Emily, MN—56447
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Emily, MN
As of Oct '25, the median home price in Emily, MN is $363,000, with a year-over-year change of 0.7%. This indicates that home prices in Emily, MN are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 0.7% |
| Single Family | $363,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $324,000 | 0.6% |
3 Bed | $426,000 | 1.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Emily, MN
Emily, 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 — Emily, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Emily, MN is 65. This is a increase of 53.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $383,000 | -8.0% |
Listing Count | 11 | 35.0% |
| Listings as % of Homes | 0.2% | 35.0% |
Days on Market | 65 | 53.0% |
Demographics — Emily, MN
As of the latest ACS Survey released in 2023, Emily, MN has a population of 832, which has decreased by -9.0% over the past 5 years. Emily, MN is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 832 | -9.0% |
% Under 18 | 15.1% | 9.4% |
% Seniors | 39.7% | 3.1% |
% WFH | 25.1% | 340.4% |
% w/ College Degree | 29.2% | 25.9% |
As of the latest ACS Survey released in 2023, Emily, MN is a predominantly white area, with 99.4% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Emily, MN is black, making up 0.0% of the population. Foreign-born residents account for 1.3% of the population in Emily, MN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.4% | 0.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | 0.0% |
Mortgage and Risk — Emily, MN
According to HUD data as of 2023, there were 69 mortgage originations in Emily, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Emily, MN. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 36.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Emily, MN
Emily, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $1,130 |
| 2 Bedroom | N/A | N/A | $1,480 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Emily, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $363,000 |
| Median Household Income | $66,900 |