Esko, MN55733

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$384,000
1.9% YoY Growth
Median Household Income
$115,000
41.5% 5-Year Growth
Days on Market
16
57.0% Shorter than last year
Home Price Forecast
1.8%
Median 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

Property Listings — Esko, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Esko, MN is 16. This is a decrease of -57.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$425,000-19.0%
Listing Count
32-6.0%
Listings as % of Homes0.2%-6.0%
Days on Market
16-57.0%
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Demographics — Esko, MN

As of the latest ACS Survey released in 2023, Esko, MN has a population of 5,180, which has increased by 7.1% over the past 5 years. Esko, MN is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,1807.1%
% Under 18
24.7%-7.1%
% Seniors
15.4%14.9%
% WFH
8.7%357.9%
% w/ College Degree
40.9%13.0%
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As of the latest ACS Survey released in 2023, Esko, MN is a predominantly white area, with 97.2% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Esko, MN is black, making up 0.5% of the population. Foreign-born residents account for 0.6% of the population in Esko, MN, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.2%-1.0%
% Black
0.5%150.0%
% Hispanic
0.3%-50.0%
% Asian
0.0%N/A
% Foreign Born
0.6%-25.0%
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Mortgage and Risk — Esko, MN

According to HUD data as of 2023, there were 106 mortgage originations in Esko, MN, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Esko, MN. Investor activity is low, as 2.0% 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
106
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
2.0%
% Second Loans
3.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Esko, MN

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

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
4.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,270
2 BedroomN/AN/A$1,610
3 BedroomN/AN/A$2,170
4 BedroomN/AN/A$2,700

Affordability — Esko, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$384,000
Median Household Income$115,000

Esko, MN — ZIP Code Boundary Map

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Frequently Asked Questions