Trail, MN56646

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$278,000
3.5% YoY Growth
Median Household Income
$42,400
19.2% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
-0.1%
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

Other Zip Codes in Trail, MN

Property Listings — Trail, MN

Trail, 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 — Trail, MN

As of the latest ACS Survey released in 2023, Trail, MN has a population of 343, which has decreased by -33.8% over the past 5 years. Trail, MN is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
343-33.8%
% Under 18
21.0%-50.4%
% Seniors
18.4%9.5%
% WFH
0.0%-100.0%
% w/ College Degree
17.7%-26.9%
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As of the latest ACS Survey released in 2023, Trail, MN is a predominantly white area, with 95.6% of the population identifying as white. The white population has grown by 50.1% in the last 5 years. The second most common race or ethnicity in Trail, MN is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.9% of the population in Trail, MN, and this percentage has decreased by 72.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.6%50.1%
% Black
0.0%-100.0%
% Hispanic
1.7%-79.5%
% Asian
0.3%-90.9%
% Foreign Born
0.9%-72.7%
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Mortgage and Risk — Trail, MN

Trail, MN lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip 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

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Rentals and Section 8 — Trail, MN

Trail, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
10.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,310
4 BedroomN/AN/A$1,580

Affordability — Trail, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.4
Median Home Price$278,000
Median Household Income$42,400

Trail, MN — ZIP Code Boundary Map

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Frequently Asked Questions