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MN area data

Svea, MN

Svea, MN.

Population: 592 (Census ACS)

Home values & appreciation

House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$171,250
Median list price
$395,000
Median days on market
65 days
Sale-to-list ratio
97.4%
Active listings
3

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, hail, iceStorm, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
31.6 in

Walkability & transit

Walkability index
3.8 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Olivia Regional Airport (11 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (27 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-180 tax filers

Housing stock

Median year housing built
1,953
Median annual property tax
$1,708
Households with broadband internet
42.2%

Employment & development

Total county employment
19,656
Average weekly wage
$947
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
66

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents