Minnesota Real Estate Statistics

Home and Real Estate Statistics for Minnesota

Housing Units By Status

Total Housing Units

There are 2,347,201 total housing units. This is an increase of 281,255 units since the year 2000 when it had 2,065,946 total housing units. It's an increase of 498,756 units since the year 1990 when it had 1,848,445 total home units. There was an increase of 217,501 units between 1990 and 2000. Of Minnesota's 2,347,201 total housing units, 88.92% are occupied homes, and 11.8% are vacant units.

Total Occupied Housing Units

Minnesota has 2,087,227 occupied housing units. This is an increase of 192,100 units since the year 2000 when it had 1,895,127 occupied housing units. It's an increase of 439,374 units since the year 1990 when it had 1,647,853 occupied homes. Minnesota saw an increase of 247,274 units between 1990 and 2000. Of Minnesota's 2,087,227 occupied housing units, 53.15% are occupied with a loan or mortgage units, 26.99% are renter occupied home units, and 19.86% are occupied clear of any loan or mortgage home units.

Renter Occupied Housing Units

Minnesota has 563,368 renter occupied housing units. This is an increase of 81,106 units since the year 2000 when it had 482,262 renter occupied homes. It's an increase of 99,188 units since the year 1990 when it had 464,180 renter occupied housing units. There was an increase of 18,082 units between 1990 and 2000.

Units Occupied with a Loan or Mortgage

There are 1,109,405 occupied with a loan or mortgage housing units.

Units Occupied Clear of Any Loan or Mortgage

There are 414,454 occupied clear of any loan or mortgage housing units.

Total Vacant Housing Units

Minnesota has 259,974 vacant housing units. This is an increase of 89,155 units since the year 2000 when it had 170,819 vacant homes. It's an increase of 59,382 units since the year 1990 when it had 200,592 vacant home units. There was a decrease of -29,773 units between 1990 and 2000. Of the 259,974 vacant housing units, 18.5% are for rent units, 1.23% are rented - but not occupied homes, 11.82% are for sale housing units, 2.4% are sold - but not occupied home units, 50.19% are for seasonal, recreational, or occasional use homes, 0.13% are for migrant workers home units, and 15.74% are listed as vacant other housing units.

Vacant Units Listed For Rent

There are 48,091 for rent housing units. This is an increase of 27,639 units since the year 2000 when it had 20,452 for rent housing units. It's an increase of 8,175 units since the year 1990 when it had 39,916 for rent home units. There was a decrease of -19,464 units between 1990 and 2000.

Rented, but Not Occupied Vacant Units

There are 3,198 rented - but not occupied housing units. This is a decrease of -4,824 units since the year 2000 when it had 8,022 rented - but not occupied units.

Vacant Units Listed For Sale

Minnesota has 30,726 for sale housing units. This is an increase of 17,334 units since the year 2000 when it had 13,392 for sale home units. It's an increase of 12,743 units since the year 1990 when it had 17,983 for sale units. Minnesota saw a decrease of -4,591 units between 1990 and 2000.

Sold, but Not Occupied Vacant Units

There are 6,232 sold - but not occupied housing units.

Vacant Units For Seasonal, Recreational, or Occasional Use

Minnesota has 130,471 for seasonal, recreational, or occasional use housing units. This is an increase of 24,862 units since the year 2000 when it had 105,609 for seasonal, recreational, or occasional use units. It's an increase of 25,349 units since the year 1990 when it had 105,122 for seasonal, recreational, or occasional use homes. Minnesota saw an increase of 487 units between 1990 and 2000.

Vacant Units for Migrant Workers

Minnesota has 334 for migrant workers housing units. This is a decrease of -220 units since the year 2000 when it had 554 for migrant workers home units. It's a decrease of -203 units since the year 1990 when it had 537 for migrant workers housing units. There was an increase of 17 units between 1990 and 2000.

Vacant Units Listed as an Other Status

There are 40,922 listed as vacant other housing units. This is an increase of 18,132 units since the year 2000 when it had 22,790 listed as vacant other homes. It's an increase of 13,699 units since the year 1990 when it had 27,223 listed as vacant other housing units. Minnesota saw a decrease of -4,433 units between 1990 and 2000.