Laporte, MN—56461
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laporte, MN
Laporte, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $298,000 | 2.5% |
| Single Family | $298,000 | 1.7% |
| 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 | 0.7% |
3 Bed | $325,000 | 1.6% |
4 Bed | $389,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laporte, MN
Laporte, 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 — Laporte, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Laporte, MN is 50. This is a decrease of -29.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | -10.0% |
Listing Count | 25 | 65.0% |
| Listings as % of Homes | 0.4% | 65.0% |
Days on Market | 50 | -29.0% |
Demographics — Laporte, MN
As of the latest ACS Survey released in 2023, Laporte, MN has a population of 3,320, which has remained stable by -0.9% over the past 5 years. Laporte, MN is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 29.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,320 | -0.9% |
% Under 18 | 22.9% | 1.8% |
% Seniors | 19.7% | -4.4% |
% WFH | 7.6% | 4.1% |
% w/ College Degree | 29.8% | 16.4% |
As of the latest ACS Survey released in 2023, Laporte, MN is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Laporte, MN is hispanic, making up 4.9% of the population. Foreign-born residents account for 1.2% of the population in Laporte, MN, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.7% | -3.5% |
% Black | 0.7% | ∞% |
% Hispanic | 4.9% | 276.9% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 1.2% | 33.3% |
Mortgage and Risk — Laporte, MN
According to HUD data as of 2023, there were 33 mortgage originations in Laporte, MN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Laporte, MN. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Laporte, MN
Laporte, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
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 | $770 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Laporte, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $298,000 |
| Median Household Income | $77,700 |