Osakis, MN 56360 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Osakis, MN—56360

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$270,000

0.1% YoY Growth

Household Income

$65,400

22.6% YoY Growth

Days on Market

11.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,280

121.8% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,280

N/A

3-Bed Rent

N/A

Home Price Trends — Osakis, MN

Osakis, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$270,000	0.1%
Single Family	$272,000	0.0%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Osakis, MN

As of July '25, Rentcast reports the average rent in Osakis, MN is $1,280, with a year-over-year rent change of 121.8%. Per bedroom, the median rent as of July '25 in Osakis, MN is 2-bedrooms: $1,280. The most common rental property sizes in Osakis, MN are 1-bedroom and 2-bedroom, accounting for 43.2% and 22.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,280	$1,280
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,280	$1,280
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.3%

1 Bedroom

43.2%

2 Bedrooms

22.4%

3 Bedrooms

21.1%

4 Bedrooms

5.0%

5+ Bedrooms

3.0%

Property Listings — Osakis, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Osakis, MN is 78. This is a increase of 11.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$309,000	-14.0%
Listing Count	21	5.0%
Listings as % of Homes	0.3%	5.0%
Days on Market	78	11.0%

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Demographics — Osakis, MN

As of the latest ACS Survey released in 2023, Osakis, MN has a population of 3,740, which has remained stable by 0.2% over the past 5 years. Osakis, MN is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,740	0.2%
% Under 18	18.9%	-10.0%
% Seniors	29.7%	19.3%
% WFH	9.8%	8.9%
% w/ College Degree	19.5%	14.0%

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As of the latest ACS Survey released in 2023, Osakis, MN is a predominantly white area, with 96.9% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Osakis, MN is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.3% of the population in Osakis, MN, and this percentage has decreased by 40.0% 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	96.9%	-1.1%
% Black	0.5%	150.0%
% Hispanic	0.8%	33.3%
% Asian	0.2%	∞%
% Foreign Born	0.3%	-40.0%

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Mortgage and Risk — Osakis, MN

According to HUD data as of 2023, there were 97 mortgage originations in Osakis, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Osakis, MN. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	97
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	3.0%
% Second Loans	19.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Osakis, MN

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

Section 8 Market Size

Total Units under HUD	19
Total Units Section 8	12
% Rentals under Section 8	3.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$840
2 Bedroom	-$200	$1,280	$1,080
3 Bedroom	N/A	N/A	$1,430
4 Bedroom	N/A	N/A	$1,700

Osakis, MN—56360

Key Metrics at a Glance

Home Price Trends — Osakis, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Osakis, MN

% of Rental Stock

Property Listings — Osakis, MN

Demographics — Osakis, MN

Race and Ethnicity

Mortgage and Risk — Osakis, MN

Mortgages

Rentals and Section 8 — Osakis, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Osakis, MN

Home Price to Income Ratio

Osakis, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Carlos, MN

Carlos, MN

Westport, MN

Sauk Centre, MN

Miltona, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$270,000
Median Household Income	$65,400

Osakis, MN—56360

Key Metrics at a Glance

Home Price Trends — Osakis, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Osakis, MN

% of Rental Stock

Property Listings — Osakis, MN

Demographics — Osakis, MN

Race and Ethnicity

Mortgage and Risk — Osakis, MN

Mortgages

Rentals and Section 8 — Osakis, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Osakis, MN

Home Price to Income Ratio

Osakis, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Carlos, MN

Carlos, MN

Westport, MN

Sauk Centre, MN

Miltona, MN

Frequently Asked Questions

What is the average home price in Osakis, MN 56360?

How have home prices in Osakis, MN 56360 changed over the past year?

What is the home price projection for Osakis, MN 56360?

What are the demographics of Osakis, MN 56360?

How long does it take homes to sell in Osakis, MN 56360?

What is the average rent price in Osakis, MN 56360?