Prinsburg, MN—56281
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prinsburg, MN
As of Oct '25, the median home price in Prinsburg, MN is $225,000, with a year-over-year change of 8.5%. This indicates that home prices in Prinsburg, MN are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $225,000 | 8.5% |
| Single Family | $229,000 | 8.5% |
| 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 — Prinsburg, MN
Prinsburg, 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 — Prinsburg, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Prinsburg, MN is 131. This is a increase of 189.0% 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 | $127,000 | -21.0% |
Listing Count | 3 | 33.0% |
| Listings as % of Homes | N/A | 33.0% |
Days on Market | 131 | 189.0% |
Demographics — Prinsburg, MN
As of the latest ACS Survey released in 2023, Prinsburg, MN has a population of 742, which has increased by 15.2% over the past 5 years. Prinsburg, MN is a popular place for families, as children make up 29.4% of the population. The area has a moderately educated workforce, with 33.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 742 | 15.2% |
% Under 18 | 29.4% | 12.2% |
% Seniors | 18.7% | -15.0% |
% WFH | 3.9% | 11.4% |
% w/ College Degree | 33.8% | 17.8% |
As of the latest ACS Survey released in 2023, Prinsburg, MN is a predominantly white area, with 88.7% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Prinsburg, MN is hispanic, making up 9.4% of the population. Foreign-born residents account for 0.9% of the population in Prinsburg, MN, and this percentage has decreased by 47.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.7% | -8.5% |
% Black | 0.9% | 12.5% |
% Hispanic | 9.4% | 571.4% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 0.9% | -47.1% |
Mortgage and Risk — Prinsburg, MN
Prinsburg, 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 — Prinsburg, MN
Prinsburg, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $950 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Prinsburg, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $225,000 |
| Median Household Income | $105,000 |