Trail, MN56684

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$265,000
1.0% YoY Growth
Median Household Income
$68,300
78.3% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
-0.5%
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 304, which has decreased by -5.0% over the past 5 years. Trail, MN is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
304-5.0%
% Under 18
23.4%-29.3%
% Seniors
28.6%94.6%
% WFH
14.4%51.6%
% w/ College Degree
15.0%70.5%
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As of the latest ACS Survey released in 2023, Trail, MN is a predominantly white area, with 96.7% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Trail, MN is black, making up 1.0% of the population. Foreign-born residents account for 1.3% of the population in Trail, MN, and this percentage has decreased by 31.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.7%2.8%
% Black
1.0%∞%
% Hispanic
0.0%-100.0%
% Asian
0.3%0.0%
% Foreign Born
1.3%-31.6%
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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
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$760
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,260
4 BedroomN/AN/A$1,440

Affordability — Trail, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$265,000
Median Household Income$68,300

Trail, MN — ZIP Code Boundary Map

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Frequently Asked Questions