Nisswa, MN 56468 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Nisswa, MN—56468

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$589,000

3.7% YoY Growth

Household Income

$104,000

53.3% YoY Growth

Days on Market

7.0% Shorter YoY

Home Price Forecast

3.0%

Median Rent

$1,800

9.8% YoY Growth

1-Bed Rent

$2,500

N/A

2-Bed Rent

$1,200

23.1% YoY Growth

3-Bed Rent

$1,800

8.2% YoY Growth

Home Price Trends — Nisswa, MN

As of Nov '25, the median home price in Nisswa, MN is $589,000, with a year-over-year change of 3.7%. This indicates that home prices in Nisswa, MN are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$589,000	3.7%
Single Family	$590,000	3.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Nisswa, MN

As of July '25, Rentcast reports the average rent in Nisswa, MN is $1,680, with a year-over-year rent change of 9.8%. Per bedroom, the median rent as of July '25 in Nisswa, MN is 1-bedrooms: $2,500, 2-bedrooms: $1,200, 3-bedrooms: $1,570. The most common rental property sizes in Nisswa, MN are 3-bedroom and 2-bedroom, accounting for 40.6% and 36.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,680
Studio Rent	N/A	N/A
1 Bed Rent	$2,500	$2,500
2 Bed Rent	$1,200	$1,200
3 Bed Rent	$1,800	$1,570
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

11.9%

2 Bedrooms

36.6%

3 Bedrooms

40.6%

4 Bedrooms

5.0%

5+ Bedrooms

5.9%

Property Listings — Nisswa, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Nisswa, MN is 79. This is a decrease of -7.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$727,000	12.0%
Listing Count	45	9.0%
Listings as % of Homes	0.9%	9.0%
Days on Market	79	-7.0%

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Demographics — Nisswa, MN

As of the latest ACS Survey released in 2023, Nisswa, MN has a population of 4,370, which has decreased by -2.6% over the past 5 years. Nisswa, MN is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 42.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,370	-2.6%
% Under 18	15.2%	-7.3%
% Seniors	27.3%	1.1%
% WFH	12.1%	26.0%
% w/ College Degree	42.4%	11.6%

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As of the latest ACS Survey released in 2023, Nisswa, MN is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Nisswa, MN is hispanic, making up 1.7% of the population. Foreign-born residents account for 2.8% of the population in Nisswa, MN, and this percentage has increased by 75.0% 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	93.6%	-4.6%
% Black	0.6%	∞%
% Hispanic	1.7%	70.0%
% Asian	0.1%	-75.0%
% Foreign Born	2.8%	75.0%

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Mortgage and Risk — Nisswa, MN

According to HUD data as of 2023, there were 128 mortgage originations in Nisswa, MN, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Nisswa, MN. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	128
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	2.0%
% Second Loans	30.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Nisswa, MN

Nisswa, 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	-$1,590	$2,500	$910
2 Bedroom	-$70	$1,200	$1,130
3 Bedroom	-$390	$1,800	$1,410
4 Bedroom	N/A	N/A	$1,690

Nisswa, MN—56468

Key Metrics at a Glance

Home Price Trends — Nisswa, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nisswa, MN

% of Rental Stock

Property Listings — Nisswa, MN

Demographics — Nisswa, MN

Race and Ethnicity

Mortgage and Risk — Nisswa, MN

Mortgages

Rentals and Section 8 — Nisswa, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Nisswa, MN

Home Price to Income Ratio

Nisswa, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Pequot Lakes, MN

Baxter, MN

Merrifield, MN

Pillager, MN

Brainerd, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$589,000
Median Household Income	$104,000

Nisswa, MN—56468

Key Metrics at a Glance

Home Price Trends — Nisswa, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nisswa, MN

% of Rental Stock

Property Listings — Nisswa, MN

Demographics — Nisswa, MN

Race and Ethnicity

Mortgage and Risk — Nisswa, MN

Mortgages

Rentals and Section 8 — Nisswa, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Nisswa, MN

Home Price to Income Ratio

Nisswa, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Pequot Lakes, MN

Baxter, MN

Merrifield, MN

Pillager, MN

Brainerd, MN

Frequently Asked Questions

What is the average home price in Nisswa, MN 56468?

How have home prices in Nisswa, MN 56468 changed over the past year?

What is the home price projection for Nisswa, MN 56468?

What are the demographics of Nisswa, MN 56468?

How long does it take homes to sell in Nisswa, MN 56468?

What is the average rent price in Nisswa, MN 56468?