Park Rapids MN Multi Family for Sale

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Park Rapids Real Estate

The median home value in Park Rapids, MN is $287,500. This is higher than the county median home value of $268,500. The national median home value is $338,100. The average price of homes sold in Park Rapids, MN is $287,500. Approximately 42.45% of Park Rapids homes are owned, compared to 48.09% rented, while 9.47% are vacant. Park Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Park Rapids real estate agent to arrange a tour today!

Park Rapids, Minnesota has a population of 4,026. Park Rapids is more family-centric than the surrounding county with 23.23% of the households containing married families with children. The county average for households married with children is 22.75%.

The median household income in Park Rapids, Minnesota is $41,170. The median household income for the surrounding county is $63,122 compared to the national median of $69,021. The median age of people living in Park Rapids is 38.5 years.

Park Rapids Weather

The average high temperature in July is 78.9 degrees, with an average low temperature in January of -3.1 degrees. The average rainfall is approximately 27.2 inches per year, with 44.7 inches of snow per year.

Park Rapids Real Estate Market Conditions

  • Median sales price

    $287,500
    20.4% change since last quarter
  • # Active listings

    75
    30-day change

Park Rapids Schools and Demographics

Education near Park Rapids, MN

Metric City County
High School Graduates 92.44 94.42
College Degree - 2 year 10.19 12.72
College Degree - 4 year 22.9 29.5
Graduate Degree 3.71 7.44
Expenditures per Student 13,288 13,288
Students per Teacher 14.7 14.7

Elementary Schools near Park Rapids, MN

School Grades Students P/T Ratio ZIP
Laporte Elementary School PK - 06 185 13.7 56461
Menahga Elementary School PK - 06 601 14.8 56464
Nevis Elementary School PK - 06 327 15.1 56467
Park Rapids Area Century Elementary School PK - 04 690 15 56470
Pine Point Elementary School PK - 08 67 6.7 56575

Middle Schools near Park Rapids, MN

School Grades Students P/T Ratio ZIP
Park Rapids Area Century Middle School 05 - 08 335 12.4 56470

High Schools near Park Rapids, MN

School Grades Students P/T Ratio ZIP
Laporte Secondary School 07 - 12 105 9.4 56461
Menahga Secondary School 07 - 12 362 14.8 56464
Nevis Secondary School 07 - 12 273 15.2 56467
Park Rapids Senior High School 09 - 12 404 15.8 56470

Ungraded Schools near Park Rapids, MN

School Grades Students P/T Ratio ZIP
* Headwaters Education Learning Program 09 - 12 19 13.6 56470
* Nevis Area Learning Program 09 - 12 0 56467

Demographics near Park Rapids, MN

Metric City County
Neighborhood Type Small Town
Population 4,026 21,219
Population Density 579 23
Median Age 38.5 48.2
People per Household 2.3 2.4
Median Household Income 41,170 63,122
Average Income per Capita 25,448 32,776