Oak Grove, MN

Full City Profile · Minnesota · Anoka County County

4.2 /5.0
A Great
9,031 Population 266/sq mi density
$114,679 Median Income $48,926 per capita
$394,100 Home Value $469,108 Zillow
$2,052 Median Rent 28.2% income on rent
45°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.8 / 5.0
$114,679 median income, 3.3% unemployment
A+
Affordability
4.8 / 5.0
$394,100 home value, $2,052/mo rent
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher

Housing Overview

Median Home Value
$394,100
40% above
US avg: $281,900
Median Rent
$2,052/mo
76% above
US avg: $1,163/mo
Homeownership Rate
94.2%
44% above US avg (65.4%)
Total Housing Units
3,223
Median year built: 1990

Home Value by Source

Census Median
$394,100
Zillow (ZHVI)
$469,108
Redfin Median Sale
$470,000
Median Sale Price
$470,000
Median List Price
$562,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.2%
Owner-Occupied
5.8%
Renter-Occupied
94%
6%
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: $2,052/mo

Market Indicators (Redfin)

Median Sale Price
$470,000
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
10.5%
of listings with price reduction
Price Per Sq Ft
$220
Active Inventory
19
homes for sale

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
94.2%

Complete Housing Data

Home Values

Census Median Value$394,100
Zillow Home Value (ZHVI)$469,108
Redfin Median Sale$470,000
Median Sale Price$470,000
Median List Price$562,500
Price Per Sq Ft$220

Rent

Census Median Rent$2,052
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 Market43
Sale-to-List Ratio1.0%
Price Drops10.5%
Homes Sold5
Active Inventory19
Price Per Sq Ft$220

Ownership & Stock

Owner-Occupied94.2%
Renter-Occupied5.8%
Homeownership Rate94.2%
Total Housing Units3,223
Median Year Built1990
Rent Burden28.2%