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Grasston

Learn about the people, housing, costs and businesses in Grasston, Minnesota

Median Home$231,800
Median Rent$1,072/month
Population147
Leading IndustriesTransportation · Public Administration6% transportation
Home Value Growth⬆⬆⬆+32.1% over 2 years
Retirees29% of residentswell above average
Homeowners91% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
NotableVeteran Community9% of residents · top 22% nationally
Grasston
MN

Frequently Asked Questions

What are today's mortgage rates in Grasston?

As of today, the 30-year fixed mortgage rate for Grasston is approximately 6.965% (7.004% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Grasston?

The median home value in Grasston is $232k. The median monthly rent is $1,072. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grasston?

Home values in Grasston have increased 32.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Grasston?

Based on a typical all-in ownership cost of $1,254/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grasston is $89k/year.

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What industries drive the economy in Grasston?

The largest employment sectors in Grasston are public administration (33%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.