A typical Barnum home is worth roughly $155,000
Home prices around Barnum have risen about 63% over the past 5 years. No new homes were permitted in 2025.
What kind of housing town is Barnum?
Read from the numbers below. The page puts what stands out first.
Home prices up 63% in 5 years
The federal house price index for the ZIP code around Barnum rose 63% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 16%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Barnum, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 3.6 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical Barnum home, with $11K to spare.
A two-bedroom rents for about $1,210 a month here, $280 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Barnum’s typical property tax (0.94% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,210
Renters already here pay a median of $885, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Duluth, MN-WI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Barnum in 2025. The last year with any was 2007 (1 new home).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $65,000 |
| 2006 | 2 | 2 | 0 | $266,000 |
| 2005 | 2 | 2 | 0 | $230,000 |
| 2004 | 12 | 0 | 12 | $610,000 |
| 2003 | 16 | 6 | 10 | $805,000 |
| 2002 | 6 | 6 | 0 | $609,000 |
| 2001 | 7 | 2 | 5 | $435,000 |
| 2000 | 6 | 6 | 0 | $336,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
55% of Barnum households own their home
Half of Barnum’s homes were built before 1969.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Barnum vs. its neighbors
The towns that share a border with Barnum. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Barnum | $155K* | +16.2%† | $1,210 | 0 | $43,438 |
| Skelton | — | +16.2%† | $1,210 | — | $75,625 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Barnum buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.