The story of this market
The typical home in Belle Plaine, Minnesota sells for about $318,200, or $165 per square foot.
Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,342 a month.
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.
Belle Plaine, Minnesota
Belle Plaine's housing market remains stable with high owner-occupancy rates and consistent demand from family buyers. The city's strong median household income and low poverty rate support a healthy local economy, though limited inventory continues to constrain sales volume. Market conditions are driven by the city's appeal as a suburban residential hub within the Scott County area.
No ARED county foreclosure postings attributed to Belle Plaine yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — 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.
Median prices moved down 2.4% year over year.
Homes spend a median of 57 days on market with 9.6 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 99.77% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 2.7% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The city maintains a network of parks and trails that serve as the primary outdoor amenity base for residents, supporting active lifestyles and community gatherings.
Belle Plaine is ideal for family buyers and commuters seeking a suburban lifestyle with a strong sense of community, affordability relative to the core metro, and access to outdoor amenities.
The city is served by Belle Plaine Public Schools, which maintains a stable reputation within the region for providing standard educational services to its growing student population.
The city is primarily served by regional highway corridors that facilitate commuting to the Twin Cities, with limited public transit options available within the city limits.
The city offers a variety of local parks and trails, providing residents with accessible outdoor recreation and green space that enhances the community's quality of life.
The rental market is characterized by low vacancy rates and a limited supply of multi-family units, with rents generally tracking with broader Scott County fair market rent estimates.
The local economy is driven by a mix of small businesses and service-sector employment, with many residents commuting to the broader Minneapolis-St. Paul metropolitan area for professional opportunities.
Belle Plaine exhibits steady growth as a residential satellite of the Twin Cities, supported by local infrastructure investments and a strong base of family-oriented housing developments.
Development activity is focused on residential expansion to accommodate the city's steady population growth, with ongoing planning for infrastructure to support new housing projects.
Parcels in Belle Plaine are subject to standard municipal and county taxing districts, including school district levies and local utility service assessments.
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.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau ACS 5-year estimates for Belle Plaine city, MN.
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. Source: NCES EDGE public school locations 2023-24.