Motley, MN—56466
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Motley, MN
As of Oct '25, the median home price in Motley, MN is $248,000, with a year-over-year change of 2.5%. This indicates that home prices in Motley, MN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | 2.5% |
| Single Family | $248,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $265,000 | 3.1% |
3 Bed | $326,000 | 3.2% |
4 Bed | $357,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Motley, MN
Motley, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| 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 | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Motley, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Motley, MN is 90. This is a increase of 50.0% 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 | $327,000 | 21.0% |
Listing Count | 12 | -8.0% |
| Listings as % of Homes | 0.4% | -8.0% |
Days on Market | 90 | 50.0% |
Demographics — Motley, MN
As of the latest ACS Survey released in 2023, Motley, MN has a population of 3,130, which has increased by 4.5% over the past 5 years. Motley, MN is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,130 | 4.5% |
% Under 18 | 19.8% | 8.8% |
% Seniors | 24.4% | -3.2% |
% WFH | 8.7% | 81.2% |
% w/ College Degree | 16.9% | 2.4% |
As of the latest ACS Survey released in 2023, Motley, MN is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Motley, MN is hispanic, making up 1.5% of the population. Foreign-born residents account for 1.0% of the population in Motley, MN, and this percentage has decreased by 9.1% 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 | 89.5% | -6.1% |
% Black | 0.4% | 100.0% |
% Hispanic | 1.5% | 25.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.0% | -9.1% |
Mortgage and Risk — Motley, MN
According to HUD data as of 2023, there were 76 mortgage originations in Motley, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Motley, MN. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Motley, MN
Motley, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | -$160 | $1,600 | $1,440 |
Affordability — Motley, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $248,000 |
| Median Household Income | $59,000 |