Sauk Rapids, MN—56379
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sauk Rapids, MN
As of Oct '25, the median home price in Sauk Rapids, MN is $295,000, with a year-over-year change of 3.8%. This indicates that home prices in Sauk Rapids, MN are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 3.8% |
| Single Family | $296,000 | 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 | $243,000 | 4.7% |
3 Bed | $286,000 | 4.0% |
4 Bed | $314,000 | 3.6% |
| 5 Bed | $374,000 | 3.3% |
% of Housing Stock
Rental Trends — Sauk Rapids, MN
As of July '25, Rentcast reports the average rent in Sauk Rapids, MN is $1,450, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Sauk Rapids, MN is studios: $745, 1-bedrooms: $919, 2-bedrooms: $1,450, 3-bedrooms: $2,200, 4-bedrooms: $2,800. The most common rental property sizes in Sauk Rapids, MN are 2-bedroom and 1-bedroom, accounting for 51.6% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,450 |
| Studio Rent | $745 | $745 |
| 1 Bed Rent | $790 | $919 |
| 2 Bed Rent | $1,620 | $1,450 |
| 3 Bed Rent | $2,050 | $2,200 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Sauk Rapids, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Sauk Rapids, MN is 50. This is a increase of 23.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 6.0% |
Listing Count | 52 | -7.0% |
| Listings as % of Homes | 0.4% | -7.0% |
Days on Market | 50 | 23.0% |
Demographics — Sauk Rapids, MN
As of the latest ACS Survey released in 2023, Sauk Rapids, MN has a population of 17,300, which has increased by 1.7% over the past 5 years. Sauk Rapids, MN is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | 1.7% |
% Under 18 | 25.8% | 2.4% |
% Seniors | 14.2% | 10.1% |
% WFH | 8.4% | 140.0% |
% w/ College Degree | 27.7% | 6.1% |
As of the latest ACS Survey released in 2023, Sauk Rapids, MN is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Sauk Rapids, MN is hispanic, making up 4.1% of the population. Foreign-born residents account for 2.4% of the population in Sauk Rapids, MN, and this percentage has decreased by 29.4% 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 | 89.2% | -4.1% |
% Black | 1.0% | 150.0% |
% Hispanic | 4.1% | 51.9% |
% Asian | 0.8% | -55.6% |
% Foreign Born | 2.4% | -29.4% |
Mortgage and Risk — Sauk Rapids, MN
According to HUD data as of 2023, there were 322 mortgage originations in Sauk Rapids, MN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Sauk Rapids, MN. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 322 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sauk Rapids, MN
As of 2024, the percent of homes in Sauk Rapids, MN under the Section 8 program is 8.0%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Sauk Rapids, MN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 279 |
Total Units Section 8 | 192 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $790 | $1,200 |
| 2 Bedroom | -$160 | $1,620 | $1,460 |
| 3 Bedroom | -$80 | $2,050 | $1,970 |
| 4 Bedroom | -$560 | $2,800 | $2,240 |
Affordability — Sauk Rapids, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $295,000 |
| Median Household Income | $72,000 |