Federal Dam, MN—56641
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Federal Dam, MN
As of Oct '25, the median home price in Federal Dam, MN is $259,000, with a year-over-year change of 4.6%. This indicates that home prices in Federal Dam, MN are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | 4.6% |
| Single Family | $259,000 | 4.4% |
| 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 — Federal Dam, MN
Federal Dam, 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 — Federal Dam, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Federal Dam, MN is 89. This is a increase of 172.0% from last year, suggesting that homes are sitting on the market longer 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 | $595,000 | 474.0% |
Listing Count | 2 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 89 | 172.0% |
Demographics — Federal Dam, MN
As of the latest ACS Survey released in 2023, Federal Dam, MN has a population of 359, which has increased by 11.5% over the past 5 years. Federal Dam, MN is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 359 | 11.5% |
% Under 18 | 24.2% | 3.9% |
% Seniors | 26.5% | 2.7% |
% WFH | 10.1% | 21.7% |
% w/ College Degree | 12.2% | -21.3% |
As of the latest ACS Survey released in 2023, Federal Dam, MN is a predominantly white area, with 42.1% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Federal Dam, MN is asian, making up 1.7% of the population. Foreign-born residents account for 3.9% of the population in Federal Dam, MN, and this percentage has increased by 56.0% 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 | 42.1% | -5.8% |
% Black | 0.6% | 0.0% |
% Hispanic | 0.6% | ∞% |
% Asian | 1.7% | -45.2% |
% Foreign Born | 3.9% | 56.0% |
Mortgage and Risk — Federal Dam, MN
Federal Dam, 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 |
Loan Activity
No data available
Rentals and Section 8 — Federal Dam, MN
Federal Dam, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $940 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Federal Dam, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $259,000 |
| Median Household Income | $46,200 |