Minnesota: home prices and housing market

State · price index through 2026-Q2

Median home value Estimate
$381,200
ACS 2020-2024 median $329,300, updated to 2026-Q2 with the price index
1-year change
+3.0%
FHFA House Price Index
5 years / 10 years
+31.2% / +76.2%
Change in the price index
Median rent (monthly)
$1,280
Gross yield ≈ 4.7% (rent × 12 ÷ value)
Housing units
2,545,030
1,666,687 owner-occupied
Rank in United States
#24 of 51
By price · #31 by growth

Price index annual average

20040060020002004200820122016202020242026
Price index

FHFA House Price Index (all transactions): quarterly averages for states, annual index for counties.

Compared with larger areas

AreaMedian (estimate)1 year5 years10 years
United States $370,500 +1.2%+27.9%+80.6%
Minnesota $381,200 +3.0%+31.2%+76.2%

Home prices by county in Minnesota 87 areas · highest first

CountyMedian (estimate)1 year5 years10 yearsRent (monthly)
Carver County $499,400 +3.8% +36.1% +65.7% $1,514
Washington County $460,500 +1.8% +35.0% +68.7% $1,710
Scott County $454,000 +2.4% +34.9% +66.3% $1,568
Hennepin County $425,900 +3.0% +29.8% +65.1% $1,487
Dakota County $409,100 +1.5% +32.3% +64.3% $1,548
Sherburne County $399,800 +2.1% +41.5% +86.6% $1,127
Wright County $396,500 +1.8% +38.0% +77.1% $1,288
Cook County $392,700 −7.6% +54.3% +72.4% $886
Chisago County $385,700 +2.3% +39.9% +87.0% $1,186
Anoka County $377,600 +2.4% +36.0% +78.0% $1,464
Olmsted County $369,500 +2.5% +38.1% +80.3% $1,370
Douglas County $366,700 +5.0% +49.9% +78.9% $927
Le Sueur County $366,500 +3.9% +44.3% +80.0% $942
Crow Wing County $363,200 +4.7% +58.1% +96.0% $971
Rice County $362,000 +4.3% +39.7% +76.1% $1,083
Ramsey County $356,700 +2.9% +30.7% +69.5% $1,329
Cass County $351,300 +7.8% +59.5% +88.8% $863
Isanti County $344,800 +2.8% +42.9% +91.4% $1,273
Becker County $343,800 +5.8% +47.0% +77.8% $920
Otter Tail County $329,200 +1.1% +48.2% +78.5% $868
Hubbard County $327,900 +4.0% +50.4% +79.2% $905
Dodge County $323,600 +3.2% +38.8% +83.2% $1,020
Goodhue County $319,800 +3.2% +41.0% +78.2% $966
Wabasha County $318,800 +5.2% +53.0% +93.2% $830
Stearns County $312,600 +2.2% +43.3% +75.8% $1,068
Carlton County $310,700 +12.7% +61.3% +95.2% $1,009
Pope County $309,500 +7.3% +51.8% +76.9% $902
Benton County $306,700 +3.2% +42.0% +77.6% $982
Nicollet County $306,200 +3.3% +39.1% +64.3% $970
Clay County $304,800 +4.8% +36.4% +56.7% $1,019
Blue Earth County $303,800 +4.7% +38.9% +68.8% $1,123
Meeker County $299,900 +5.3% +52.5% +92.1% $904
Houston County $298,200 +2.8% +52.9% +82.9% $879
Aitkin County $297,100 +1.1% +55.6% +82.0% $869
Morrison County $296,700 +2.4% +53.3% +97.4% $788
Mille Lacs County $289,100 +5.4% +47.0% +98.3% $903
Steele County $288,400 +5.0% +47.0% +87.1% $1,061
McLeod County $282,700 +0.2% +43.0% +84.1% $941
Kandiyohi County $281,000 −0.9% +44.8% +68.7% $909
Winona County $281,000 +2.9% +44.9% +72.0% $907
Pine County $279,700 +3.9% +51.0% +99.2% $877
