Wahkon, MN 56386 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wahkon, MN—56386

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$283,000

4.0% YoY Growth

Household Income

$52,300

33.6% YoY Growth

Days on Market

150

138.0% Longer YoY

Home Price Forecast

0.3%

Median Rent

$4,500

95.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$4,500

N/A

Home Price Trends — Wahkon, MN

As of Dec '25, the median home price in Wahkon, MN is $283,000, with a year-over-year change of 4.0%. This indicates that home prices in Wahkon, MN are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$283,000	4.0%
Single Family	$280,000	3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wahkon, MN

As of July '25, Rentcast reports the average rent in Wahkon, MN is $4,500, with a year-over-year rent change of 95.7%. Per bedroom, the median rent as of July '25 in Wahkon, MN is 3-bedrooms: $4,500. The most common rental property sizes in Wahkon, MN are 2-bedroom and 3-bedroom, accounting for 24.6% and 23.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$4,500	$4,500
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$4,500	$4,500
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

10.1%

1 Bedroom

20.3%

2 Bedrooms

24.6%

3 Bedrooms

23.2%

4 Bedrooms

13.0%

5+ Bedrooms

8.7%

Property Listings — Wahkon, MN

As of Dec '25, Realtor.com reports that the median days on market for a home in Wahkon, MN is 110. This is a increase of 49.0% 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	$500,000	37.0%
Listing Count	2	-35.0%
Listings as % of Homes	0.9%	-35.0%
Days on Market	150	138.0%

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Demographics — Wahkon, MN

As of the latest ACS Survey released in 2023, Wahkon, MN has a population of 641, which has increased by 3.1% over the past 5 years. Wahkon, MN is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	641	3.1%
% Under 18	18.6%	27.4%
% Seniors	29.8%	7.6%
% WFH	12.1%	152.1%
% w/ College Degree	17.5%	15.9%

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As of the latest ACS Survey released in 2023, Wahkon, MN is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Wahkon, MN is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.1% of the population in Wahkon, MN, and this percentage has decreased by 15.4% 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	85.0%	-4.7%
% Black	0.0%	-100.0%
% Hispanic	4.8%	200.0%
% Asian	0.5%	0.0%
% Foreign Born	1.1%	-15.4%

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Mortgage and Risk — Wahkon, MN

Wahkon, MN lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Wahkon, MN

Wahkon, 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	$780
2 Bedroom	N/A	N/A	$1,020
3 Bedroom	-$3,200	$4,500	$1,300
4 Bedroom	N/A	N/A	$1,730

Wahkon, MN—56386

Key Metrics at a Glance

Home Price Trends — Wahkon, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wahkon, MN

% of Rental Stock

Property Listings — Wahkon, MN

Demographics — Wahkon, MN

Race and Ethnicity

Mortgage and Risk — Wahkon, MN

Mortgages

Rentals and Section 8 — Wahkon, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Wahkon, MN

Home Price to Income Ratio

Wahkon, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Onamia, MN

Ogilvie, MN

Milaca, MN

Garrison, MN

Hillman, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.9
Median Home Price	$283,000
Median Household Income	$52,300

Wahkon, MN—56386

Key Metrics at a Glance

Home Price Trends — Wahkon, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wahkon, MN

% of Rental Stock

Property Listings — Wahkon, MN

Demographics — Wahkon, MN

Race and Ethnicity

Mortgage and Risk — Wahkon, MN

Mortgages

Rentals and Section 8 — Wahkon, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Wahkon, MN

Home Price to Income Ratio

Wahkon, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Onamia, MN

Ogilvie, MN

Milaca, MN

Garrison, MN

Hillman, MN

Frequently Asked Questions

What is the average home price in Wahkon, MN 56386?

How have home prices in Wahkon, MN 56386 changed over the past year?

What is the home price projection for Wahkon, MN 56386?

What are the demographics of Wahkon, MN 56386?

How long does it take homes to sell in Wahkon, MN 56386?

What is the average rent price in Wahkon, MN 56386?