Nashwauk, MN 55769 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Nashwauk, MN—55769

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$185,000

2.1% YoY Growth

Household Income

$66,100

17.7% YoY Growth

Days on Market

73.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$2,500

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Nashwauk, MN

Nashwauk, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$185,000	2.1%
Single Family	$185,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Nashwauk, MN

Nashwauk, MN lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,500
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	$2,500	$2,500

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% of Rental Stock

Studio

3.1%

1 Bedroom

24.8%

2 Bedrooms

38.0%

3 Bedrooms

32.6%

4 Bedrooms

1.6%

Property Listings — Nashwauk, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Nashwauk, MN is 97. This is a increase of 73.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$224,000	-34.0%
Listing Count	15	42.0%
Listings as % of Homes	0.6%	42.0%
Days on Market	97	73.0%

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Demographics — Nashwauk, MN

As of the latest ACS Survey released in 2023, Nashwauk, MN has a population of 2,520, which has increased by 7.7% over the past 5 years. Nashwauk, MN is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,520	7.7%
% Under 18	18.6%	-1.6%
% Seniors	21.8%	14.1%
% WFH	6.9%	50.0%
% w/ College Degree	21.9%	64.7%

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As of the latest ACS Survey released in 2023, Nashwauk, MN is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Nashwauk, MN is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.1% of the population in Nashwauk, MN, and this percentage has decreased by 62.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	87.5%	-7.0%
% Black	0.6%	-40.0%
% Hispanic	2.3%	64.3%
% Asian	0.6%	-25.0%
% Foreign Born	1.1%	-62.1%

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Mortgage and Risk — Nashwauk, MN

According to HUD data as of 2023, there were 43 mortgage originations in Nashwauk, MN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Nashwauk, MN. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	43
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	0.0%
% Second Loans	9.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Nashwauk, MN

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

Section 8 Market Size

Total Units under HUD	45
Total Units Section 8	45
% Rentals under Section 8	36.4%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$790
2 Bedroom	N/A	N/A	$1,010
3 Bedroom	N/A	N/A	$1,350
4 Bedroom	-$790	$2,500	$1,710

Nashwauk, MN—55769

Key Metrics at a Glance

Home Price Trends — Nashwauk, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nashwauk, MN

% of Rental Stock

Property Listings — Nashwauk, MN

Demographics — Nashwauk, MN

Race and Ethnicity

Mortgage and Risk — Nashwauk, MN

Mortgages

Rentals and Section 8 — Nashwauk, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Nashwauk, MN

Home Price to Income Ratio

Nashwauk, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Keewatin

Pengilly, MN

Calumet

Marble

Taconite, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$185,000
Median Household Income	$66,100

Nashwauk, MN—55769

Key Metrics at a Glance

Home Price Trends — Nashwauk, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nashwauk, MN

% of Rental Stock

Property Listings — Nashwauk, MN

Demographics — Nashwauk, MN

Race and Ethnicity

Mortgage and Risk — Nashwauk, MN

Mortgages

Rentals and Section 8 — Nashwauk, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Nashwauk, MN

Home Price to Income Ratio

Nashwauk, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Keewatin

Pengilly, MN

Calumet

Marble

Taconite, MN

Frequently Asked Questions

What is the average home price in Nashwauk, MN 55769?

How have home prices in Nashwauk, MN 55769 changed over the past year?

What is the home price projection for Nashwauk, MN 55769?

What are the demographics of Nashwauk, MN 55769?

How long does it take homes to sell in Nashwauk, MN 55769?

What is the average rent price in Nashwauk, MN 55769?