Wahkon, MN—56386
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wahkon, MN
As of Oct '25, the median home price in Wahkon, MN is $289,000, with a year-over-year change of 4.1%. This indicates that home prices in Wahkon, MN are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $289,000 | 4.1% |
| Single Family | $286,000 | 4.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Wahkon, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Wahkon, MN is 82. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter 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 | $570,000 | -5.0% |
Listing Count | 6 | 26.0% |
| Listings as % of Homes | 0.9% | 26.0% |
Days on Market | 82 | -10.0% |
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% |
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% |
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 |
Loan Activity
No data available
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 |
Affordability — Wahkon, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $289,000 |
| Median Household Income | $52,300 |