Borup, MN—56519
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Borup, MN
Borup, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Borup, MN
Borup, 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 — Borup, MN
Borup, MN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $207,000 | N/A |
Listing Count | 4 | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | 100 | N/A |
Demographics — Borup, MN
As of the latest ACS Survey released in 2023, Borup, MN has a population of 309, which has increased by 33.2% over the past 5 years. Borup, MN is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 309 | 33.2% |
% Under 18 | 23.3% | 42.1% |
% Seniors | 28.8% | 13.4% |
% WFH | 2.4% | -82.5% |
% w/ College Degree | 12.0% | 8.1% |
As of the latest ACS Survey released in 2023, Borup, MN is a predominantly white area, with 83.2% of the population identifying as white. The white population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Borup, MN is hispanic, making up 4.5% of the population. Foreign-born residents account for 1.0% of the population in Borup, MN, and this percentage has increased by 11.1% 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 | 83.2% | 4.9% |
% Black | 1.0% | ∞% |
% Hispanic | 4.5% | -73.8% |
% Asian | 1.0% | 11.1% |
% Foreign Born | 1.0% | 11.1% |
Mortgage and Risk — Borup, MN
Borup, 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 — Borup, MN
Borup, 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 | $1,070 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Borup, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $62,700 |