Grey Eagle, MN56336

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$344,000
1.4% YoY Growth
Median Household Income
$80,800
37.7% 5-Year Growth
Days on Market
57
17.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Grey Eagle, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Grey Eagle, MN is 57. This is a increase of 17.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$365,000-50.0%
Listing Count
60.0%
Listings as % of Homes0.3%0.0%
Days on Market
5717.0%
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Demographics — Grey Eagle, MN

As of the latest ACS Survey released in 2023, Grey Eagle, MN has a population of 1,530, which has increased by 3.8% over the past 5 years. Grey Eagle, MN is a moderately popular place for families, as children make up 15.8% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,5303.8%
% Under 18
15.8%-4.2%
% Seniors
29.0%2.1%
% WFH
14.0%0.0%
% w/ College Degree
19.4%7.2%
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As of the latest ACS Survey released in 2023, Grey Eagle, MN is a predominantly white area, with 95.9% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Grey Eagle, MN is hispanic, making up 0.4% of the population. Foreign-born residents account for 2.2% of the population in Grey Eagle, MN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.9%-1.2%
% Black
0.0%N/A
% Hispanic
0.4%-42.9%
% Asian
0.0%-100.0%
% Foreign Born
2.2%0.0%
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Mortgage and Risk — Grey Eagle, MN

According to HUD data as of 2023, there were 31 mortgage originations in Grey Eagle, MN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Grey Eagle, MN. Investor activity is low, as 13.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
31
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
13.0%
% Second Loans
23.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Grey Eagle, MN

Grey Eagle, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
26
Total Units Section 8
26
% Rentals under Section 8
35.3%
% Occupied Section 8
84.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$820
2 BedroomN/AN/A$1,040
3 BedroomN/AN/A$1,380
4 BedroomN/AN/A$1,640

Affordability — Grey Eagle, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$344,000
Median Household Income$80,800

Grey Eagle, MN — ZIP Code Boundary Map

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Frequently Asked Questions