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Maple Grove, Minnesota

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $154K, +3.7% YoY (ZIP); renters hold 13.3% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +8.6% YoY. inventory, +12.2% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $581,002 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

1 ZIP in this city:55311

Median Listing Price

$581K

Population

38,472

14,080

Median Days on Market

Active Listings

139

New Listings

Housing Market

The median listing price is up 8.6% YoY while the median home got up 1.9% bigger, so value per square foot is up 2.0%.

Pricing

Median Listing Price

$581K+8.6% YoY

Average Listing Price

$762K+18.9% YoY

Price per Sq Ft

$200+2.0% YoY

Median Sq Ft

2,876+1.9% YoY

Inventory

Active Listings

139+33.7% YoY

New Listings

56-9.7% YoY

Total Listings

184+12.2% YoY

Buyer Competition

Pending Listings

45-27.4% YoY

Pending Ratio

0.32-45.5% YoY

Median Days on Market

42+13.5% YoY

Price Reduced

18.3%-15.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 571,527

572Kunits

Occupied539,49394.4%

Vacant32,0345.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 539,493

539Koccupied

Owner338,26362.7%

Renter201,23037.3%

Renter Share

37.3%+0.7% YoY

Total Housing Units

571,527+1.3% YoY

FY2026 Fair Market Rent

CountyHennepin County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,242

/month

1 BR

$1,405

/month

2 BR

$1,709

/month

3 BR

$2,262

/month

4 BR

$2,531

/month

FMR trends · Hennepin County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 13.3% of this ZIP's 14,080 occupied households, on a median household income of $154K.

Population & Age

Total Population

38,472+1.6% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 38,472

38Kresidents

Under 1810,31826.8%

Adults 18–6423,04359.9%

65 & Over5,11113.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

41.20+0.2% YoY

Population Under 18

10,318+0.2% YoY

Population 65 & Over

5,111+5.2% YoY

Households & Mobility

Total Households

14,080+1.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.73+0.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house90.8%

Moved (within US)8.9%

Other0.3%

Veterans

5.9%+13.5% YoY

Income & Poverty

Median Household Income

$154K+3.7% YoY

Per-Capita Income

$70K+6.3% YoY

Mean Household Income

$191K+6.4% YoY

Below Poverty Level

3.3%+10.0% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone60.4%

Public transit0.5%

Worked from home31.3%

Other7.8%

Worked From Home

31.3%+22.7% YoY

Mean Commute

23.70-3.3% YoY

Units & Tenure

Total Housing Units

14,423+1.0% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 14,423

14Kunits

Occupied14,08097.6%

Vacant3432.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 14,080

14Khouseholds

Owner12,21286.7%

Renter1,86813.3%

Avg Household Size — Owner

2.79+1.1% YoY

Avg Household Size — Renter

2.32-4.9% YoY

County Demographics

County population is up 0.0% to 1,269,496: residents under 18 are down 0.8% and those 65 and over are up 3.3%.

Median Age

37.62024

Population

Hennepin County Population

1,273,334+0.8% YoY

Households

Total Households

539,493+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.30-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,269,496

1.3Mresidents

Under 18274,24821.6%

Adults 18–64797,19762.8%

65 & Over198,05115.6%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

274,248-0.8% YoY

Population 65 & Over

198,051+3.3% YoY

Median Age

37.60+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.0%

Moved (within US)14.4%

Other0.6%

Veterans

4.5%-4.3% YoY

County Economy

County median household income is $98K, 10.0% of residents are below the poverty level, 25.2% work from home.

Income

Median Household Income

$98K+1.4% YoY

Per-Capita Income

$59K+3.1% YoY

Mean Household Income

$138K+2.3% YoY

Poverty

Below Poverty Level

10.0%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone60.0%

Public transit3.5%

Worked from home25.2%

Other11.3%

Worked From Home

25.2%+12.5% YoY

Mean Commute

21.90-2.2% YoY

Done with Maple Grove? Put it next to another market.

