Le Sueur County, Minnesota Housing Market

In Le Sueur County, Minnesota, the median home value is $316,500, with a median monthly rent of $942. This places Le Sueur County at #542 nationally out of 3134 counties by median home value, and #15 within Minnesota.

Median Home Value $316,500
Median Rent $942/mo
Owner Occupancy 81.0%
Price/Rent Ratio 28.0

📈 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 Le Sueur County rose +3.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,071
jobs (private sector)
  • Avg weekly wage: $1,112
  • Establishments: 725
  • BLS QCEW, 2025
🏗️

Housing Supply

67
new units authorized (2025)
  • Single-family: 60
  • Multi-family: 7
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+555
net migration (filers, 2021-2022)
  • Inflow: 12,756 (avg $85,284)
  • Outflow: 12,201 (avg $86,335)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Le Sueur County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 56044 221.5 -3.84% 2025
2 56057 227.3 -3.63% 2025
3 56017 269.9 +5.09% 2025
4 56058 223.4 +7.81% 2025
5 56096 227.4 -3.15% 2025
6 56082 228.8 +5.75% 2025
7 56069 215.9 +2.21% 2025
8 56071 217.5 +3.83% 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 Le Sueur County Compares

MetricLe Sueur CountyMinnesota AverageU.S. Average
Median Home Value $316,500 $238,335 $227,706
Median Gross Rent $942 $938 $968
Owner Occupancy Rate 81.0% 77.9% 73.3%
Price/Rent Ratio 28.0 21.1 18.7

Market Analysis

The median home value in Le Sueur County is 32.8% above the Minnesota state average and 39.0% above the U.S. national average. The median rent of $942/month is about equal to the state average.

With a price-to-rent ratio of 28.0, Le Sueur 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.

Le Sueur County has an owner-occupancy rate of 81.0%, 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
Elmore County Idaho $316,500 $1,243
Kent County Delaware $316,600 $1,354
Northampton County Virginia $316,200 $829
Baldwin County Alabama $316,900 $1,277
Towns County Georgia $316,100 $808

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Rice County $320,200 $1,083 76.3%
Douglas County $321,400 $927 76.5%
Crow Wing County $306,800 $971 77.0%
Ramsey County $326,600 $1,329 60.6%
Isanti County $306,200 $1,273 83.7%

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).