Climax, MN—56523
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Climax, MN
As of Oct '25, the median home price in Climax, MN is $187,000, with a year-over-year change of 4.7%. This indicates that home prices in Climax, MN are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | 4.7% |
| Single Family | $187,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $192,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Climax, MN
Climax, 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 — Climax, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Climax, MN is 68. This is a decrease of -30.0% 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 | $202,000 | 143.0% |
Listing Count | 2 | -47.0% |
| Listings as % of Homes | N/A | -47.0% |
Days on Market | 68 | -30.0% |
Demographics — Climax, MN
As of the latest ACS Survey released in 2023, Climax, MN has a population of 391, which has decreased by -26.8% over the past 5 years. Climax, MN is a popular place for families, as children make up 27.9% of the population. The area has a moderately educated workforce, with 36.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 391 | -26.8% |
% Under 18 | 27.9% | 7.3% |
% Seniors | 19.2% | 5.5% |
% WFH | 2.1% | -27.6% |
% w/ College Degree | 36.4% | 23.8% |
As of the latest ACS Survey released in 2023, Climax, MN is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Climax, MN is hispanic, making up 8.7% of the population. Foreign-born residents account for 3.6% of the population in Climax, MN, and this percentage has decreased by 20.0% 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 | 88.0% | -5.7% |
% Black | 0.0% | N/A |
% Hispanic | 8.7% | 155.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.6% | -20.0% |
Mortgage and Risk — Climax, MN
Climax, 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 — Climax, MN
Climax, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Climax, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $187,000 |
| Median Household Income | $54,400 |