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Le Sueur County, MN housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$353,278+2.6% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$76,583About 0.8× the local median income ($97,422): affordable for a typical household
Days on market63 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.6%Zillow expects prices to rise slightly

The typical home in Le Sueur County, MN is worth $353,278, up 2.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $334,794, so the area is 5.5% overvalued. It is a buyer's market: homes take about 63 days to sell, listings are up 56% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 1.6% over the next year. A household needs about $76,583 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $97,422. Typical rent is $1,522 a month, or $2,143 for a house. In the latest IRS figures, 17 more people moved out than in.

Home value over time

$0K$100K$200K$300K1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$353,278
Change in 1 year+2.6%
Overvalued %+5.5%
Show 7 more
Fair home value$334,794
Change in 5 years+21.2%
Zillow forecast, next 12 months+1.6%
Home value to income3.6×
Monthly mortgage payment (20% down)$1,915
Income needed to afford it$76,583
Property tax rate1.06%

Rent and investing

Typical rent$1,522
Typical rent for houses$2,143
Price-to-rent ratio19.3×
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HUD Fair Market Rent, 2 bedrooms$1,098
Gross rental yield5.17%
Cap rate (estimate)3.36%

Market activity

Listings vs a year ago+55.9%
Days on market63
Listings with a price cut22.1%
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Homes for sale145
Pending sales per 100 listings28
Asking price per sq ft$176

People and jobs

Median household income$97,422
Population change (1 year)+0.1%
Unemployment rate4.2%
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Population29,453
Income adjusted for cost of living$92,960
Net moves in (IRS)−17
Cost of living (US = 100)104.8

Schools, risk and environment

School rating (1 to 10)5.9
FEMA hazard risk score (0 to 100)22.8
Flood risk score34.6
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Wildfire risk score16.1
Walkability (1 to 20)6.1
Road, rail and air noise52 dB

Questions people ask

Is Le Sueur County, MN overvalued?
Home prices in Le Sueur County, MN are slightly above what local incomes have historically supported: fair value is about $334,794, so the area is 5.5% overvalued.
Is Le Sueur County, MN a buyer's or seller's market?
Le Sueur County, MN is a buyer's market: homes take about 63 days to sell, listings are up 56% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Le Sueur County, MN?
Home values in Le Sueur County, MN are up 2.6% over the last year. Zillow's forecast for the next 12 months is +1.6%.
How much do you need to earn to buy a home in Le Sueur County, MN?
A household needs about $76,583 a year to afford the typical home in Le Sueur County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $97,422.

Nearby and similar counties

ZIP codes in Le Sueur County (open on the map)

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