Fort Ripley, MN—56449
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Ripley, MN
As of Oct '25, the median home price in Fort Ripley, MN is $371,000, with a year-over-year change of 1.1%. This indicates that home prices in Fort Ripley, MN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | 1.1% |
| Single Family | $371,000 | 0.8% |
| 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 | $387,000 | 1.0% |
4 Bed | $440,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fort Ripley, MN
Fort Ripley, 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 — Fort Ripley, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Ripley, MN is 28. This is a decrease of -24.0% 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 | $672,000 | 43.0% |
Listing Count | 4 | -50.0% |
| Listings as % of Homes | 0.2% | -50.0% |
Days on Market | 28 | -24.0% |
Demographics — Fort Ripley, MN
As of the latest ACS Survey released in 2023, Fort Ripley, MN has a population of 1,820, which has increased by 2.0% over the past 5 years. Fort Ripley, MN is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,820 | 2.0% |
% Under 18 | 23.0% | -11.5% |
% Seniors | 17.9% | -2.7% |
% WFH | 9.6% | 255.6% |
% w/ College Degree | 18.5% | 10.1% |
As of the latest ACS Survey released in 2023, Fort Ripley, MN is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Fort Ripley, MN is hispanic, making up 4.3% of the population. Foreign-born residents account for 2.0% of the population in Fort Ripley, MN, and this percentage has increased by 81.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.7% | -4.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.3% | 126.3% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 2.0% | 81.8% |
Mortgage and Risk — Fort Ripley, MN
Fort Ripley, 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 — Fort Ripley, MN
Fort Ripley, 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 | $890 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,470 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Fort Ripley, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $371,000 |
| Median Household Income | $77,800 |