Roseau County, Minnesota Housing Market

In Roseau County, Minnesota, the median home value is $183,700, with a median monthly rent of $880. This places Roseau County at #1587 nationally out of 3134 counties by median home value, and #63 within Minnesota.

Median Home Value $183,700
Median Rent $880/mo
Owner Occupancy 79.2%
Price/Rent Ratio 17.4

📈 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 Roseau County fell -0.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,688
jobs (private sector)
  • Avg weekly wage: $1,221
  • Establishments: 425
  • BLS QCEW, 2025
🏗️

Housing Supply

21
new units authorized (2025)
  • Single-family: 21
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+425
net migration (filers, 2021-2022)
  • Inflow: 6,615 (avg $75,566)
  • Outflow: 6,190 (avg $76,699)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Roseau County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 56751 234.0 +3.75% 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 Roseau County Compares

MetricRoseau CountyMinnesota AverageU.S. Average
Median Home Value $183,700 $238,335 $227,706
Median Gross Rent $880 $938 $968
Owner Occupancy Rate 79.2% 77.9% 73.3%
Price/Rent Ratio 17.4 21.1 18.7

Market Analysis

The median home value in Roseau County is 22.9% below the Minnesota state average and 19.3% below the U.S. national average. The median rent of $880/month is 6.2% below the state average.

With a price-to-rent ratio of 17.4, the buy-vs-rent decision in Roseau County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Roseau County has an owner-occupancy rate of 79.2%, 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
Richland County North Dakota $183,600 $740
Sussex County Virginia $183,800 $907
Pendleton County West Virginia $183,800 $770
Larue County Kentucky $183,500 $860
Vanderburgh County Indiana $184,000 $985

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Wilkin County $182,200 $564 79.7%
Mower County $185,200 $927 77.6%
Murray County $185,400 $810 82.2%
Grant County $191,000 $797 79.2%
Brown County $191,200 $890 78.9%

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).