Bellechester, MN housing market
The median sale price was $245,000 in February 2026.
Home values, sales, trends and how Bellechester compares with the towns next door — updated as new data is published.
Bellechester at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 47% in 5 years
The federal house price index for the ZIP code around Bellechester rose 47% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 7.5%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +7.5% | +159% | +127% |
| 2024 | +5.2% | +141% | +120% |
| 2023 | +2.1% | +129% | +113% |
| 2022 | +18% | +124% | +104% |
| 2021 | +7.7% | +90% | +82% |
| 2020 | +0.7% | +77% | +66% |
| 2019 | +7.7% | +75% | +61% |
| 2018 | +2.9% | +63% | +55% |
| 2017 | +5.3% | +58% | +46% |
| 2016 | +6.1% | +50% | +38% |
| 2015 | −0.3% | +42% | +32% |
| 2014 | +3.7% | +42% | +28% |
| 2013 | +7.4% | +37% | +21% |
| 2012 | −4.4% | +28% | +16% |
| 2011 | +2% | +33% | +18% |
| 2010 | −9.3% | +31% | +25% |
| 2009 | −3.5% | +44% | +33% |
| 2008 | −3% | +50% | +42% |
| 2007 | +0.5% | +54% | +48% |
| 2006 | +3.7% | +53% | +49% |
| 2005 | +8.3% | +48% | +45% |
| 2004 | +8.8% | +37% | +34% |
| 2003 | +5.7% | +26% | +23% |
| 2002 | +6.7% | +19% | +18% |
| 2001 | +11% | +11% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 55027, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2009
No permits for new homes were issued in Bellechester in 2009. The last year with any was 2002 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $130,000 |
| 2001 | 2 | 2 | 0 | $235,000 |
| 2000 | 1 | 1 | 0 | $90,000 |
Bellechester's permit office didn't report to the Census in 2009, so the 2009 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Bellechester and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2009 | Median income |
|---|---|---|---|---|
| Bellechester | +7.5%† | $1,270 | 0 | $64,167 |
| Belvidere | +6.5%† | $1,270 | — | $100,833 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,270
HUD's Fair Market Rent for a two-bedroom in Bellechester is $1,270 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $880 · 4 bedrooms $2,130
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55027; Wabasha County, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, February 2026. 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.