Callaway, MN housing market
The typical Callaway home is worth about $265,000, up 8.3% in a year, 24% below the Minnesota typical home.
Home values, sales, trends and how Callaway compares with the towns next door — updated as new data is published.
Callaway at a glance
Typical home value, 2016–2026
Show as a table
| January | Callaway | Minnesota |
|---|---|---|
| 2017 | $147,000 | $217,000 |
| 2018 | $153,000 | $232,000 |
| 2019 | $161,000 | $246,000 |
| 2020 | $161,000 | $259,000 |
| 2021 | $185,000 | $282,000 |
| 2022 | $200,000 | $313,000 |
| 2023 | $224,000 | $325,000 |
| 2024 | $237,000 | $331,000 |
| 2025 | $241,000 | $341,000 |
| 2026 | $256,000 | $349,000 |
| August 2026 | $265,000 | $351,000 |
Callaway and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Callaway | $265K | +8.3% | $1,010 | — | $73,929 |
| Richwood | — | +6%† | $1,050 | — | $69,750 |
| Callaway | — | — | $970 | 0 | $53,125 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,010
HUD's Fair Market Rent for a two-bedroom in Callaway is $1,010 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $690 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56521, 56569; Becker 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, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.