demographics — Saint James, MN
As of the latest ACS Survey released in 2023, Saint James, MN has a population of 6,090, which has increased by 4.4% over the past 5 years. Saint James, MN is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,090 | 4.4% |
% Under 18 | 26.2% | 12.4% |
% Seniors | 19.1% | -2.6% |
% WFH | 7.7% | 18.5% |
% w/ College Degree | 18.0% | 24.1% |
As of the latest ACS Survey released in 2023, Saint James, MN is a predominantly white area, with 63.8% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Saint James, MN is hispanic, making up 35.4% of the population. Foreign-born residents account for 14.4% of the population in Saint James, MN, and this percentage has increased by 10.8% 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 | 63.8% | -10.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 35.4% | 25.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 14.4% | 10.8% |
Mortgage and Risk — Saint James, MN
According to HUD data as of 2023, there were 33 mortgage originations in Saint James, MN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Saint James, MN. Investor activity is low, as 12.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Saint James, MN
Saint James, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 88 |
Total Units Section 8 | 11 |
% 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 | $40 | $800 | $840 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Saint James, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $168,000 |
| Median Household Income | $66,600 |