Grand Meadow, MN
Full City Profile · Minnesota · Mower County County
3.4
/5.0
B
Good
954
Population
1,403/sq mi density
$68,750
Median Income
$46,872 per capita
$169,100
Home Value
$256,305 Zillow
$498
Median Rent
24.0% income on rent
43°F
Avg Temperature
260 sunny days/yr
184
Violent Crime/100K
1,990 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$68,750 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$169,100 home value, $498/mo rent
F
Safety
1.0 / 5.0
184 violent crimes/100K
B
Education
3.3 / 5.0
28.5% bachelor's degree or higher
Housing Overview
Median Home Value
$169,100
40% below
US avg: $281,900
Median Rent
$498/mo
57% below
US avg: $1,163/mo
Homeownership Rate
85.6%
31% above US avg (65.4%)
Total Housing Units
448
Median year built: 1973
Home Value by Source
Census Median
$169,100
Zillow (ZHVI)
$256,305
Median Sale Price
$132,000
Median List Price
$176,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.6%
Owner-Occupied
14.4%
Renter-Occupied
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:
$498/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$104
Active Inventory
3
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
1973
Average age of housing stock: 53 years
Homeownership Rate
85.6%
Complete Housing Data
Home Values
| Census Median Value | $169,100 |
| Zillow Home Value (ZHVI) | $256,305 |
| Median Sale Price | $132,000 |
| Median List Price | $176,950 |
| Price Per Sq Ft | $104 |
Rent
| Census Median Rent | $498 |
| 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 Market | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $104 |
Ownership & Stock
| Owner-Occupied | 85.6% |
| Renter-Occupied | 14.4% |
| Homeownership Rate | 85.6% |
| Total Housing Units | 448 |
| Median Year Built | 1973 |
| Rent Burden | 24.0% |
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