Borup, MN 56519 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Borup, MN

Borup, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Borup, MN

Borup, 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

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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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$165,000	N/A
Listing Count	2	N/A
Listings as % of Homes	N/A	N/A
Days on Market	39	N/A

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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.

Metric	Latest Census	YoY % Change
Population	309	33.2%
% 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

Metric	Latest Census	5-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

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

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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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,070
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	N/A	N/A	$1,710
4 Bedroom	N/A	N/A	$2,050

Borup, MN—56519

Key Metrics at a Glance

Home Price Trends — Borup, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Borup, MN

% of Rental Stock

Property Listings — Borup, MN

Demographics — Borup, MN

Race and Ethnicity

Mortgage and Risk — Borup, MN

Mortgages

Rentals and Section 8 — Borup, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Borup, MN

Home Price to Income Ratio

Borup, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Felton, MN

Georgetown, MN

Ulen, MN

Glyndon, MN

Hitterdal, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$62,700

Borup, MN—56519

Key Metrics at a Glance

Home Price Trends — Borup, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Borup, MN

% of Rental Stock

Property Listings — Borup, MN

Demographics — Borup, MN

Race and Ethnicity

Mortgage and Risk — Borup, MN

Mortgages

Rentals and Section 8 — Borup, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Borup, MN

Home Price to Income Ratio

Borup, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Felton, MN

Georgetown, MN

Ulen, MN

Glyndon, MN

Hitterdal, MN

Frequently Asked Questions

What is the average home price in Borup, MN 56519?

How have home prices in Borup, MN 56519 changed over the past year?

What is the home price projection for Borup, MN 56519?

What are the demographics of Borup, MN 56519?

How long does it take homes to sell in Borup, MN 56519?

What is the average rent price in Borup, MN 56519?