Chatfield, MN housing market
Home prices around Chatfield have risen about 39% over the past 5 years.
Home values, sales, trends and how Chatfield compares with the towns next door — updated as new data is published.
Home prices up 39% in 5 years
The federal house price index for the ZIP codes around Chatfield rose 39% over the past 5 years, about the same as across Minnesota. Last year prices rose 1.4%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +1.4% | +134% | +127% |
| 2024 | +7% | +131% | +120% |
| 2023 | +3.9% | +116% | +113% |
| 2022 | +15% | +107% | +104% |
| 2021 | +7.5% | +80% | +82% |
| 2020 | +8.4% | +68% | +66% |
| 2019 | +0.6% | +55% | +61% |
| 2018 | −0.2% | +54% | +55% |
| 2017 | +13% | +54% | +46% |
| 2016 | −1.4% | +36% | +38% |
| 2015 | +10% | +38% | +32% |
| 2014 | +4.1% | +25% | +28% |
| 2013 | −1% | +20% | +21% |
| 2012 | +2.5% | +21% | +16% |
| 2011 | −5.4% | +19% | +18% |
| 2010 | −1.3% | +25% | +25% |
| 2009 | −6.2% | +27% | +33% |
| 2008 | +4.8% | +35% | +42% |
| 2007 | +1.2% | +29% | +48% |
| 2006 | −1.1% | +28% | +49% |
| 2005 | +3.3% | +29% | +45% |
| 2004 | +7.7% | +25% | +34% |
| 2003 | +2.1% | +16% | +23% |
| 2002 | +6.1% | +14% | +18% |
| 2001 | +7.1% | +7.1% | +9.2% |
| 2000 | — | — | — |
How Chatfield ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55923, 55935, covering 76% of Chatfield’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.
Chatfield and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Chatfield | — | +1.4%† | $1,150 | — | $102,188 |
| Chatfield | $363K | +3.5% | $1,210 | 0 | $96,078 |
| Fountain | $326K | +2.9% | $970 | — | $80,714 |
| Pilot Mound | — | −6%† | $1,110 | — | $97,917 |
| Jordan | — | +2.9%† | $1,190 | — | $97,917 |
| Elmira | — | +1.4%† | $1,210 | 2 | $117,917 |
† 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 $1,150
HUD's Fair Market Rent for a two-bedroom in Chatfield is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $860 · 4 bedrooms $1,860
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55923, 55935; Rochester, 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.
Recent listings in Chatfield
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.