Breckenridge, MN housing market
The median sale price was $193,000 in May 2026.
Home values, sales, trends and how Breckenridge compares with the towns next door — updated as new data is published.
Breckenridge at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 53% in 5 years
The federal house price index for the ZIP code around Breckenridge rose 53% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 4.5%. Carrying the Census median home value forward with that index puts the typical Breckenridge home at roughly $237,000 today.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +4.5% | +154% | +127% |
| 2024 | +7.8% | +143% | +120% |
| 2023 | +7.6% | +126% | +113% |
| 2022 | +10% | +110% | +104% |
| 2021 | +14% | +90% | +82% |
| 2020 | −0.7% | +66% | +66% |
| 2019 | +8.2% | +68% | +61% |
| 2018 | −1.4% | +55% | +55% |
| 2017 | −0.9% | +57% | +46% |
| 2016 | +20% | +59% | +38% |
| 2015 | −9.3% | +32% | +32% |
| 2014 | +11% | +45% | +28% |
| 2013 | +3.5% | +31% | +21% |
| 2012 | −1.7% | +27% | +16% |
| 2011 | +5.3% | +29% | +18% |
| 2010 | −7% | +22% | +25% |
| 2009 | +3.5% | +32% | +33% |
| 2008 | −0.9% | +27% | +42% |
| 2007 | +8.1% | +28% | +48% |
| 2006 | −4.2% | +19% | +49% |
| 2005 | +7.5% | +24% | +45% |
| 2004 | +6.8% | +15% | +34% |
| 2003 | +1.3% | +7.9% | +23% |
| 2002 | +5.4% | +6.4% | +18% |
| 2001 | +1% | +1% | +9.2% |
| 2000 | — | — | — |
How Breckenridge ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56520, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2025
No permits for new homes were issued in Breckenridge in 2025. The last year with any was 2024 (4 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Breckenridge gained 44 residents while 51 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 4 | 0 | 4 | $830,000 |
| 2023 | 11 | 9 | 2 | $5 million |
| 2022 | 3 | 3 | 0 | $1 million |
| 2021 | 7 | 7 | 0 | $2.8 million |
| 2020 | 3 | 3 | 0 | $831,000 |
| 2019 | 4 | 0 | 4 | $700,000 |
| 2018 | 6 | 6 | 0 | $1.8 million |
| 2017 | 24 | 0 | 24 | $1.8 million |
| 2016 | 1 | 1 | 0 | $350,000 |
| 2015 | 3 | 3 | 0 | $853,000 |
| 2014 | 4 | 4 | 0 | $1 million |
| 2013 | 3 | 3 | 0 | $959,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 2 | 0 | $425,000 |
| 2010 | 4 | 4 | 0 | $723,000 |
| 2009 | 3 | 3 | 0 | $931,000 |
| 2008 | 8 | 0 | 8 | $830,000 |
| 2007 | 7 | 7 | 0 | $1.6 million |
| 2006 | 10 | 10 | 0 | $1.7 million |
| 2005 | 67 | 9 | 58 | $5.4 million |
| 2004 | 13 | 5 | 8 | $1.6 million |
| 2003 | 5 | 3 | 2 | $523,000 |
| 2002 | 12 | 12 | 0 | $1.9 million |
| 2001 | 6 | 6 | 0 | $838,000 |
| 2000 | 7 | 7 | 0 | $1.1 million |
How Breckenridge ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Breckenridge and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Breckenridge | — | +4.5%† | $970 | 0 | $58,963 |
| Breckenridge | $194K | +2.1% | $970 | — | $91,071 |
| Wahpeton | $239K | +3.5% | $880 | 2 | $62,750 |
| Connelly | — | +4.5%† | $970 | — | $66,667 |
| Center | — | +14.2%† | $880 | 0 | $126,667 |
† FHFA price index change, where Zillow has no home value for the town.
2.5 years of income
The typical Breckenridge home costs about 2.5 years of the town's median household income, less than across Minnesota (3.9 years).
How Breckenridge ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Breckenridge is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Breckenridge pay a median of $515, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $670 · 4 bedrooms $1,290
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56520; Wilkin County, MN), 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, May 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.