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  1. Home
  2. /Browse ZIP Codes
  3. /Minnesota
  4. /Cedar-Isles-Dean, Saint Louis Park, MN - 55416

Cedar-Isles-Dean, Saint Louis Park, MN—55416

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$421,000
0.5% YoY Growth
Household Income
$106,000
29.9% YoY Growth
Days on Market
39
14.0% Longer YoY
Home Price Forecast
-0.6%
Median Rent
$1,640
11.4% YoY Growth
1-Bed Rent
$1,350
17.4% YoY Growth
2-Bed Rent
$2,200
5.1% YoY Growth
3-Bed Rent
$2,650
4.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cedar-Isles-Dean, Saint Louis Park, MN

As of May '26, the median home price in Cedar-Isles-Dean, Saint Louis Park, MN is $421,000, with a year-over-year change of -0.5%. This indicates that home prices in Cedar-Isles-Dean, Saint Louis Park, MN are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$421,000-0.5%
Single Family $504,0002.6%
Condos $253,000-1.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $188,000
    0.0%
    2 Bed
    $330,0001.5%
    3 Bed
    $479,0002.6%
    4 Bed
    $660,0003.6%
    5 Bed $904,5714.7%
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    % of Housing Stock

    Studio
    5.7%
    1 Bedroom
    29.3%
    2 Bedrooms
    27.3%
    3 Bedrooms
    19.7%
    4 Bedrooms
    13.3%
    5+ Bedrooms
    4.6%

    Rental Trends — Cedar-Isles-Dean, Saint Louis Park, MN

    As of July '25, Rentcast reports the average rent in Cedar-Isles-Dean, Saint Louis Park, MN is $2,250, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Cedar-Isles-Dean, Saint Louis Park, MN is studios: $1,350, 1-bedrooms: $1,470, 2-bedrooms: $3,270, 3-bedrooms: $2,580, 4-bedrooms: $3,880. The most common rental property sizes in Cedar-Isles-Dean, Saint Louis Park, MN are 1-bedroom and 2-bedroom, accounting for 49.5% and 32.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,640$2,250
    Studio Rent $1,410$1,350
    1 Bed Rent $1,350$1,470
    2 Bed Rent $2,200$3,270
    3 Bed Rent $2,650$2,580
    4 Bed Rent $3,100$3,880
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    % of Rental Stock

    Studio
    10.4%
    1 Bedroom
    49.5%
    2 Bedrooms
    32.6%
    3 Bedrooms
    6.0%
    4 Bedrooms
    1.0%
    5+ Bedrooms
    0.5%

    Property Listings — Cedar-Isles-Dean, Saint Louis Park, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Cedar-Isles-Dean, Saint Louis Park, MN is 39. This is a increase of 14.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $409,000-4.0%
    Listing Count
    1586.0%
    Listings as % of Homes0.4%6.0%
    Days on Market
    3914.0%
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    Demographics — Cedar-Isles-Dean, Saint Louis Park, MN

    As of the latest ACS Survey released in 2023, Cedar-Isles-Dean, Saint Louis Park, MN has a population of 34,900, which has increased by 8.5% over the past 5 years. Cedar-Isles-Dean, Saint Louis Park, MN is a moderately popular place for families, as children make up 16.4% of the population. The area has a highly educated workforce, with 73.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    34,9008.5%
    % Under 18
    16.4%0.6%
    % Seniors
    16.1%6.6%
    % WFH
    30.8%440.4%
    % w/ College Degree
    73.2%6.7%
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    As of the latest ACS Survey released in 2023, Cedar-Isles-Dean, Saint Louis Park, MN is a predominantly white area, with 78.8% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Cedar-Isles-Dean, Saint Louis Park, MN is hispanic, making up 7.6% of the population. Foreign-born residents account for 8.1% of the population in Cedar-Isles-Dean, Saint Louis Park, MN, and this percentage has decreased by 16.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    78.8%-6.6%
    % Black
    5.0%-3.8%
    % Hispanic
    7.6%105.4%
    % Asian
    3.6%2.9%
    % Foreign Born
    8.1%-16.5%
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    Mortgage and Risk — Cedar-Isles-Dean, Saint Louis Park, MN

    According to HUD data as of 2023, there were 591 mortgage originations in Cedar-Isles-Dean, Saint Louis Park, MN, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Cedar-Isles-Dean, Saint Louis Park, MN. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    591
    % Conventional Loans
    97.0%
    % Government Loans
    3.0%
    % Investor Loans
    5.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    6.0%
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    Rentals and Section 8 — Cedar-Isles-Dean, Saint Louis Park, MN

    As of 2024, the percent of homes in Cedar-Isles-Dean, Saint Louis Park, MN under the Section 8 program is 3.3%. 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. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Cedar-Isles-Dean, Saint Louis Park, MN, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    321
    Total Units Section 8
    308
    % Rentals under Section 8
    3.3%
    % Occupied Section 8
    93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$350$1,350$1,700
    2 Bedroom-$130$2,200$2,070
    3 Bedroom$110$2,650$2,760
    4 Bedroom-$10$3,100$3,090

    Affordability — Cedar-Isles-Dean, Saint Louis Park, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$421,000
    Median Household Income$106,000

    Cedar-Isles-Dean, Saint Louis Park, MN — ZIP Code Boundary Map

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    Frequently Asked Questions