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Advertise here →Waite Park, MN · Market Data
Waite Park, Minnesota real estate market data.
Real estate market data for Waite Park, MN (Stearns County) — Census median home value $217,000, county listing prices up about 9.9% over the past year.
Waite Park, MN is in Stearns County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 8,341, with a median household income of $56,884. Census data puts Waite Park's median home value at $217,000 (all owner-occupied homes); Stearns County's current median listing price runs $373,675, up about 9.9% over the past year.
At a glance
Waite Park market snapshot
Population
8,341
Median Household Income
$56,884
Median Home Value (city)
$217,000
Median Listing Price (Stearns County)
$373,675
Median Gross Rent
$1,072/mo
Price Trend (YoY)
+9.9%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Waite Park different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Waite Park's median home value — across all owner-occupied homes, not just recent sales — at $217,000. Separately, Stearns County's current median listing price (via Realtor.com data, 2026-06-01) runs $373,675. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Stearns County's FHFA house price index shows a 2.2% annual change in 2025.
Population & Income
Waite Park has an estimated population of 8,341 and a median household income of $56,884, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Waite Park's Census-reported median home value works out to about 3.8x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Waite Park FAQ
What are home values like in Waite Park, MN?
The Census Bureau's American Community Survey puts Waite Park's median home value at $217,000. Stearns County's current median listing price runs $373,675, up about 9.9% over the past year.
What is the population of Waite Park, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Waite Park's population at approximately 8,341.
What's the median rent in Waite Park, MN?
The Census ACS estimates median gross rent in Waite Park at approximately $1,072 per month.
What is the median household income in Waite Park, MN?
Census ACS data puts the median household income in Waite Park at approximately $56,884.
Is the Waite Park housing market growing?
Stearns County's FHFA house price index shows a 2.2% annual change in 2025.
Is Waite Park, MN affordable relative to income?
Census ACS data puts Waite Park's median home value at about 3.8 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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