Raymond, MN—56282
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Raymond, MN
As of Oct '25, the median home price in Raymond, MN is $245,000, with a year-over-year change of 5.0%. This indicates that home prices in Raymond, MN are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $245,000 | 5.0% |
| Single Family | $246,000 | 5.1% |
| 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 — Raymond, MN
Raymond, 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 — Raymond, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Raymond, MN is 64. This is a increase of 50.0% 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 | $290,000 | -25.0% |
Listing Count | 5 | 88.0% |
| Listings as % of Homes | 0.2% | 88.0% |
Days on Market | 64 | 50.0% |
Demographics — Raymond, MN
As of the latest ACS Survey released in 2023, Raymond, MN has a population of 1,440, which has decreased by -12.1% over the past 5 years. Raymond, MN is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,440 | -12.1% |
% Under 18 | 24.8% | -21.0% |
% Seniors | 18.6% | 40.9% |
% WFH | 5.5% | -27.6% |
% w/ College Degree | 19.6% | 12.6% |
As of the latest ACS Survey released in 2023, Raymond, MN is a predominantly white area, with 84.1% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Raymond, MN is hispanic, making up 6.2% of the population. Foreign-born residents account for 3.3% of the population in Raymond, MN, and this percentage has decreased by 35.3% 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 | 84.1% | -4.2% |
% Black | 0.5% | -68.8% |
% Hispanic | 6.2% | 8.8% |
% Asian | 0.4% | -76.5% |
% Foreign Born | 3.3% | -35.3% |
Mortgage and Risk — Raymond, MN
According to HUD data as of 2023, there were 36 mortgage originations in Raymond, MN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Raymond, MN. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Raymond, MN
Raymond, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Raymond, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $245,000 |
| Median Household Income | $71,100 |