Kandiyohi County, Minnesota Housing Market
In Kandiyohi County, Minnesota, the median home value is $243,200, with a median monthly rent of $909. This places Kandiyohi County at #944 nationally out of 3134 counties by median home value, and #38 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: $1,030
- Establishments: 1,348
- BLS QCEW, 2025
Housing Supply
- Single-family: 57
- Multi-family: 16
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 18,484 (avg $82,375)
- Outflow: 17,861 (avg $82,545)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Kandiyohi County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 56279 | 238.6 | — | 2025 |
| 2 | 56312 | 215.4 | +10.47% | 2025 |
| 3 | 56288 | 278.1 | +4.92% | 2025 |
| 4 | 56362 | 233.3 | -3.69% | 2025 |
| 5 | 56209 | 264.7 | +6.62% | 2025 |
| 6 | 56201 | 226.5 | -1.41% | 2025 |
| 7 | 56273 | 252.2 | +0.81% | 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 Kandiyohi County Compares
| Metric | Kandiyohi County | Minnesota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $243,200 | $238,335 | $227,706 |
| Median Gross Rent | $909 | $938 | $968 |
| Owner Occupancy Rate | 72.5% | 77.9% | 73.3% |
| Price/Rent Ratio | 22.3 | 21.1 | 18.7 |
Market Analysis
The median home value in Kandiyohi County is 2.0% above the Minnesota state average and 6.8% above the U.S. national average. The median rent of $909/month is 3.1% below the state average.
With a price-to-rent ratio of 22.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Kandiyohi County has an owner-occupancy rate of 72.5%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Dunn County | Wisconsin | $243,200 | $985 |
| Marion County | Florida | $243,100 | $1,277 |
| Yancey County | North Carolina | $243,100 | $882 |
| Ashe County | North Carolina | $243,100 | $859 |
| Philadelphia County | Pennsylvania | $243,100 | $1,397 |
Other Counties in Minnesota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lake County | $241,300 | $1,093 | 83.5% |
| Carlton County | $245,100 | $1,009 | 80.0% |
| Steele County | $245,400 | $1,061 | 79.4% |
| McLeod County | $246,100 | $941 | 77.4% |
| Pine County | $239,300 | $877 | 81.6% |
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).