The story of this market
The typical home in Fillmore County, Minnesota sells for about $221,100, or $135 per square foot.
Prices are down 1.68% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. Over the long run, values in this county have grown 140% since 2000. Last year 4 of 6 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+6.8%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+15.2%). Worst: 2009 (-5.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,328
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+6.8%
2025 change
FHFA repeat-sales index, median of 6 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
83
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $17,018,952.
Mortgage activity
Home lending in this county
86.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 781 | 518 | 86.1% | 3.4% | $165,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Fillmore County, Minnesota
The Fillmore County housing market is currently stable, characterized by modest price growth and low inventory levels. Demand remains steady, supported by local employment and proximity to the Rochester labor market, though the market is cooling slightly compared to previous years.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 8 cities · 13 ZIP reports
Median prices moved up 16.9% year over year.
Homes spend a median of 45 days on market with 2.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.34% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 8.4% — a stable, low-distress profile.
Deterministic aggregate of 3 researched ZIP reports of 4 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Fillmore County, Minnesota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Nov 5
researched Nov 5
researched Oct 31
researched Nov 5
researched Nov 5
researched Oct 29
researched Nov 5
researched Nov 5
researched Nov 5
researched Nov 5
| 55921 | Caledonia | $327,450 | $138 | +0.3% | 39 | 98% | — | — | 19 | $836 | researched Nov 5 |
| 55922 | Canton | $160,391 | $88 | — | 91 | — | — | 0.5 | 2 | $1,010 | researched Nov 5 |
| 55923 | Chatfield | $307,133 | $128 | +5.5% | 41 | 100% | — | 4.5 | 21 | $2,085 | researched Oct 31 |
| 55937 | — | $227,333 | $156 | +5.3% | 53 | — | — | — | — | — | researched Nov 5 |
| 55939 | Harmony | $160,000 | $121 | -0.5% | 32 | 100% | 28.6% | 4.8 | 10 | $850 | researched Nov 5 |
| 55947 | Houston | $350,000 | $165 | +16.6% | 44 | 100% | — | — | — | $883 | researched Oct 29 |
| 55949 | Lanesboro | $368,700 | $258 | +0.3% | 103 | 100% | — | 1 | 1 | $900 | researched Nov 5 |
| 55962 | — | $264,500 | $159 | -0.3% | 65 | — | — | — | 3 | — | researched Nov 5 |
| 55965 | Preston | $269,900 | $152 | +0.1% | 105 | 98.5% | 12% | 11 | 11 | $756 | researched Nov 5 |
| 55971 | Rushford | $255,755 | $171 | -13.3% | 44 | 99.9% | 17% | 0.6 | 18 | $950 | researched Nov 5 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Fillmore County maintains a low crime rate consistent with rural southeastern Minnesota, with property and violent crime indices significantly below state and national averages.
The county is served by several independent school districts that generally perform well, with a focus on small class sizes and community-integrated education.
The area is primarily concerned with seasonal flooding along the Root River and severe thunderstorm risks, with standard insurance coverage available for most residential properties.
Economic momentum is driven by agriculture, manufacturing, and tourism, with steady but modest development in local hubs like Preston and Spring Valley.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
The county features the Root River State Trail, numerous trout streams, and Mystery Cave State Park, offering extensive outdoor recreation opportunities.
The rental market is characterized by limited inventory and high demand for single-family units, with few large-scale apartment complexes.
The economy is anchored by agriculture, food processing, and healthcare services, with many residents commuting to the nearby Rochester medical hub.
Transportation is primarily served by state highways including MN-16 and US-52, providing critical links to the Rochester employment core.
The Fillmore County Assessor's office conducts annual market value assessments based on sales data and property inspections to ensure equitable taxation.
The county is served by multiple school districts and regional watershed districts that manage flood control and water quality.
Property insurance markets remain stable, though premiums are sensitive to regional weather patterns and historical flood risk assessments.
- Air Insanity Indoor Trampoline Park4.328.6 mi
- Mayo Civic Center4.529.9 mi
- Four Daughters Vineyard & Winery, Loon Juice Hard Cider, and The Traditionalist Bourbon Distillery4.620.4 mi
- Graham Arena Complex4.328.8 mi
- Café Steam4.629.9 mi
- Bleu Duck Kitchen4.629.8 mi
- Niagara Cave4.812.6 mi
- Mystery Cave State Park4.713.6 mi
- Laura Ingalls Park & Museum4.619.3 mi
- Amish Tours of Harmony4.610 mi
- B&B Olympic Bowl4.51.6 mi
- International Owl Center4.825.3 mi
- Rochester Art Center4.429.8 mi
- SPARK, Children's Museum4.529.6 mi
- Rochester Civic Theatre4.729.9 mi
- Mystery Cave State Park4.713.6 mi
- Sylvan Park Campgrounds4.64.9 mi
- Old Barn Resort4.52 mi
- St. Charles Golf Course4.318.2 mi
- Rushford Foods4.617.5 mi
- Rochester International Airport4.226.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The longest cave in Minnesota, offering guided tours and unique geological features that draw regional tourism.
A 42-mile paved trail winding through scenic river valleys, popular for cycling and cross-country skiing.
Combines historic site preservation with extensive outdoor recreation, serving as a major anchor for local tourism.
Data retrieved from Census Reporter and StateDemographics.com
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Property containing a homestead subject to foreclosure
The mortgagor has the right to designate a portion of the property as a homestead to be sold and redeemed separately, provided it conforms to local zoning and is compact.
Minnesota Statutes 582.041
applies when — Parcels designated as condominium units
Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units.
Minnesota Statutes 515A.1-105
Allows non-judicial foreclosure. Requires notice of sale to be mailed to the mortgagor at least 14 days before the sale date and published in a newspaper. Mortgagors have specific redemption rights following the sale.
Minnesota Statutes Chapter 580
Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.25% for value exceeding $500,000.
2021 Classification Rate Table, Minnesota Department of Revenue
≈ $2,211/yr on a $221,100 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.