Royalton, MN—56373
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Royalton, MN
Royalton, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $350,000 | 3.2% |
| Single Family | $350,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $289,000 | 2.5% |
3 Bed | $348,000 | 2.7% |
4 Bed | $384,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Royalton, MN
As of July '25, Rentcast reports the average rent in Royalton, MN is $895, with a year-over-year rent change of 8.5%. Per bedroom, the median rent as of July '25 in Royalton, MN is 2-bedrooms: $895. The most common rental property sizes in Royalton, MN are 1-bedroom and 2-bedroom, accounting for 30.1% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $895 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $895 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Royalton, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Royalton, MN is 15. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | -8.0% |
Listing Count | 7 | -50.0% |
| Listings as % of Homes | 0.3% | -50.0% |
Days on Market | 15 | -11.0% |
Demographics — Royalton, MN
As of the latest ACS Survey released in 2023, Royalton, MN has a population of 3,250, which has increased by 2.9% over the past 5 years. Royalton, MN is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 19.1% 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 | 3,250 | 2.9% |
% Under 18 | 26.5% | 1.1% |
% Seniors | 13.9% | 3.0% |
% WFH | 10.1% | 44.3% |
% w/ College Degree | 19.1% | 0.0% |
As of the latest ACS Survey released in 2023, Royalton, MN is a predominantly white area, with 95.1% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Royalton, MN is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.2% of the population in Royalton, MN, and this percentage has decreased by 87.5% 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 | 95.1% | 0.6% |
% Black | 0.7% | ∞% |
% Hispanic | 1.5% | -50.0% |
% Asian | 0.1% | -85.7% |
% Foreign Born | 0.2% | -87.5% |
Mortgage and Risk — Royalton, MN
Royalton, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
Rentals and Section 8 — Royalton, MN
Royalton, 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 | 2.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | $145 | $895 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Royalton, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $350,000 |
| Median Household Income | $91,500 |