Saint Cloud, MN—56304
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Cloud, MN
As of Oct '25, the median home price in Saint Cloud, MN is $263,000, with a year-over-year change of 3.4%. This indicates that home prices in Saint Cloud, MN are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | 3.4% |
| Single Family | $265,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $213,000 | 4.9% |
3 Bed | $276,000 | 3.0% |
4 Bed | $328,000 | 3.5% |
| 5 Bed | $384,000 | 2.7% |
% of Housing Stock
Rental Trends — Saint Cloud, MN
As of July '25, Rentcast reports the average rent in Saint Cloud, MN is $935, with a year-over-year rent change of -5.7%. Per bedroom, the median rent as of July '25 in Saint Cloud, MN is 1-bedrooms: $831, 2-bedrooms: $969, 3-bedrooms: $1,600, 4-bedrooms: $1,530. The most common rental property sizes in Saint Cloud, MN are 2-bedroom and 1-bedroom, accounting for 35.2% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $935 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $831 |
| 2 Bed Rent | $900 | $969 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | $1,530 | $1,530 |
% of Rental Stock
Property Listings — Saint Cloud, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Cloud, MN is 53. This is a increase of 8.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $347,000 | -2.0% |
Listing Count | 61 | 4.0% |
| Listings as % of Homes | 0.5% | 4.0% |
Days on Market | 53 | 8.0% |
Demographics — Saint Cloud, MN
As of the latest ACS Survey released in 2023, Saint Cloud, MN has a population of 17,300, which has increased by 3.8% over the past 5 years. Saint Cloud, MN is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | 3.8% |
% Under 18 | 22.9% | 30.1% |
% Seniors | 13.8% | -0.7% |
% WFH | 5.9% | 181.0% |
% w/ College Degree | 24.9% | 2.5% |
As of the latest ACS Survey released in 2023, Saint Cloud, MN is a predominantly white area, with 65.4% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Saint Cloud, MN is black, making up 17.0% of the population. Foreign-born residents account for 10.3% of the population in Saint Cloud, MN, and this percentage has increased by 22.6% 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 | 65.4% | -14.1% |
% Black | 17.0% | 21.4% |
% Hispanic | 3.6% | 33.3% |
% Asian | 4.9% | 104.2% |
% Foreign Born | 10.3% | 22.6% |
Mortgage and Risk — Saint Cloud, MN
According to HUD data as of 2023, there were 161 mortgage originations in Saint Cloud, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Saint Cloud, MN. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 161 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Saint Cloud, MN
As of 2024, the percent of homes in Saint Cloud, MN under the Section 8 program is 10.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Saint Cloud, MN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 625 |
Total Units Section 8 | 410 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $800 | $1,200 |
| 2 Bedroom | $560 | $900 | $1,460 |
| 3 Bedroom | $370 | $1,600 | $1,970 |
| 4 Bedroom | $710 | $1,530 | $2,240 |
Affordability — Saint Cloud, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $263,000 |
| Median Household Income | $54,100 |