522 1st St SE · Madelia, MN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $888 – $1,650
Heat risk 2/10 · Minimal
- Hot days now (above 100°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +15.7/30.0
- ARV discount +7.2/15.0
- Appreciation +7.2/10.0
- DSCR +4.8/10.0
- Livability +4.0/5.0
- 1% rule +3.8/10.0
- Schools +3.5/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$175,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this spacious 5-bedroom, 2-bathroom home on a large corner lot in Madelia! With plenty of room, thoughtful updates throughout, and a functional layout designed for everyday living, this property offers the space and flexibility buyers are looking for. Whether you need extra bedrooms, office space, hobby areas, or room for entertaining, this home delivers versatility and value. The main living area features a fireplace and flows into a practical floor plan designed for everyday living and entertaining. With five bedrooms, there is flexibility for a home office, hobby space, guest rooms, or additional storage needs. Outside, the large corner lot provides added outdoor space and convenient access around the property. The home has been well cared for and offers a great opportunity for buyers looking for space and updates. If you’ve been searching for a property with room and a comfortable layout, this home is worth a look. Schedule your private showing today!
Key facts
- Practical floor plan
- Large corner lot
- Outdoor space
Tags
Property features AI
Exterior
- Parking: Shared driveway; 1-car garage (17' x 23')
- Utilities: City water (in street); City sewer (in street); Natural gas; Electric with circuit breakers
- Home design: Residential property; One level; Main level primary bedroom
- Construction: Block and frame construction; Block foundation; Built with an existing foundation area of 1,072
- Exterior features: Vinyl exterior; Corner lot; Irregular lot shape
Interior
- Kitchen: Dishwasher; Range; Refrigerator
- Bedrooms: 5 bedrooms (main floor primary bedroom)
- Flooring: Hardwood floors
- Bathrooms: 1 full bathroom on main floor; 1 half bathroom in basement
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Hardwood floors; Informal dining room; Partially finished basement; Fireplace (1)
- Laundry & utility: Washer; Dryer (laundry in basement)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/2.0-bath single-family listed at $175k.
Deal economics
- At list price, monthly cash flow is $77 ($920/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $153k (12.4% below list).
- Recommended offer: $153k (12.4% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 81/100 on livability (#60 in MN, #1,406 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
- Madelia Public School District (rural): math 40% / reading 42% proficiency, ranked #215 of 301 in MN (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 20 active listings in the ZIP; 4 units permitted in Watonwan County in 2024 (0 in 5+ unit buildings).
Forward outlook
- In year one you build about $9k of equity ($1k loan paydown + $8k appreciation (4.3% local appreciation)).
- Watonwan County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (4.3% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~5 years — after that, you're playing with house money.
- By year 5, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
- 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.88% ✗
- Cap rate
- 6.82%
- Cash-on-cash
- 1.88%
- DSCR
- 1.08
- GRM
- 9.5
CMA / ARV
- ARV (median comp)
- $173,751
- List price
- $175,000
- Delta
- 0.72%
- Verdict
- FAIR
- Comps
- 5 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 222 N Center Ave | 0.60mi | 4/1.5 (-1) | 1,698 (+2%) | 6mo | $180,000 | $106 | 58 |
| 225 SE Adams Ave | 0.49mi | 4/2.0 (-1) | 1,548 (-7%) | 15mo | $219,000 | $141 | 48 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
4.32% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 12.8%
- Equity multiple
- 1.79×
- Total profit
- $38,516
- Equity at exit
- $92,065
- IRR
- 14.0%
- Equity multiple
- 3.36×
- Total profit
- $115,619
- Equity at exit
- $153,306
Cash invested: $49,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 46 Balanced
- State Minnesota
- 46 Balanced · D+2
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 56062
- Home prices YoY
- 1.5%
- Active inventory
- 20
- Price-to-rent
- 9.5×
Monthly cashflow live
- Estimated rent
- $1,534 medium interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax from tax record
- −$144 /mo · $1,730/yr
- Insurance
- −$73
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$322
- Net cashflow
- $77
Break-even live
Sensitivity live
| Price | -10% $176 | -5% $126 | +0% $77 | +5% $27 | +10% $-22 |
|---|---|---|---|---|---|
| Rent | -10% $-44 | -5% $16 | +0% $77 | +5% $137 | +10% $198 |
| Rate | -1.0pp $165 | -0.5pp $121 | base $77 | +0.5pp $31 | +1.0pp $-15 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $43,750
- Closing costs
- $5,250
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 26 events
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2026-05-13$175,000 Active 985-char remark
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2026-05-11$175,000 Active 986-char remark
Show marketing remark (986 chars)
Welcome to this spacious 5-bedroom, 2-bathroom home on a large corner lot in Madelia! With plenty of room, thoughtful updates throughout, and a functional layout designed for everyday living, this property offers the space and flexibility buyers are looking for. Whether you need extra bedrooms, office space, hobby areas, or room for entertaining, this home delivers versatility and value. The main living area features a fireplace and flows into a practical floor plan designed for everyday living and entertaining. With five bedrooms, there is flexibility for a home office, hobby space, guest rooms, or additional storage needs. Outside, the large corner lot provides added outdoor space and convenient access around the property. The home has been well cared for and offers a great opportunity for buyers looking for space and updates. If you’ve been searching for a property with room and a comfortable layout, this home is worth a look. Schedule your private showing today!