Lake County $277,800 +4.5% +58.0% +93.5% $1,093
Beltrami County $271,800 +5.0% +46.4% +72.7% $1,053
Itasca County $269,700 +5.4% +51.8% +72.0% $988
St. Louis County $268,900 +6.3% +52.7% +81.7% $1,013
Kanabec County $263,500 +0.6% +43.7% +98.7% $962
Fillmore County $262,700 +1.4% +45.6% +85.2% $797
Rock County $262,300 +6.9% +45.0% +81.5% $698
Waseca County $261,400 −0.9% +46.9% +74.9% $883
Sibley County $260,900 +1.4% +35.5% +78.0% $855
Polk County $255,300 +3.6% +36.6% +54.7% $855
Murray County $247,600 +7.3% +66.6% +93.3% $810
Nobles County $243,500 +1.6% +58.2% +96.9% $896
Todd County $237,600 +2.5% +47.6% +83.9% $908
Lyon County $236,000 +5.0% +41.8% +60.9% $781
Grant County $226,800 +9.6% +51.3% +78.8% $797
Brown County $226,200 +5.8% +42.8% +67.3% $890
Stevens County $225,800 +4.9% +39.8% +52.4% $951
Lac qui Parle County $223,300 +23.1% +74.1% +107.4% $728
Lake of the Woods County $222,200 −7.9% +33.6% +64.2% $955
Clearwater County $222,000 +9.9% +43.6% +67.0% $742
Mower County $218,100 +7.5% +52.4% +88.5% $927
Wilkin County $208,300 +6.7% +52.5% +84.4% $564
Big Stone County $208,100 +3.1% +58.1% +91.7% $745
Wadena County $204,400 +1.5% +54.1% +84.9% $746
Roseau County $202,000 −0.7% +39.0% +61.8% $880
Freeborn County $200,400 +4.4% +45.4% +79.0% $849
Chippewa County $196,300 +11.4% +64.8% +95.0% $869
Pennington County $195,400 −1.1% +16.7% +32.9% $862
Watonwan County $190,800 +0.4% +46.5% +68.7% $834
Lincoln County $188,600 −6.3% +57.7% +75.9% $674
Redwood County $187,900 +4.7% +45.0% +79.7% $757
Martin County $187,800 +0.6% +39.6% +71.0% $761
Marshall County $186,400 +6.3% +36.0% +50.7% $690
Jackson County $185,600 +2.2% +47.8% +73.7% $787
Renville County $185,500 +3.9% +48.5% +77.6% $790
Mahnomen County $185,000 +17.7% +44.8% +64.2% $696
Koochiching County $181,300 +8.8% +55.8% +69.3% $671
Yellow Medicine County $181,200 −3.2% +44.9% +67.5% $678
Swift County $179,500 +1.1% +46.1% +65.5% $920
Red Lake County $178,900 — +24.6% +41.7% $583
Cottonwood County $173,100 +4.5% +33.8% +57.8% $817
Pipestone County $167,200 +2.1% +48.9% +81.9% $754
Faribault County $157,200 +9.7% +54.5% +76.2% $799
Norman County $154,200 −4.4% +26.9% +66.7% $774
Kittson County $150,100 +3.3% +44.8% +98.6% $757
Traverse County $148,700 — +59.7% +72.9% $615

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The median home value is the Census Bureau's ACS 5-year median (owner-reported value of owner-occupied homes), updated to the latest period with the FHFA House Price Index. It is an estimate for the area, not the price of any particular home. These figures do not represent the sale or appraisal value of any specific property.

Sources: U.S. Census Bureau, American Community Survey 5-year estimates; FHFA House Price Index. Compiled by Fudosan Zukan.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
This product uses FHFA data but is neither endorsed nor certified by FHFA.

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