Hollandale, MN56045

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$181,000
0.4% YoY Growth
Median Household Income
$70,700
19.0% 5-Year Growth
Days on Market
12
90.0% Shorter than last year
Home Price Forecast
2.0%
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 — Hollandale, MN

As of Aug '25 and according to Realtor.com, the median days on market for a home in Hollandale, MN is 12. This is an decrease of -90.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$749,00031.0%
Listing Count
3N/A
Listings as % of Homes0.9%N/A
Days on Market
12-90.0%
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Demographics — Hollandale, MN

MetricLatest CensusYoY % Change
Population
966-1.8%
% Under 18
29.2%13.6%
% Under 5N/AN/A
% Seniors
20.6%13.2%
% WFH
12.1%146.9%
% w/ College Degree
20.5%35.8%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.3%-0.8%
% Black
0.0%-100.0%
% Hispanic
2.7%-59.7%
% Asian
0.0%-100.0%
% Foreign Born
0.4%300.0%
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Mortgage and Risk — Hollandale, MN

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Hollandale, MN in that year was 42. 76.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 69.0%. Of those, 33.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Hollandale, MN. Investor activity in Hollandale, MN is low, as 2.0% of all loans are originated by investors. In 2023, 5.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
42N/AN/A
% Conventional Loans
76.0%N/AN/A
% Government Loans
24.0%N/AN/A
% Investor Loans
2.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
5.0%N/AN/A
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Rentals and Section 8 — Hollandale, MN

As of 2024, the percent of homes in Hollandale, MN under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,200
4 BedroomN/AN/A$1,350

Affordability — Hollandale, MN

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.4N/AN/A
Median Home Price$181,000N/AN/A
Median Household Income$70,700N/AN/A

Hollandale, MN — ZIP Code Boundary Map

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