Karlstad Construction

Construction company in Elgin, MN 55932

About this company

Karlstad Construction is listed as a construction company based in Elgin, Minnesota, in Olmsted County. Federal motor carrier records list 1 drivers and 1 trucks for the company. It is one of 7 general contractors in ZIP 55932.

Fleet size

Drivers1

Trucks1

Last federal filing: Jun 2003. Source: FMCSA.

Moderate market, crowded fieldArea profitability for construction in ZIP 55932

Housing demand52

Sales pace, new listings and new construction. Source: Zillow

Customer spending power74

Household income and home values

Room for another contractor2

More crowded than 98% of US ZIPs

Scored against every US ZIP. An index of local conditions, not this company's results.

County context

One of 218 general contractors in Olmsted County, MN.

58 roofing companies in Olmsted County, MN.

All 474 construction companies in Olmsted County, MN.

ZIP 55932 at a glance

Population: 1,999 (15 per sq mi)
Median age: 38
Households: Median income $100,078 · 50% earn six figures
Housing: 85% owner-occupied
Workforce: 74% labor-force participation · 3.1% unemployment

ZIP figures are US Census estimates for the ZIP area, not the company.

Housing market around ZIP 55932

Figures describe the local area, not this company.

Typical home value$361,000+5.5% past year · +89% in 10 years

12-month value outlook+3.2%

Days to sale agreement29Rochester metro · 23 a year ago

New homes permitted, 2025542Olmsted County

Listings with a price cut30.2%Rochester metro

Sale price vs list99.4%Rochester metro

New construction sales25Rochester metro, Aug · +19% from last year

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Olmsted County permitted 542 new homes in 2025, including 208 apartment units. 24% of the homes in this ZIP were built since 2000.

Local figures are estimates from public records and Zillow housing data, updated regularly.