Avon, MN—56310
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avon, MN
As of Oct '25, the median home price in Avon, MN is $381,000, with a year-over-year change of 5.5%. This indicates that home prices in Avon, 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 | $381,000 | 5.5% |
| Single Family | $381,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $309,000 | 4.0% |
3 Bed | $387,000 | 4.9% |
4 Bed | $422,000 | 5.8% |
| 5 Bed | $530,000 | 5.6% |
% of Housing Stock
Rental Trends — Avon, MN
As of July '25, Rentcast reports the average rent in Avon, MN is $825, with a year-over-year rent change of 37.5%. Per bedroom, the median rent as of July '25 in Avon, MN is 1-bedrooms: $825. The most common rental property sizes in Avon, MN are 5+ bedroom and 2-bedroom, accounting for 35.8% and 23.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $825 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $825 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Avon, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Avon, MN is 43. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | 20.0% |
Listing Count | 16 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 43 | 14.0% |
Demographics — Avon, MN
As of the latest ACS Survey released in 2023, Avon, MN has a population of 5,360, which has decreased by -1.2% over the past 5 years. Avon, MN is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,360 | -1.2% |
% Under 18 | 23.4% | 4.0% |
% Seniors | 15.0% | -13.3% |
% WFH | 7.1% | 24.6% |
% w/ College Degree | 26.2% | 15.4% |
As of the latest ACS Survey released in 2023, Avon, MN is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Avon, MN is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.8% of the population in Avon, MN, and this percentage has increased by 60.0% 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 | 97.5% | -1.7% |
% Black | 0.0% | N/A |
% Hispanic | 0.7% | 40.0% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 0.8% | 60.0% |
Mortgage and Risk — Avon, MN
According to HUD data as of 2023, there were 65 mortgage originations in Avon, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Avon, MN. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Avon, MN
Avon, 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 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $825 | $820 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Avon, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $381,000 |
| Median Household Income | $104,000 |