Tracy, MN
Full City Profile · Minnesota · Lyon County County
3.8
/5.0
B+
Good
1,869
Population
779/sq mi density
$60,682
Median Income
$30,949 per capita
$110,900
Home Value
$139,464 Zillow
$536
Median Rent
19.1% income on rent
45°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,682 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$110,900 home value, $536/mo rent
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher
Housing Overview
Median Home Value
$110,900
61% below
US avg: $281,900
Median Rent
$536/mo
54% below
US avg: $1,163/mo
Homeownership Rate
78.8%
20% above US avg (65.4%)
Total Housing Units
898
Median year built: 1961
Home Value by Source
Census Median
$110,900
Zillow (ZHVI)
$139,464
Redfin Median Sale
$78,500
Median Sale Price
$78,500
Median List Price
$117,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.8%
Owner-Occupied
21.2%
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:
$536/mo
Market Indicators (Redfin)
Median Sale Price
$78,500
Median Days on Market
100 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$56
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
78.8%
Complete Housing Data
Home Values
| Census Median Value | $110,900 |
| Zillow Home Value (ZHVI) | $139,464 |
| Redfin Median Sale | $78,500 |
| Median Sale Price | $78,500 |
| Median List Price | $117,500 |
| Price Per Sq Ft | $56 |
Rent
| Census Median Rent | $536 |
| 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 | 100 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 7 |
| Price Per Sq Ft | $56 |
Ownership & Stock
| Owner-Occupied | 78.8% |
| Renter-Occupied | 21.2% |
| Homeownership Rate | 78.8% |
| Total Housing Units | 898 |
| Median Year Built | 1961 |
| Rent Burden | 19.1% |