Cass County, Minnesota Housing Market

In Cass County, Minnesota, the median home value is $288,300, with a median monthly rent of $863. This places Cass County at #685 nationally out of 3134 counties by median home value, and #19 within Minnesota.

Median Home Value $288,300
Median Rent $863/mo
Owner Occupancy 86.2%
Price/Rent Ratio 27.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cass County rose +7.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,785
jobs (private sector)
  • Avg weekly wage: $785
  • Establishments: 866
  • BLS QCEW, 2025
🏗️

Housing Supply

271
new units authorized (2025)
  • Single-family: 253
  • Multi-family: 18
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+943
net migration (filers, 2021-2022)
  • Inflow: 13,216 (avg $84,705)
  • Outflow: 12,273 (avg $82,528)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Cass County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 56474 283.7 +6.26% 2025
2 56473 285.3 +10.28% 2025
3 56636 248.7 +7.42% 2025
4 56468 266.0 +6.81% 2025
5 56452 258.0 +11.88% 2025
6 56484 262.3 +10.11% 2025
7 56401 241.5 +5.06% 2025
8 56435 248.7 -0.28% 2025
9 56655 283.6 +6.78% 2025
10 56472 260.7 +3.41% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Cass County Compares

MetricCass CountyMinnesota AverageU.S. Average
Median Home Value $288,300 $238,335 $227,706
Median Gross Rent $863 $938 $968
Owner Occupancy Rate 86.2% 77.9% 73.3%
Price/Rent Ratio 27.8 21.1 18.7

Market Analysis

The median home value in Cass County is 21.0% above the Minnesota state average and 26.6% above the U.S. national average. The median rent of $863/month is 8.0% below the state average.

With a price-to-rent ratio of 27.8, Cass County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Cass County has an owner-occupancy rate of 86.2%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Franklin County Ohio $288,400 $1,302
Scott County Kentucky $288,500 $1,247
Washington County Texas $288,100 $1,165
Alachua County Florida $288,800 $1,339
Miami County Kansas $287,700 $1,107

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Dodge County $287,700 $1,020 86.6%
Becker County $291,000 $920 77.2%
Goodhue County $285,100 $966 78.8%
Hubbard County $282,600 $905 83.1%
Stearns County $273,400 $1,068 67.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).