Bullard, MN housing market
Home prices around Bullard have risen about 37% over the past 5 years.
Home values, sales, trends and how Bullard compares with the towns next door — updated as new data is published.
Home prices up 37% in 5 years
The federal house price index for the ZIP codes around Bullard rose 37% over the past 5 years, about the same as across Minnesota. Last year prices fell 9.4%.
Show as a table
| Year | Change that year | Since 2001 | Minnesota since 2001 |
|---|---|---|---|
| 2025 | −9.4% | +127% | +107% |
| 2024 | +17% | +150% | +102% |
| 2023 | −6.1% | +114% | +95% |
| 2022 | +26% | +128% | +87% |
| 2021 | +8.7% | +80% | +66% |
| 2020 | +9.6% | +66% | +52% |
| 2019 | +5.4% | +51% | +48% |
| 2018 | +7.5% | +44% | +42% |
| 2017 | −1.2% | +34% | +34% |
| 2016 | +9.2% | +35% | +27% |
| 2015 | +3.6% | +24% | +21% |
| 2014 | −2.7% | +20% | +17% |
| 2013 | −1.3% | +23% | +11% |
| 2012 | +6.3% | +24% | +6.4% |
| 2011 | −10% | +17% | +8% |
| 2010 | −7.5% | +30% | +14% |
| 2009 | −0.8% | +41% | +22% |
| 2008 | +0.6% | +42% | +30% |
| 2007 | −8.4% | +41% | +36% |
| 2006 | +10% | +54% | +37% |
| 2005 | +9.8% | +39% | +33% |
| 2004 | +10% | +27% | +23% |
| 2003 | +11% | +15% | +13% |
| 2002 | +3.5% | +3.6% | +7.9% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 56479, 56481, covering 76% of Bullard’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Bullard and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Bullard | −9.4%† | $1,120 | $39,625 |
| Thomastown | −9.4%† | $1,140 | $91,094 |
| Byron | −3.2%† | $1,100 | $72,000 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Bullard is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $820 · 4 bedrooms $1,680
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56479, 56481; Cass 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. Income, ownership, taxes and rent: U.S. Census Bureau, American Community 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.