North Oaks, MN

Full City Profile · Minnesota · Ramsey County County

4.9 /5.0
A+ Excellent
5,175 Population 749/sq mi density
$235,858 Median Income $97,736 per capita
$756,300 Home Value $958,858 Zillow
$2,932 Median Rent 39.5% income on rent
47°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.7 / 5.0
$235,858 median income, 4.0% unemployment
A+
Affordability
4.9 / 5.0
$756,300 home value, $2,932/mo rent
A+
Education
5.0 / 5.0
72.4% bachelor's degree or higher

Housing Overview

Median Home Value
$756,300
168% above
US avg: $281,900
Median Rent
$2,932/mo
152% above
US avg: $1,163/mo
Homeownership Rate
85.4%
31% above US avg (65.4%)
Total Housing Units
1,817
Median year built: 1983

Home Value by Source

Census Median
$756,300
Zillow (ZHVI)
$958,858
Redfin Median Sale
$832,474
Median Sale Price
$832,474
Median List Price
$932,620
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.4%
Owner-Occupied
14.6%
Renter-Occupied
85%
15%
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: $2,932/mo

Market Indicators (Redfin)

Median Sale Price
$832,474
Median Days on Market
125 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$207
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
39.5%
of renters spending 30%+ of income on housing
27% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
85.4%

Complete Housing Data

Home Values

Census Median Value$756,300
Zillow Home Value (ZHVI)$958,858
Redfin Median Sale$832,474
Median Sale Price$832,474
Median List Price$932,620
Price Per Sq Ft$207

Rent

Census Median Rent$2,932
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 Market125
Sale-to-List Ratio1.0%
Price Drops10.0%
Homes Sold7
Active Inventory20
Price Per Sq Ft$207

Ownership & Stock

Owner-Occupied85.4%
Renter-Occupied14.6%
Homeownership Rate85.4%
Total Housing Units1,817
Median Year Built1983
Rent Burden39.5%