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Featured local agent — Federal Dam, MN
Sarah Mitchell
Compass Real Estate · Federal Dam, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Federal Dam, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$290,000median sale price
How is the Federal Dam, MN housing market right now?
The median home sale price in Federal Dam, MN is $290,000. Homes sell in an average of 14 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Federal Dam a buyer's or seller's market?
Federal Dam, MN is currently a balanced market and homes selling in about 14 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
14
Fast-moving
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Federal Dam housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $290,000 |
| Median list price | $289,900 |
| Average days on market | 14 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $345/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Federal Dam by property type?
How the Federal Dam, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $290,000 | $345/sq ft | 1 | 14 days |
| Townhouse | $275,000 | $140/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The Federal Dam housing market is currently classified as a balanced market with a median sale price of $290,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 14 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.5x provides context for how home values compare to local earning capacity.
Homes for sale in Federal Dam
Explore homes currently listed for sale in Federal Dam, Minnesota across major real estate platforms.
Who lives in Federal Dam?
Population
147
Median income
$48,750/yr
Median age
38.8 years
Owner-occupied
75.8%
College grads
6.1%
Avg commute
32 min
Source: U.S. Census Bureau ACS
What are homes worth in Federal Dam?
Zillow home value
$268,050
Price-to-income
5.5x
Source: Zillow Research
What is it like to live in Federal Dam?
Federal Dam is a community of approximately 0K residents with a median age of 38.8 years.The median household income is $48,750, which represents a working-class community with solid middle-income opportunities. 6.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Federal Dam offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Federal Dam, MN?
Want a head-to-head view? Compare Federal Dam side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Federal Dam?
The median home sale price in Federal Dam is $290,000, down 0.0% from last year.
How long do homes stay on market in Federal Dam?
Homes typically spend 14 days on market before going under contract.
What is the median income in Federal Dam?
The median household income is $48,750 per year.
What is the Zillow home value estimate for Federal Dam?
The Zillow Home Value Index (ZHVI) for Federal Dam is $268,050, representing the typical home value in the area.
How much does a single-family home cost in Federal Dam?
The median single-family home price in Federal Dam, MN is $290,000 (about $345 per square foot).
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