Maple Grove, MN—55311
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Maple Grove, MN
Home Price Trends — Maple Grove, MN
As of Oct '25, the median home price in Maple Grove, MN is $488,000, with a year-over-year change of 1.3%. This indicates that home prices in Maple Grove, MN are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $488,000 | 1.3% |
| Single Family | $512,000 | 1.4% |
| Condos | $261,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | -0.4% |
3 Bed | $390,000 | 1.0% |
4 Bed | $575,000 | 1.2% |
| 5 Bed | $708,000 | 0.3% |
% of Housing Stock
Rental Trends — Maple Grove, MN
As of July '25, Rentcast reports the average rent in Maple Grove, MN is $2,820, with a year-over-year rent change of 9.3%. Per bedroom, the median rent as of July '25 in Maple Grove, MN is studios: $1,420, 1-bedrooms: $1,720, 2-bedrooms: $2,190, 3-bedrooms: $2,580, 4-bedrooms: $3,110. The most common rental property sizes in Maple Grove, MN are 2-bedroom and 3-bedroom, accounting for 52.9% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,820 |
| Studio Rent | $1,420 | $1,420 |
| 1 Bed Rent | $1,630 | $1,720 |
| 2 Bed Rent | $2,000 | $2,190 |
| 3 Bed Rent | $2,400 | $2,580 |
| 4 Bed Rent | $2,900 | $3,110 |
% of Rental Stock
Property Listings — Maple Grove, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Maple Grove, MN is 42. This is a decrease of -13.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $534,000 | -8.0% |
Listing Count | 167 | 2.0% |
| Listings as % of Homes | 0.7% | 2.0% |
Days on Market | 42 | -13.0% |
Demographics — Maple Grove, MN
As of the latest ACS Survey released in 2023, Maple Grove, MN has a population of 37,900, which has remained stable by 0.5% over the past 5 years. Maple Grove, MN is a popular place for families, as children make up 27.2% of the population. The area has a highly educated workforce, with 58.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,900 | 0.5% |
% Under 18 | 27.2% | -4.2% |
% Seniors | 12.8% | 19.6% |
% WFH | 25.5% | 180.2% |
% w/ College Degree | 58.5% | -2.0% |
As of the latest ACS Survey released in 2023, Maple Grove, MN is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Maple Grove, MN is asian, making up 7.6% of the population. Foreign-born residents account for 12.3% of the population in Maple Grove, MN, and this percentage has increased by 17.1% 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 | 80.3% | -2.7% |
% Black | 7.4% | 54.2% |
% Hispanic | 1.5% | 15.4% |
% Asian | 7.6% | -13.6% |
% Foreign Born | 12.3% | 17.1% |
Mortgage and Risk — Maple Grove, MN
According to HUD data as of 2023, there were 461 mortgage originations in Maple Grove, MN, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Maple Grove, MN. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 461 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Maple Grove, MN
As of 2024, the percent of homes in Maple Grove, MN under the Section 8 program is 8.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Maple Grove, MN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 178 |
Total Units Section 8 | 178 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,630 | $1,850 |
| 2 Bedroom | $260 | $2,000 | $2,260 |
| 3 Bedroom | $610 | $2,400 | $3,010 |
| 4 Bedroom | $470 | $2,900 | $3,370 |
Affordability — Maple Grove, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $488,000 |
| Median Household Income | $148,000 |