Bowlus, MN—56314
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bowlus, MN
Bowlus, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | 2.1% |
| Single Family | $342,000 | 1.5% |
| 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 | $338,000 | 1.5% |
4 Bed | $417,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bowlus, MN
Bowlus, 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 — Bowlus, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Bowlus, MN is 85. This is a increase of 473.0% 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 | $281,000 | -29.0% |
Listing Count | 5 | 256.0% |
| Listings as % of Homes | 0.4% | 256.0% |
Days on Market | 85 | 473.0% |
Demographics — Bowlus, MN
As of the latest ACS Survey released in 2023, Bowlus, MN has a population of 1,360, which has increased by 23.9% over the past 5 years. Bowlus, MN is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,360 | 23.9% |
% Under 18 | 24.6% | -5.4% |
% Seniors | 14.8% | -11.9% |
% WFH | 6.7% | -33.0% |
% w/ College Degree | 12.9% | -22.3% |
As of the latest ACS Survey released in 2023, Bowlus, MN is a predominantly white area, with 99.2% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Bowlus, MN is hispanic, making up 0.3% of the population. Foreign-born residents account for 0.1% of the population in Bowlus, MN, and this percentage has decreased by 87.5% 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 | 99.2% | 2.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.3% | -50.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.1% | -87.5% |
Mortgage and Risk — Bowlus, MN
According to HUD data as of 2023, there were 42 mortgage originations in Bowlus, MN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Bowlus, MN. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Bowlus, MN
Bowlus, 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 | $820 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Bowlus, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $341,000 |
| Median Household Income | $87,500 |