Le Sueur County, Minnesota Housing Market Prices
Le Sueur County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 5% below the Minnesota median$224,959
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Median rent 26% below the Minnesota median$941
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Le Sueur County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,959 | $236,718 | $248,835 |
| Price Trend (Annual %) | 19.7% | 6.6% | 7.5% |
| Median Gross Rent | $941 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Le Sueur County is about 5% lower than in Minnesota. Rent is about 26% lower than the Minnesota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Le Sueur County, up about 19.7% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Le Sueur County rose about 35.8% between 2015 and 2024, from $693 to $941. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Le Sueur County.
Buying the median-priced home in Le Sueur County costs roughly 19.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Le Sueur County. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Le Sueur County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,959 | $236,718 | $248,835 |
| Median Household Income | $92,665 | $89,852 | $80,455 |
| Price-to-Income Ratio | 2.4 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Le Sueur County rose about 88.3%, while median household income rose about 51.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Le Sueur County | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.3% | 65.5% | 58.5% |
| Rental Rate | 16.9% | 25.2% | 31.2% |
| Vacancy Rate | 10.8% | 9.3% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Le Sueur County has a homeownership rate of 72.3%, higher than the Minnesota average of 65.5%. Its housing vacancy rate is 10.8%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Le Sueur County | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1979 | 1976 | 1978 |
| Median Number of Rooms | 6.8 | 6.1 | 5.5 |
The typical housing unit in Le Sueur County was built around 1979. On average, 2.5 people live in a home with about 6.8 rooms, staying for about 15.0 years on average.
Le Sueur County, MN Housing Compared With Nearby Counties
Le Sueur County, MN is the smallest of the 5 counties compared here, 29,116 residents against a local median of 89,939. Le Sueur County, MN's median rent, at $941, runs 29% below the $1,319 typical of the counties around it.
Median home price tells the same story from another angle: $224,959 against a local median of $292,749, 23% below it. The counties themselves spread $485 on median rent, so Le Sueur County, MN sits at one end of an already wide local range rather than apart from it. Le Sueur County, MN has the 5th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Le Sueur County, MN | 29,116 | $224,959 #4/5 | $941 #5/5 | 81.0% #3/5 |
| Scott County, MN | 154,543 | $282,373 | $1,568 | 83.8% |
| Rice County, MN | 67,917 | $383,335 | $1,082 | 76.3% |
| Carver County, MN | 110,041 | $303,125 | $1,514 | 81.5% |
| Blue Earth County, MN | 69,837 | $195,031 | $1,123 | 61.4% |
Frequently Asked Questions
Common questions about the housing market in Le Sueur County, Minnesota.
What is the median home price in Le Sueur County, Minnesota?
The median home price in Le Sueur County, Minnesota is $224,959, lower than the Minnesota average of $236,718.
What is the average home price in Le Sueur County, Minnesota?
The typical home price in Le Sueur County, Minnesota, reported as the median sale price, is $224,959. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Le Sueur County, Minnesota?
The median gross rent in Le Sueur County, Minnesota is $941 per month, lower than the Minnesota average of $1,280.
What was the median gross rent in Le Sueur County in 2020?
In 2020, the median gross rent in Le Sueur County, Minnesota was $783 per month.
What is the price-to-rent ratio in Le Sueur County, Minnesota?
The price-to-rent ratio in Le Sueur County, Minnesota is about 19.9, meaning it would take roughly 19.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Le Sueur County.
Are home prices or rent rising faster in Le Sueur County, Minnesota?
Both home prices and rent are rising in Le Sueur County, up about 19.7% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Le Sueur County, Minnesota?
72.3% of households in Le Sueur County, Minnesota own their home, higher than the Minnesota average of 65.5%.
What is the vacancy rate in Le Sueur County, Minnesota?
The housing vacancy rate in Le Sueur County, Minnesota is 10.8%, higher than the Minnesota average of 9.3%.
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