Warren, MN—56762
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warren, MN
Warren, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | -1.7% |
| Single Family | $186,000 | -2.6% |
| 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 | $184,000 | -3.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Warren, MN
As of July '25, Rentcast reports the average rent in Warren, MN is $975, with a year-over-year rent change of 14.7%. Per bedroom, the median rent as of July '25 in Warren, MN is 2-bedrooms: $975. The most common rental property sizes in Warren, MN are 2-bedroom and 1-bedroom, accounting for 41.8% and 20.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $975 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Warren, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Warren, MN is 88. This is a increase of 98.0% from last year, suggesting that homes are sitting on the market longer 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 | $218,000 | 47.0% |
Listing Count | 10 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 88 | 98.0% |
Demographics — Warren, MN
As of the latest ACS Survey released in 2023, Warren, MN has a population of 2,340, which has decreased by -9.7% over the past 5 years. Warren, MN is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,340 | -9.7% |
% Under 18 | 26.7% | 10.8% |
% Seniors | 22.5% | 0.9% |
% WFH | 6.4% | -3.0% |
% w/ College Degree | 19.7% | -5.7% |
As of the latest ACS Survey released in 2023, Warren, MN is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Warren, MN is hispanic, making up 3.2% of the population. Foreign-born residents account for 1.1% of the population in Warren, MN, and this percentage has increased by 37.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.9% | -2.4% |
% Black | 0.3% | -50.0% |
% Hispanic | 3.2% | 33.3% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 1.1% | 37.5% |
Mortgage and Risk — Warren, MN
According to HUD data as of 2023, there were 31 mortgage originations in Warren, MN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Warren, MN. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Warren, MN
Warren, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | $240 | $750 | $990 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Warren, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $186,000 |
| Median Household Income | $61,700 |