Fillmore County, Minnesota Housing Market
In Fillmore County, Minnesota, the median home value is $221,100, with a median monthly rent of $797. This places Fillmore County at #1176 nationally out of 3134 counties by median home value, and #50 within Minnesota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $865
- Establishments: 732
- BLS QCEW, 2025
Housing Supply
- Single-family: 58
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,884 (avg $77,985)
- Outflow: 8,519 (avg $78,284)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Fillmore County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 55971 | 245.7 | +1.21% | 2025 |
| 2 | 55975 | 220.0 | +10.54% | 2025 |
| 3 | 55923 | 228.1 | +1.36% | 2025 |
| 4 | 55976 | 225.0 | +3.36% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Fillmore County Compares
| Metric | Fillmore County | Minnesota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $221,100 | $238,335 | $227,706 |
| Median Gross Rent | $797 | $938 | $968 |
| Owner Occupancy Rate | 82.6% | 77.9% | 73.3% |
| Price/Rent Ratio | 23.1 | 21.1 | 18.7 |
Market Analysis
The median home value in Fillmore County is 7.2% below the Minnesota state average and 2.9% below the U.S. national average. The median rent of $797/month is 15.0% below the state average.
With a price-to-rent ratio of 23.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Fillmore County has an owner-occupancy rate of 82.6%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Brown County | South Dakota | $221,100 | $777 |
| Hopkins County | Texas | $221,100 | $1,109 |
| Saline County | Arkansas | $221,200 | $1,033 |
| Greene County | Missouri | $221,300 | $989 |
| Waseca County | Minnesota | $220,800 | $883 |
Other Counties in Minnesota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Waseca County | $220,800 | $883 | 80.7% |
| St. Louis County | $221,400 | $1,013 | 71.2% |
| Polk County | $222,800 | $855 | 71.3% |
| Rock County | $224,300 | $698 | 76.6% |
| Itasca County | $225,200 | $988 | 83.0% |
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).