Pennock, MN—56279
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pennock, MN
As of Oct '25, the median home price in Pennock, MN is $288,000, with a year-over-year change of 3.3%. This indicates that home prices in Pennock, MN are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $288,000 | 3.3% |
| Single Family | $288,000 | 2.9% |
| 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 — Pennock, MN
Pennock, 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 — Pennock, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Pennock, MN is 86. This is a increase of 44.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $297,000 | 7.0% |
Listing Count | 5 | 117.0% |
| Listings as % of Homes | 0.2% | 117.0% |
Days on Market | 86 | 44.0% |
Demographics — Pennock, MN
As of the latest ACS Survey released in 2023, Pennock, MN has a population of 1,120, which has decreased by -16.9% over the past 5 years. Pennock, MN is a popular place for families, as children make up 26.9% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,120 | -16.9% |
% Under 18 | 26.9% | 11.6% |
% Seniors | 18.7% | 40.6% |
% WFH | 12.0% | 64.4% |
% w/ College Degree | 18.2% | 46.8% |
As of the latest ACS Survey released in 2023, Pennock, MN is a predominantly white area, with 87.6% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Pennock, MN is hispanic, making up 9.8% of the population. Foreign-born residents account for 2.4% of the population in Pennock, MN, and this percentage has increased by 50.0% 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 | 87.6% | 1.5% |
% Black | 1.4% | 1,300.0% |
% Hispanic | 9.8% | -18.3% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.4% | 50.0% |
Mortgage and Risk — Pennock, MN
Pennock, 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 — Pennock, MN
Pennock, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $790 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Pennock, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $288,000 |
| Median Household Income | $78,800 |