Rock County, Minnesota Housing Market

In Rock County, Minnesota, the median home value is $224,300, with a median monthly rent of $698. This places Rock County at #1134 nationally out of 3134 counties by median home value, and #47 within Minnesota.

Median Home Value $224,300
Median Rent $698/mo
Owner Occupancy 76.6%
Price/Rent Ratio 26.8

📈 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 Rock County rose +6.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,190
jobs (private sector)
  • Avg weekly wage: $1,079
  • Establishments: 295
  • BLS QCEW, 2025
🏗️

Housing Supply

16
new units authorized (2025)
  • Single-family: 16
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+157
net migration (filers, 2021-2022)
  • Inflow: 3,887 (avg $79,770)
  • Outflow: 3,730 (avg $80,909)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Rock County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 57068 353.5 — 2025
2 57030 294.1 +11.70% 2025
3 56156 298.4 +9.33% 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 Rock County Compares

MetricRock CountyMinnesota AverageU.S. Average
Median Home Value $224,300 $238,335 $227,706
Median Gross Rent $698 $938 $968
Owner Occupancy Rate 76.6% 77.9% 73.3%
Price/Rent Ratio 26.8 21.1 18.7

Market Analysis

The median home value in Rock County is 5.9% below the Minnesota state average and 1.5% below the U.S. national average. The median rent of $698/month is 25.6% below the state average.

With a price-to-rent ratio of 26.8, Rock 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.

Rock County has an owner-occupancy rate of 76.6%, 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

CountyStateMedian Home ValueMedian Rent
Berrien County Michigan $224,300 $942
Hancock County Mississippi $224,200 $977
San Juan County Utah $224,200 $867
Hickman County Tennessee $224,100 $893
Marion County Indiana $224,000 $1,153

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Itasca County $225,200 $988 83.0%
Polk County $222,800 $855 71.3%
St. Louis County $221,400 $1,013 71.2%
Fillmore County $221,100 $797 82.6%
Waseca County $220,800 $883 80.7%

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).