South Haven, MN—55382
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Haven, MN
As of Nov '25, the median home price in South Haven, MN is $396,000, with a year-over-year change of 3.5%. This indicates that home prices in South Haven, MN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $396,000 | 3.5% |
| Single Family | $397,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $338,000 | 4.6% |
3 Bed | $427,000 | 2.6% |
4 Bed | $507,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Haven, MN
South Haven, 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 — South Haven, MN
As of Nov '25, Realtor.com reports that the median days on market for a home in South Haven, MN is 55. This is a decrease of -20.0% 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 | $438,000 | -17.0% |
Listing Count | 12 | 43.0% |
| Listings as % of Homes | 0.4% | 43.0% |
Days on Market | 55 | -20.0% |
Demographics — South Haven, MN
As of the latest ACS Survey released in 2023, South Haven, MN has a population of 3,640, which has remained stable by -0.2% over the past 5 years. South Haven, MN is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 27.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,640 | -0.2% |
% Under 18 | 23.2% | 1.3% |
% Seniors | 21.4% | 35.4% |
% WFH | 12.6% | 85.3% |
% w/ College Degree | 27.5% | 28.5% |
As of the latest ACS Survey released in 2023, South Haven, MN is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in South Haven, MN is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.9% of the population in South Haven, MN, and this percentage has increased by 350.0% 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 | 95.4% | -4.2% |
% Black | 0.1% | ∞% |
% Hispanic | 1.2% | 1,100.0% |
% Asian | 0.8% | 700.0% |
% Foreign Born | 0.9% | 350.0% |
Mortgage and Risk — South Haven, MN
According to HUD data as of 2023, there were 69 mortgage originations in South Haven, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in South Haven, MN. Investor activity is low, as 1.0% 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 | 69 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — South Haven, MN
South Haven, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | N/A | N/A | $1,970 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — South Haven, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $396,000 |
| Median Household Income | $95,700 |