Miltona, MN—56354
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Miltona, MN
As of Oct '25, the median home price in Miltona, MN is $345,000, with a year-over-year change of -0.2%. This indicates that home prices in Miltona, MN are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $345,000 | -0.2% |
| Single Family | $345,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Miltona, MN
Miltona, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Miltona, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Miltona, MN is 84. This is a increase of 16.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $524,000 | 5.0% |
Listing Count | 9 | 14.0% |
| Listings as % of Homes | 0.1% | 14.0% |
Days on Market | 84 | 16.0% |
Demographics — Miltona, MN
As of the latest ACS Survey released in 2023, Miltona, MN has a population of 1,370, which has decreased by -1.1% over the past 5 years. Miltona, MN is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,370 | -1.1% |
% Under 18 | 20.1% | 8.1% |
% Seniors | 24.6% | 1.2% |
% WFH | 10.1% | 77.2% |
% w/ College Degree | 19.9% | -7.4% |
As of the latest ACS Survey released in 2023, Miltona, MN is a predominantly white area, with 97.2% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Miltona, MN is hispanic, making up 0.5% of the population. Foreign-born residents account for 0.1% of the population in Miltona, MN, and this percentage has decreased by 50.0% 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 | 97.2% | -0.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.5% | -64.3% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.1% | -50.0% |
Mortgage and Risk — Miltona, MN
According to HUD data as of 2023, there were 59 mortgage originations in Miltona, MN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Miltona, MN. Investor activity is low, as 5.0% 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 | 59 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 5.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Miltona, MN
Miltona, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Miltona, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $345,000 |
| Median Household Income | $85,500 |