-
2025-08-25soldstatus $166,500
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2025-08-19soldstatus $166,500 Sold
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-08-19soldstatus $166,500 Closed
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-07-25status Pending
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-07-22price $175,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
-
2025-07-17price $180,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
-
2025-07-17price $180,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-07-10price $185,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
-
2025-07-10price $185,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-07-08price $190,000
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2025-07-07price $190,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-06-30price $195,000
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2025-06-29price $195,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-06-18price $199,900
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-06-02price $205,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-05-20price $207,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-05-06price $210,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-04-21price $215,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-04-10$220,000 Active
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-04-08historical $220,000
Show marketing remark (822 chars)
Charming 5-Bedroom Home on a Corner Lot in Madelia! Welcome to this beautifully maintained 5-bedroom, 2-bathroom home situated on a spacious corner lot in the heart of Madelia. From the moment you arrive, you’ll notice the care and attention the current owners have poured into this property with numerous thoughtful updates throughout. Step inside and feel instantly at home with a warm, inviting living space featuring a cozy fireplace—perfect for those Minnesota evenings. With five bedrooms, there’s plenty of space to spread out, whether you're hosting guests, working from home, or simply looking for room to grow. The charm of this home is undeniable, blending character with modern updates in all the right places. Homes like this don’t come around often—schedule your showing today!
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2025-04-07$199,900 Active
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2004-09-15soldstatus $95,000
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2000-08-31soldstatus $78,900
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1998-03-23soldstatus $66,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MN · Partial reset (capped growth)
- Current annual tax
- $1,730 · $144/mo
- Projected year-2 tax
- $1,845 · $154/mo
- Expected delta
- +$115/yr (+$10/mo · 6.6%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 2/10 Low 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,402
- − Mortgage interest
- −$9,803
- − Property taxes
- −$1,730
- − Insurance
- −$875
- − Repairs & maintenance
- −$1,472
- − Management
- −$1,472
- − Depreciation
- −$5,091
- Taxable loss
- −$2,041
- Est. tax savings @ 24.0%
- +$490
- After-tax cash flow
- $1,410/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Madelia Public School District
- NCES district ID
- 2718570
- Math proficiency
- 40% ▼ -11.00%
- Reading proficiency
- 42% ▼ -11.00%
- Median HH income
- $51,097
- Composite
- 35.43/100
- National rank
- #4934
- State rank
- #215 of 301 in MN
Livability — Madelia
- Score
- 81/100
- State rank
- #60
- US rank
- #1406
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Madelia, MN
- City population
- 3,249
- Population (ZIP)
- 3,249
Population outlook (Watonwan County) Hauer SSP2
- Today (2025)
- 10,579 people
- By 2030
- 10,354 · -2.1%
- By 2040
- 9,923 · -6.2%
- By 2050
- 9,558 · -9.7%
- By 2075
- 9,236 · -12.7%
- By 2100
- 8,812 · -16.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (73%)
- Race & ethnicity
- White 73% Hispanic / Latino 26% Two or more races 12%
- Hispanic origin (detail)
- Mexican 19%
- Common ancestry
- Portuguese 19% Lithuanian 2% Romanian 2%
- Foreign-born
- 10% · Canada, Jamaica
- Languages at home
- 83% English-only · Spanish 16%
Political lean MEDSL · Watonwan
- 2024 margin
- Strong R (+27.8) · D 35.1% · R 62.9% · Other 2.0%
- 2008→2024 swing
- -28.5pp toward R · 2008: 0.7pp · 2024: -27.8pp
- All cycles
- 2024: R+27.8 2020: R+21.5 2016: R+19.2 2012: R+0.5 2008: D+0.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 4.32%
- Current HPI
- 296.7645
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 2.41%
- F500 in state
- 34
Industry mix (Fortune 500 HQ in MN)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Healthcare | 2 | $407B |
|
||
| Retail | 2 | $150B |
|
||
| Consumer Goods | 2 | $32B |
|
||
| Industrial Machinery | 2 | $6B |
|
||
| Agriculture | 1 | $40B |
|
||
| Healthcare / Medical Devices | 1 | $32B |
|
||
Price history
+165.2% since first listed28 events — show timeline
- 2026-05-23 Pending — RASM
- 2026-05-22 Pending — NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-13 Listed $175,000 NORTHSTARMLS as Distributed by MLS Grid
- 2026-05-11 Listed $175,000 RASM
- 2025-08-25 Sold (Public Records) $166,500 Public Records
- 2025-08-19 Sold (MLS) $166,500 NORTHSTARMLS as Distributed by MLS Grid
- 2025-08-19 Sold (MLS) $166,500 RASM
- 2025-07-25 Pending — RASM
- 2025-07-22 Price Changed $175,000 RASM
- 2025-07-17 Price Changed $180,000 RASM
- 2025-07-17 Price Changed $180,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-07-10 Price Changed $185,000 RASM
- 2025-07-10 Price Changed $185,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-07-08 Price Changed $190,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-07-07 Price Changed $190,000 RASM
- 2025-06-30 Price Changed $195,000 NORTHSTARMLS as Distributed by MLS Grid
- 2025-06-29 Price Changed $195,000 RASM
- 2025-06-18 Price Changed $199,900 RASM
- 2025-06-02 Price Changed $205,000 RASM
- 2025-05-20 Price Changed $207,000 RASM
- 2025-05-06 Price Changed $210,000 RASM
- 2025-04-21 Price Changed $215,000 RASM
- 2025-04-10 Listed $220,000 RASM
- 2025-04-08 Coming Soon $220,000 RASM
- 2025-04-07 Listed $199,900 NORTHSTARMLS as Distributed by MLS Grid
- 2004-09-15 Sold (Public Records) $95,000 Public Records
- 2000-08-31 Sold (Public Records) $78,900 Public Records
- 1998-03-23 Sold (Public Records) $66,000 Public Records
Property tax history
+5.4%/yrLatest (2025): $1,730 · +7.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
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