Jordan, MN55352

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$427,000
3.3% YoY Growth
Median Household Income
$113,000
57.7% 5-Year Growth
Days on Market
57
7.0% Longer than last year
Home Price Forecast
-0.5%
Median Rent
$1,800
30.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,800
N/A

Property Listings — Jordan, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Jordan, MN is 57. This is a increase of 7.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$523,00012.0%
Listing Count
451.0%
Listings as % of Homes0.6%1.0%
Days on Market
577.0%
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Demographics — Jordan, MN

As of the latest ACS Survey released in 2023, Jordan, MN has a population of 10,400, which has increased by 11.0% over the past 5 years. Jordan, MN is a popular place for families, as children make up 30.8% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,40011.0%
% Under 18
30.8%4.8%
% Seniors
10.1%0.0%
% WFH
12.0%275.0%
% w/ College Degree
28.8%16.1%
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As of the latest ACS Survey released in 2023, Jordan, MN is a predominantly white area, with 89.2% of the population identifying as white. The white population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Jordan, MN is hispanic, making up 4.8% of the population. Foreign-born residents account for 4.6% of the population in Jordan, MN, and this percentage has decreased by 20.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.2%4.9%
% Black
1.3%-23.5%
% Hispanic
4.8%-56.4%
% Asian
0.8%-33.3%
% Foreign Born
4.6%-20.7%
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Mortgage and Risk — Jordan, MN

According to HUD data as of 2023, there were 197 mortgage originations in Jordan, MN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Jordan, MN. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
197
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
5.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Jordan, MN

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

Section 8 Market Size

Total Units under HUD
66
Total Units Section 8
66
% Rentals under Section 8
16.7%
% Occupied Section 8
98.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,360
2 BedroomN/AN/A$1,660
3 Bedroom$410$1,800$2,210
4 BedroomN/AN/A$2,480

Affordability — Jordan, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$427,000
Median Household Income$113,000

Jordan, MN — ZIP Code Boundary Map

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Frequently Asked Questions