Wolford, MN 56441 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wolford, MN—56441

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$233,000

1.7% YoY Growth

Household Income

$50,700

16.9% YoY Growth

Days on Market

5.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$1,050

23.8% YoY Growth

1-Bed Rent

$1,050

16.7% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Wolford, MN

As of Nov '25, the median home price in Wolford, MN is $233,000, with a year-over-year change of -1.7%. This indicates that home prices in Wolford, MN are decreasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$233,000	-1.7%
Single Family	$233,000	-1.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wolford, MN

As of July '25, Rentcast reports the average rent in Wolford, MN is $1,300, with a year-over-year rent change of 23.8%. Per bedroom, the median rent as of July '25 in Wolford, MN is 1-bedrooms: $1,050, 4-bedrooms: $1,550. The most common rental property sizes in Wolford, MN are 1-bedroom and 2-bedroom, accounting for 42.5% and 41.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,050	$1,300
Studio Rent	N/A	N/A
1 Bed Rent	$1,050	$1,050
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	$1,550	$1,550

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% of Rental Stock

Studio

5.8%

1 Bedroom

42.5%

2 Bedrooms

41.4%

3 Bedrooms

3.4%

4 Bedrooms

5.6%

5+ Bedrooms

1.3%

Property Listings — Wolford, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Wolford, MN is 59. This is a increase of 5.0% 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	$464,000	82.0%
Listing Count	20	44.0%
Listings as % of Homes	0.5%	44.0%
Days on Market	59	5.0%

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Demographics — Wolford, MN

As of the latest ACS Survey released in 2023, Wolford, MN has a population of 3,330, which has decreased by -13.5% over the past 5 years. Wolford, MN is a moderately popular place for families, as children make up 15.7% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,330	-13.5%
% Under 18	15.7%	-22.7%
% Seniors	32.1%	28.9%
% WFH	5.0%	92.3%
% w/ College Degree	18.5%	17.8%

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As of the latest ACS Survey released in 2023, Wolford, MN is a predominantly white area, with 92.9% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Wolford, MN is black, making up 0.5% of the population. Foreign-born residents account for 0.8% of the population in Wolford, MN, and this percentage has decreased by 60.0% 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	92.9%	1.5%
% Black	0.5%	150.0%
% Hispanic	0.4%	-90.0%
% Asian	0.0%	-100.0%
% Foreign Born	0.8%	-60.0%

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Mortgage and Risk — Wolford, MN

According to HUD data as of 2023, there were 112 mortgage originations in Wolford, MN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Wolford, MN. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	112
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	3.0%
% Second Loans	18.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Wolford, MN

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

Section 8 Market Size

Total Units under HUD	137
Total Units Section 8	78
% Rentals under Section 8	N/A
% Occupied Section 8	79.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$290	$1,050	$760
2 Bedroom	N/A	N/A	$1,000
3 Bedroom	N/A	N/A	$1,240
4 Bedroom	-$130	$1,550	$1,420

Wolford, MN—56441

Key Metrics at a Glance

Home Price Trends — Wolford, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wolford, MN

% of Rental Stock

Property Listings — Wolford, MN

Demographics — Wolford, MN

Race and Ethnicity

Mortgage and Risk — Wolford, MN

Mortgages

Rentals and Section 8 — Wolford, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Wolford, MN

Home Price to Income Ratio

Wolford, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Merrifield, MN

Ironton, MN

Crosslake, MN

Emily, MN

Deerwood, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$233,000
Median Household Income	$50,700

Wolford, MN—56441

Key Metrics at a Glance

Home Price Trends — Wolford, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wolford, MN

% of Rental Stock

Property Listings — Wolford, MN

Demographics — Wolford, MN

Race and Ethnicity

Mortgage and Risk — Wolford, MN

Mortgages

Rentals and Section 8 — Wolford, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Wolford, MN

Home Price to Income Ratio

Wolford, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Merrifield, MN

Ironton, MN

Crosslake, MN

Emily, MN

Deerwood, MN

Frequently Asked Questions

What is the average home price in Wolford, MN 56441?

How have home prices in Wolford, MN 56441 changed over the past year?

What is the home price projection for Wolford, MN 56441?

What are the demographics of Wolford, MN 56441?

How long does it take homes to sell in Wolford, MN 56441?

What is the average rent price in Wolford, MN 56441?