Rothsay, MN56579

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$251,000
3.0% YoY Growth
Median Household Income
$95,300
63.9% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
0.0%
Median 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

Property Listings — Rothsay, MN

Rothsay, MN lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Rothsay, MN

As of the latest ACS Survey released in 2023, Rothsay, MN has a population of 1,070, which has decreased by -9.6% over the past 5 years. Rothsay, MN is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,070-9.6%
% Under 18
26.4%29.4%
% Seniors
14.4%-18.6%
% WFH
9.8%8.9%
% w/ College Degree
26.3%29.6%
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As of the latest ACS Survey released in 2023, Rothsay, MN is a predominantly white area, with 95.7% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Rothsay, MN is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.4% of the population in Rothsay, MN, and this percentage has decreased by 42.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.7%5.0%
% Black
0.7%40.0%
% Hispanic
1.6%100.0%
% Asian
0.1%∞%
% Foreign Born
0.4%-42.9%
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Mortgage and Risk — Rothsay, MN

According to HUD data as of 2023, there were 54 mortgage originations in Rothsay, MN, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Rothsay, MN. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
54
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
0.0%
% Second Loans
2.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Rothsay, MN

Rothsay, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$850
2 BedroomN/AN/A$1,110
3 BedroomN/AN/A$1,550
4 BedroomN/AN/A$1,650

Affordability — Rothsay, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$251,000
Median Household Income$95,300

Rothsay, MN — ZIP Code Boundary Map

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Frequently Asked Questions