Pease, MN56363

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$317,000
N/A
Household Income
$64,100
36.2% YoY Growth
Days on Market
89
2,200.0% Longer YoY
Home Price Forecast
N/A
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 — Pease, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Pease, MN is 89. This is a increase of 2200.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$317,00020.0%
Listing Count
4100.0%
Listings as % of HomesN/A100.0%
Days on Market
892,200.0%
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Demographics — Pease, MN

As of the latest ACS Survey released in 2023, Pease, MN has a population of 227, which has increased by 26.1% over the past 5 years. Pease, MN is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 5.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
22726.1%
% Under 18
21.1%-9.4%
% Seniors
14.1%27.0%
% WFH
8.9%-46.1%
% w/ College Degree
5.0%-43.2%
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As of the latest ACS Survey released in 2023, Pease, MN is a predominantly white area, with 96.9% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Pease, MN is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.0% of the population in Pease, MN, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.9%-2.0%
% Black
0.0%N/A
% Hispanic
1.8%∞%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Pease, MN

Pease, MN lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A
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Rentals and Section 8 — Pease, MN

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

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$940
2 BedroomN/AN/A$1,230
3 BedroomN/AN/A$1,500
4 BedroomN/AN/A$2,070

Affordability — Pease, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$64,100

Pease, MN — ZIP Code Boundary Map

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Frequently Asked Questions