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Sibley 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$297,792+5.9% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$64,555About 0.8× the local median income ($79,069): affordable for a typical household
Days on market65 daysSlower than a year ago: buyers have time to negotiate

The typical home in Sibley County, MN is worth $297,792, up 5.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $261,684, so the area is 13.8% overvalued. It is a balanced market: homes take about 65 days to sell, listings are up 31% from a year ago, 18% of listings have had a price cut. A household needs about $64,555 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 $79,069. In the latest IRS figures, 45 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K200020102020
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$297,792
Change in 1 year+5.9%
Overvalued %+13.8%
Show 6 more
Fair home value$261,684
Change in 5 years+17.9%
Home value to income3.8×
Monthly mortgage payment (20% down)$1,614
Income needed to afford it$64,555
Property tax rate1.10%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,014

Market activity

Listings vs a year ago+31.4%
Days on market65
Listings with a price cut18.5%
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Homes for sale46
Pending sales per 100 listings30
Asking price per sq ft$130

People and jobs

Median household income$79,069
Population change (1 year)+0.4%
Unemployment rate3.8%
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Population15,356
Income adjusted for cost of living$92,048
Net moves in (IRS)+45
Cost of living (US = 100)85.9

Schools, risk and environment

School rating (1 to 10)5.6
FEMA hazard risk score (0 to 100)23.0
Flood risk score31.2
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Wildfire risk score13.8
Walkability (1 to 20)5.4
Road, rail and air noise53 dB

Questions people ask

Is Sibley County, MN overvalued?
Home prices in Sibley County, MN are well above what local incomes have historically supported: fair value is about $261,684, so the area is 13.8% overvalued.
Is Sibley County, MN a buyer's or seller's market?
Sibley County, MN is a balanced market: homes take about 65 days to sell, listings are up 31% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Sibley County, MN?
Home values in Sibley County, MN are up 5.9% over the last year.
How much do you need to earn to buy a home in Sibley County, MN?
A household needs about $64,555 a year to afford the typical home in Sibley County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,069.

Nearby and similar counties

ZIP codes in Sibley County (open on the map)

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