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Borup, MN—56519

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$165,000
N/A
Household Income
$62,700
3.1% YoY Growth
Days on Market
57
367.0% 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Borup, MN

Borup, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    1.5%
    2 Bedrooms
    24.3%
    3 Bedrooms
    33.8%
    4 Bedrooms
    30.9%
    5+ Bedrooms
    8.8%

    Rental Trends — Borup, MN

    Borup, MN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    6.2%
    2 Bedrooms
    31.2%
    3 Bedrooms
    56.2%
    4 Bedrooms
    6.2%

    Property Listings — Borup, MN

    Borup, MN lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$165,000-69.0%
    Listing Count
    		2167.0%
    Listings as % of HomesN/A167.0%
    Days on Market
    		57367.0%
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    Demographics — Borup, MN

    As of the latest ACS Survey released in 2023, Borup, MN has a population of 309, which has increased by 33.2% over the past 5 years. Borup, MN is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		30933.2%
    % Under 18
    		23.3%42.1%
    % Seniors
    		28.8%13.4%
    % WFH
    		2.4%-82.5%
    % w/ College Degree
    		12.0%8.1%
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    As of the latest ACS Survey released in 2023, Borup, MN is a predominantly white area, with 83.2% of the population identifying as white. The white population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Borup, MN is hispanic, making up 4.5% of the population. Foreign-born residents account for 1.0% of the population in Borup, MN, and this percentage has increased by 11.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		83.2%4.9%
    % Black
    		1.0%∞%
    % Hispanic
    		4.5%-73.8%
    % Asian
    		1.0%11.1%
    % Foreign Born
    		1.0%11.1%
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    Mortgage and Risk — Borup, MN

    Borup, 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 — Borup, MN

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

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,070
    2 BedroomN/AN/A$1,380
    3 BedroomN/AN/A$1,710
    4 BedroomN/AN/A$2,050

    Affordability — Borup, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$62,700

    Borup, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Felton, MN

    56536

    Georgetown, MN

    56546

    Ulen, MN

    56585

    Glyndon, MN

    56547

    Hitterdal, MN

    56552

    Frequently Asked Questions