Explore Zimmerman, MN - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
N/A
Cap Rate
N/A
Investor Friendly Score
N/A
Median Price
$319,000

Market Insights

Zimmerman's real estate market is experiencing a price correction, with values down 29.1% from last year. Home prices have decreased 3.3% in the past month. At the current pace, all available homes in Zimmerman would sell out in just 1.8 months, indicating a continued supply shortage. Homes are now taking an average of 56 days to sell, significantly longer than the 23 days typical for this market. Only 5.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 18.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Zimmerman market with the affordability index at 332.3. Based on current market indicators, home prices in Zimmerman are projected to decrease by approximately 16.3% over the next month.

Demographics market for - Zimmerman, MN

Total Population -

5,402

White Population

91.04%

Black Population

0.81%

Mexican88.08% (6.02% of total population)
Puerto Rican0%
Cuban7.59% (0.52% of total population)
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan4.34% (0.30% of total population)
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 14.09% (0.96% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 5.15% (0.35% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Zimmerman, MN

empty content

No Data

Real Estate Market Prediction for - Zimmerman, MN

City Hotspots
empty content

No Data

  • Average Price:

    N/A

  • Max Price:

    N/A

  • Average Rating:

    N/A

  • Location Average Score:

    N/A

  • Number Of Hotels:

    N/A

Nearby Cities From- Zimmerman, MN

Elk River, MN

St. Francis, MN

Nowthen, MN

Princeton, MN

Big Lake, MN