Crow Wing County, Minnesota Housing Market

In Crow Wing County, Minnesota, the median home value is $306,800, with a median monthly rent of $971. This places Crow Wing County at #589 nationally out of 3134 counties by median home value, and #16 within Minnesota.

Median Home Value $306,800
Median Rent $971/mo
Owner Occupancy 77.0%
Price/Rent Ratio 26.3

📈 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 Crow Wing County rose +4.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

27,277
jobs (private sector)
  • Avg weekly wage: $1,033
  • Establishments: 2,232
  • BLS QCEW, 2025
🏗️

Housing Supply

625
new units authorized (2025)
  • Single-family: 455
  • Multi-family: 170
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1494
net migration (filers, 2021-2022)
  • Inflow: 29,137 (avg $82,836)
  • Outflow: 27,643 (avg $81,668)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Crow Wing County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 56441 283.5 +23.33% 2025
2 56364 290.6 +18.06% 2025
3 56442 306.7 +11.79% 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 Crow Wing County Compares

MetricCrow Wing CountyMinnesota AverageU.S. Average
Median Home Value $306,800 $238,335 $227,706
Median Gross Rent $971 $938 $968
Owner Occupancy Rate 77.0% 77.9% 73.3%
Price/Rent Ratio 26.3 21.1 18.7

Market Analysis

The median home value in Crow Wing County is 28.7% above the Minnesota state average and 34.7% above the U.S. national average. The median rent of $971/month is 3.5% above the state average.

With a price-to-rent ratio of 26.3, Crow Wing 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.

Crow Wing County has an owner-occupancy rate of 77.0%, 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 Vermont $306,700 $1,180
Fannin County Georgia $306,600 $900
Powell County Montana $306,500 $820
Dickson County Tennessee $306,400 $1,015
Hood County Texas $306,400 $1,428

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Isanti County $306,200 $1,273 83.7%
Le Sueur County $316,500 $942 81.0%
Rice County $320,200 $1,083 76.3%
Douglas County $321,400 $927 76.5%
Becker County $291,000 $920 77.2%

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).