Dilworth, MN—56529
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dilworth, MN
As of Oct '25, the median home price in Dilworth, MN is $287,000, with a year-over-year change of 4.1%. This indicates that home prices in Dilworth, MN are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | 4.1% |
| Single Family | $294,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dilworth, MN
As of July '25, Rentcast reports the average rent in Dilworth, MN is $1,130, with a year-over-year rent change of -22.1%. Per bedroom, the median rent as of July '25 in Dilworth, MN is studios: $450, 1-bedrooms: $1,060, 2-bedrooms: $847, 3-bedrooms: $2,250, 4-bedrooms: $2,200. The most common rental property sizes in Dilworth, MN are 1-bedroom and 3-bedroom, accounting for 38.0% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $1,130 |
| Studio Rent | $450 | $450 |
| 1 Bed Rent | $1,060 | $1,060 |
| 2 Bed Rent | $825 | $847 |
| 3 Bed Rent | $2,250 | $2,250 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Dilworth, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dilworth, MN is 55. This is a decrease of -24.0% 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 | $344,000 | -8.0% |
Listing Count | 25 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 55 | -24.0% |
Demographics — Dilworth, MN
As of the latest ACS Survey released in 2023, Dilworth, MN has a population of 4,660, which has increased by 6.7% over the past 5 years. Dilworth, MN is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 38.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,660 | 6.7% |
% Under 18 | 24.1% | -13.6% |
% Seniors | 12.8% | -13.5% |
% WFH | 3.2% | 33.3% |
% w/ College Degree | 38.2% | 33.1% |
As of the latest ACS Survey released in 2023, Dilworth, MN is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Dilworth, MN is hispanic, making up 5.9% of the population. Foreign-born residents account for 2.3% of the population in Dilworth, MN, and this percentage has decreased by 11.5% 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 | 86.9% | -0.9% |
% Black | 5.1% | 292.3% |
% Hispanic | 5.9% | -23.4% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 2.3% | -11.5% |
Mortgage and Risk — Dilworth, MN
According to HUD data as of 2023, there were 105 mortgage originations in Dilworth, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Dilworth, MN. Investor activity is low, as 10.0% 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 | 105 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Dilworth, MN
As of 2024, the percent of homes in Dilworth, MN under the Section 8 program is 30.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Dilworth, MN, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 127 |
Total Units Section 8 | 127 |
% Rentals under Section 8 | 30.8% |
% Occupied Section 8 | 80.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $1,060 | $830 |
| 2 Bedroom | $185 | $825 | $1,010 |
| 3 Bedroom | -$830 | $2,250 | $1,420 |
| 4 Bedroom | -$500 | $2,200 | $1,700 |
Affordability — Dilworth, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $287,000 |
| Median Household Income | $89,600 |