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Maple Grove, Minnesota

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $154K, +3.7% YoY (ZIP); renters hold 13.3% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +8.6% YoY. inventory, +12.2% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

1 ZIP in this city:55311

Median Listing Price

$581K

Population

38,472

14,080

Median Days on Market

Active Listings

139

New Listings

Housing Market

The median listing price is up 8.6% YoY while the median home got up 1.9% bigger, so value per square foot is up 2.0%.

Pricing

Median Listing Price

$581K+8.6% YoY

Average Listing Price

$762K+18.9% YoY

Price per Sq Ft

$200+2.0% YoY

Median Sq Ft

2,876+1.9% YoY

Inventory

Active Listings

139+33.7% YoY

New Listings

56-9.7% YoY

Total Listings

184+12.2% YoY

Buyer Competition

Pending Listings

45-27.4% YoY

Pending Ratio

0.32-45.5% YoY

Median Days on Market

42+13.5% YoY

Price Reduced

18.3%-15.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 571,527

572Kunits

Occupied539,49394.4%

Vacant32,0345.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 539,493

539Koccupied

Owner338,26362.7%

Renter201,23037.3%

Renter Share

37.3%+0.7% YoY

Total Housing Units

571,527+1.3% YoY

FY2026 Fair Market Rent

CountyHennepin County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,242

/month

1 BR

$1,405

/month

2 BR

$1,709

/month

3 BR

$2,262

/month

4 BR

$2,531

/month

FMR trends · Hennepin County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 13.3% of this ZIP's 14,080 occupied households, on a median household income of $154K.

Population & Age

Total Population

38,472+1.6% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 38,472

38Kresidents

Under 1810,31826.8%

Adults 18–6423,04359.9%

65 & Over5,11113.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

41.20+0.2% YoY

Population Under 18

10,318+0.2% YoY

Population 65 & Over

5,111+5.2% YoY

Households & Mobility

Total Households

14,080+1.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.73+0.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house90.8%

Moved (within US)8.9%

Other0.3%

Veterans

5.9%+13.5% YoY

Income & Poverty

Median Household Income

$154K+3.7% YoY

Per-Capita Income

$70K+6.3% YoY

Mean Household Income

$191K+6.4% YoY

Below Poverty Level

3.3%+10.0% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone60.4%

Public transit0.5%

Worked from home31.3%

Other7.8%

Worked From Home

31.3%+22.7% YoY

Mean Commute

23.70-3.3% YoY

Units & Tenure

Total Housing Units

14,423+1.0% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 14,423

14Kunits

Occupied14,08097.6%

Vacant3432.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 14,080

14Khouseholds

Owner12,21286.7%

Renter1,86813.3%

Avg Household Size — Owner

2.79+1.1% YoY

Avg Household Size — Renter

2.32-4.9% YoY

County Demographics

County population is up 0.0% to 1,269,496: residents under 18 are down 0.8% and those 65 and over are up 3.3%.

Median Age

37.62024

Population

Hennepin County Population

1,273,334+0.8% YoY

Households

Total Households

539,493+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.30-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,269,496

1.3Mresidents

Under 18274,24821.6%

Adults 18–64797,19762.8%

65 & Over198,05115.6%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

274,248-0.8% YoY

Population 65 & Over

198,051+3.3% YoY

Median Age

37.60+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.0%

Moved (within US)14.4%

Other0.6%

Veterans

4.5%-4.3% YoY

County Economy

County median household income is $98K, 10.0% of residents are below the poverty level, 25.2% work from home.

Income

Median Household Income

$98K+1.4% YoY

Per-Capita Income

$59K+3.1% YoY

Mean Household Income

$138K+2.3% YoY

Poverty

Below Poverty Level

10.0%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone60.0%

Public transit3.5%

Worked from home25.2%

Other11.3%

Worked From Home

25.2%+12.5% YoY

Mean Commute

21.90-2.2% YoY

Done with Maple Grove? Put it next to another market.