Minneota, MN—56264
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minneota, MN
As of Oct '25, the median home price in Minneota, MN is $182,000, with a year-over-year change of 2.4%. This indicates that home prices in Minneota, MN are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $182,000 | 2.4% |
| Single Family | $182,000 | 3.4% |
| 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 — Minneota, MN
Minneota, 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 — Minneota, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Minneota, MN is 141. This is a increase of 340.0% 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 | $42,500 | -54.0% |
Listing Count | 3 | 27.0% |
| Listings as % of Homes | 0.1% | 27.0% |
Days on Market | 141 | 340.0% |
Demographics — Minneota, MN
As of the latest ACS Survey released in 2023, Minneota, MN has a population of 2,180, which has remained stable by -0.1% over the past 5 years. Minneota, MN is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,180 | -0.1% |
% Under 18 | 27.4% | 21.8% |
% Seniors | 20.8% | -2.8% |
% WFH | 9.9% | -2.9% |
% w/ College Degree | 22.8% | 22.6% |
As of the latest ACS Survey released in 2023, Minneota, MN is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Minneota, MN is hispanic, making up 11.9% of the population. Foreign-born residents account for 3.8% of the population in Minneota, MN, and this percentage has increased by 31.0% 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 | 84.9% | -8.4% |
% Black | 0.4% | -55.6% |
% Hispanic | 11.9% | 170.5% |
% Asian | 0.1% | -85.7% |
% Foreign Born | 3.8% | 31.0% |
Mortgage and Risk — Minneota, MN
According to HUD data as of 2023, there were 54 mortgage originations in Minneota, MN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Minneota, MN. Investor activity is low, as 9.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Minneota, MN
Minneota, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% 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 | $770 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Minneota, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $182,000 |
| Median Household Income | $75,200 |