Saint Cloud, MN—56301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Cloud, MN
As of Oct '25, the median home price in Saint Cloud, MN is $307,000, with a year-over-year change of 4.4%. This indicates that home prices in Saint Cloud, MN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 4.4% |
| Single Family | $310,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $253,000 | 5.0% |
3 Bed | $295,000 | 4.6% |
4 Bed | $346,000 | 3.9% |
| 5 Bed | $385,000 | 3.8% |
% of Housing Stock
Rental Trends — Saint Cloud, MN
As of July '25, Rentcast reports the average rent in Saint Cloud, MN is $1,090, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Saint Cloud, MN is studios: $880, 1-bedrooms: $690, 2-bedrooms: $1,350, 3-bedrooms: $1,620, 4-bedrooms: $1,060. The most common rental property sizes in Saint Cloud, MN are 2-bedroom and 4-bedroom, accounting for 34.6% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,090 |
| Studio Rent | $880 | $880 |
| 1 Bed Rent | $695 | $690 |
| 2 Bed Rent | $1,120 | $1,350 |
| 3 Bed Rent | $1,350 | $1,620 |
| 4 Bed Rent | $1,250 | $1,060 |
% of Rental Stock
Property Listings — Saint Cloud, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Cloud, MN is 46. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | -5.0% |
Listing Count | 131 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 46 | 0.0% |
Demographics — Saint Cloud, MN
As of the latest ACS Survey released in 2023, Saint Cloud, MN has a population of 34,900, which has remained stable by -0.5% over the past 5 years. Saint Cloud, MN is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 32.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,900 | -0.5% |
% Under 18 | 22.3% | 9.3% |
% Seniors | 10.9% | 17.2% |
% WFH | 8.3% | 84.4% |
% w/ College Degree | 32.5% | 0.3% |
As of the latest ACS Survey released in 2023, Saint Cloud, MN is a predominantly white area, with 65.9% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Saint Cloud, MN is black, making up 20.0% of the population. Foreign-born residents account for 16.2% of the population in Saint Cloud, MN, and this percentage has increased by 20.9% 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 | 65.9% | -13.6% |
% Black | 20.0% | 41.8% |
% Hispanic | 6.0% | 130.8% |
% Asian | 4.3% | 19.4% |
% Foreign Born | 16.2% | 20.9% |
Mortgage and Risk — Saint Cloud, MN
According to HUD data as of 2023, there were 481 mortgage originations in Saint Cloud, MN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Saint Cloud, MN. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 481 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Saint Cloud, MN
As of 2024, the percent of homes in Saint Cloud, MN under the Section 8 program is 9.2%. 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. In Saint Cloud, MN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 607 |
Total Units Section 8 | 566 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 87.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $265 | $695 | $960 |
| 2 Bedroom | $130 | $1,120 | $1,250 |
| 3 Bedroom | $290 | $1,350 | $1,640 |
| 4 Bedroom | $700 | $1,250 | $1,950 |
Affordability — Saint Cloud, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $307,000 |
| Median Household Income | $69,700 |