Bill Hill
Waite Park Real Estate
Bill Hill provides direct, no-pressure guidance for buyers and sellers navigating the Waite Park, Minnesota real estate market.
Waite Park offers a mix of established residential pockets and modern developments. The median year homes were built is 1992 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates), reflecting a town that grew steadily during the late twentieth century. Buyers often find a balance between single-family detached homes and managed properties like townhouses.
Bill Hill focuses on clear communication rather than sales pitches. He believes houses sell themselves. His role at Pemberton Real Estate is to manage the logistics and protect client interests once a property is chosen. The market shows steady movement, with homes that are single-family detached making up 48% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates) of the local housing stock.
For those looking to sell in Waite Park, the long-term trends remain relevant. Data shows a home price change over 5 years in Stearns County of +43.3% (Federal Housing Finance Agency House Price Index, 2020 to 2025). Bill Hill helps sellers navigate these shifts with honest feedback and straightforward representation.
By the numbers
Waite Park, MN at a glance
| Population2020–2024 ACS 5-year estimates | 8,399 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 3,688 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $219,400 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,117 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,757 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 51% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 48% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1992 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 79% |
| Home price change, 1 year (Stearns County)2024 to 2025 | +2.2% |
| Home price change, 5 years (Stearns County)2020 to 2025 | +43.3% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Waite Park, Minnesota?↓
The median home value for owner-occupied units is $219,400 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the typical valuation across the city's various housing types. Bill Hill uses these benchmarks to help clients understand local entry points.
What are the property taxes like in Waite Park?↓
The median annual property tax paid by homeowners in the area is $2,757 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Tax amounts vary based on specific property assessments and improvements. Bill Hill provides these figures to help buyers calculate their total monthly carrying costs.
How long is the average commute for Waite Park residents?↓
Commutes under 30 minutes are common, representing 79% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates) of the population. The city is positioned well for those working in St. Cloud or surrounding Stearns County areas. This accessibility is a primary factor for many choosing to live in the community.
Are there many rental properties available in Waite Park?↓
The city has a significant rental market with homes that are owner-occupied at 51% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The median monthly rent is $1,117 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill assists renters who are ready to transition into homeownership.
What is the current mortgage rate environment in Minnesota?↓
As of the week of 2026-09-24, the average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey). This is an increase from the average 30-year fixed mortgage rate a year earlier of 6.26% (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Bill Hill helps clients understand how these national trends impact their local buying power.
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