Round Lake, MN—56167
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Round Lake, MN
Round Lake, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | 12.8% |
| Single Family | $159,000 | 12.8% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Round Lake, MN
Round Lake, 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 — Round Lake, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Round Lake, MN is 122. This is a increase of 5.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | 56.0% |
Listing Count | 1 | -67.0% |
| Listings as % of Homes | 0.9% | -67.0% |
Days on Market | 122 | 5.0% |
Demographics — Round Lake, MN
As of the latest ACS Survey released in 2023, Round Lake, MN has a population of 615, which has decreased by -19.3% over the past 5 years. Round Lake, MN is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 615 | -19.3% |
% Under 18 | 15.4% | -29.7% |
% Seniors | 22.8% | 7.0% |
% WFH | 11.1% | 0.0% |
% w/ College Degree | 14.8% | 19.4% |
As of the latest ACS Survey released in 2023, Round Lake, MN is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Round Lake, MN is hispanic, making up 6.8% of the population. Foreign-born residents account for 5.7% of the population in Round Lake, MN, and this percentage has increased by 128.0% 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 | 88.5% | -5.1% |
% Black | 1.1% | ∞% |
% Hispanic | 6.8% | 119.4% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 5.7% | 128.0% |
Mortgage and Risk — Round Lake, MN
Round Lake, 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 — Round Lake, MN
Round Lake, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% 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 | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Round Lake, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $159,000 |
| Median Household Income | $68,600 |