Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$206,451
$893

Housing Market Overview

Metric Meeker County Minnesota Avg US Average
Median Home Price $206,451 $243,729 $242,182
Price Trend (Annual %) 17.8% 7.9% 8.2%
Median Gross Rent $893 $1,234 $1,342
Rent Trend (Annual %) 3.3% 5.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Meeker County
Minnesota
United States
Year Meeker County Minnesota United States
Median Rent Over Time
Meeker County
Minnesota
United States
Year Meeker County Minnesota United States

Affordability

On average, housing unit costs 2.6 yearly household incomes in Meeker County.

Metric Meeker County Minnesota Avg US Average
Median Home Price $206,451 $243,729 $242,182
Median Household Income $80,201 $88,383 $78,145
Price-to-Income Ratio 2.6 2.8 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Meeker County Minnesota Avg US Average
Homeownership Rate 69.4% 65.6% 58.2%
Rental Rate 16.3% 25.0% 31.3%
Vacancy Rate 14.3% 9.4% 10.6%
Median Tenure (years) 18.0 15.0 15.0
Median Year Moved In 2008 2011 2011

Housing Stock

Metric Meeker County Minnesota Avg US Average
Average Household Size 2.59 people 2.44 people 2.54 people
Median Structure Built Year 1975 1976 1978
Median Number of Rooms 6.5 6.1 5.5