Sibley County, Minnesota Housing Market

In Sibley County, Minnesota, the median home value is $231,900, with a median monthly rent of $855. This places Sibley County at #1056 nationally out of 3134 counties by median home value, and #44 within Minnesota.

Median Home Value $231,900
Median Rent $855/mo
Owner Occupancy 80.8%
Price/Rent Ratio 22.6

📈 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 Sibley County rose +1.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,007
jobs (private sector)
  • Avg weekly wage: $1,053
  • Establishments: 362
  • BLS QCEW, 2025
🏗️

Housing Supply

28
new units authorized (2025)
  • Single-family: 26
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+204
net migration (filers, 2021-2022)
  • Inflow: 6,563 (avg $73,532)
  • Outflow: 6,359 (avg $74,295)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 55307 209.4 -4.85% 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 Sibley County Compares

MetricSibley CountyMinnesota AverageU.S. Average
Median Home Value $231,900 $238,335 $227,706
Median Gross Rent $855 $938 $968
Owner Occupancy Rate 80.8% 77.9% 73.3%
Price/Rent Ratio 22.6 21.1 18.7

Market Analysis

The median home value in Sibley County is 2.7% below the Minnesota state average and 1.8% above the U.S. national average. The median rent of $855/month is 8.8% below the state average.

With a price-to-rent ratio of 22.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Sibley County has an owner-occupancy rate of 80.8%, 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
Anderson County South Carolina $231,900 $989
Pickens County South Carolina $231,900 $972
Dodge County Wisconsin $231,900 $988
Lee County Georgia $231,800 $1,184
Madison County Kentucky $232,000 $889

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Winona County $235,400 $907 69.5%
Kanabec County $228,100 $962 84.5%
Beltrami County $237,500 $1,053 70.1%
Itasca County $225,200 $988 83.0%
Houston County $239,000 $879 83.4%

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).