Fisher, MN—56723
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fisher, MN
As of Oct '25, the median home price in Fisher, MN is $265,000, with a year-over-year change of 4.7%. This indicates that home prices in Fisher, MN are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $265,000 | 4.7% |
| Single Family | $265,000 | 4.7% |
| 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 | $233,000 | 5.0% |
4 Bed | $296,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fisher, MN
Fisher, 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 — Fisher, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fisher, MN is 84. This is a decrease of -32.0% 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 | $525,000 | 35.0% |
Listing Count | 4 | 25.0% |
| Listings as % of Homes | 0.5% | 25.0% |
Days on Market | 84 | -32.0% |
Demographics — Fisher, MN
As of the latest ACS Survey released in 2023, Fisher, MN has a population of 912, which has decreased by -1.4% over the past 5 years. Fisher, MN is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 32.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 912 | -1.4% |
% Under 18 | 27.1% | 2.7% |
% Seniors | 15.2% | 4.8% |
% WFH | 5.7% | 78.1% |
% w/ College Degree | 32.1% | 16.3% |
As of the latest ACS Survey released in 2023, Fisher, MN is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Fisher, MN is black, making up 2.9% of the population. Foreign-born residents account for 1.3% of the population in Fisher, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.0% | -3.8% |
% Black | 2.9% | 93.3% |
% Hispanic | 2.0% | -60.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.3% | -31.6% |
Mortgage and Risk — Fisher, MN
According to HUD data as of 2023, there were 35 mortgage originations in Fisher, MN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Fisher, MN. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Fisher, MN
Fisher, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 24.5% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Fisher, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $265,000 |
| Median Household Income | $108,000 |