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Glencoe, MN

Full City Profile · Minnesota · McLeod County County

2.9 /5.0
C+ Fair
5,702 Population 1,799/sq mi density
$63,967 Median Income $32,541 per capita
$213,100 Home Value $242,607 Zillow
$901 Median Rent 24.0% income on rent
44°F Avg Temperature 270 sunny days/yr
92 Violent Crime/100K 900 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$63,967 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$213,100 home value, $901/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher

Housing Overview

Median Home Value
$213,100
24% below
US avg: $281,900
Median Rent
$901/mo
23% below
US avg: $1,163/mo
Homeownership Rate
70.9%
8% above US avg (65.4%)
Total Housing Units
2,302
Median year built: 1975

Home Value by Source

Census Median
$213,100
Zillow (ZHVI)
$242,607
Median Sale Price
$182,500
Median List Price
$260,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.9%
Owner-Occupied
29.1%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $901/mo

Market Indicators (Redfin)

Median Days on Market
101 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$105
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
70.9%

Complete Housing Data

Home Values

Census Median Value$213,100
Zillow Home Value (ZHVI)$242,607
Median Sale Price$182,500
Median List Price$260,000
Price Per Sq Ft$105

Rent

Census Median Rent$901
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market101
Sale-to-List Ratio0.9%
Price Drops12.5%
Homes Sold4
Active Inventory8
Price Per Sq Ft$105

Ownership & Stock

Owner-Occupied70.9%
Renter-Occupied29.1%
Homeownership Rate70.9%
Total Housing Units2,302
Median Year Built1975
Rent Burden24.0%