Ogilvie, MN—56358
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ogilvie, MN
Ogilvie, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $271,000 | 0.3% |
| Single Family | $271,000 | 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 | $253,000 | 2.0% |
3 Bed | $280,000 | 2.2% |
4 Bed | $341,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ogilvie, MN
Ogilvie, 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 — Ogilvie, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Ogilvie, MN is 24. This is a increase of 6.0% 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 | $504,000 | 1.0% |
Listing Count | 9 | 64.0% |
| Listings as % of Homes | 0.4% | 64.0% |
Days on Market | 24 | 6.0% |
Demographics — Ogilvie, MN
As of the latest ACS Survey released in 2023, Ogilvie, MN has a population of 3,170, which has decreased by -4.6% over the past 5 years. Ogilvie, MN is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,170 | -4.6% |
% Under 18 | 22.2% | -5.5% |
% Seniors | 18.4% | 25.2% |
% WFH | 9.4% | 28.8% |
% w/ College Degree | 10.9% | -9.9% |
As of the latest ACS Survey released in 2023, Ogilvie, MN is a predominantly white area, with 94.3% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Ogilvie, MN is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.7% of the population in Ogilvie, MN, and this percentage has decreased by 76.7% 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 | 94.3% | 1.0% |
% Black | 0.4% | -33.3% |
% Hispanic | 1.7% | 30.8% |
% Asian | 0.6% | -60.0% |
% Foreign Born | 0.7% | -76.7% |
Mortgage and Risk — Ogilvie, MN
According to HUD data as of 2023, there were 89 mortgage originations in Ogilvie, MN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Ogilvie, MN. Investor activity is low, as 7.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 7.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Ogilvie, MN
Ogilvie, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | N/A | N/A | $1,970 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Ogilvie, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $271,000 |
| Median Household Income | $78,100 |