Dell Grove, MN housing market
Home prices around Dell Grove have risen about 61% over the past 5 years. Builders were permitted 6 new homes in 2025.
Home values, sales, trends and how Dell Grove compares with the towns next door — updated as new data is published.
Home prices up 61% in 5 years
The federal house price index for the ZIP codes around Dell Grove rose 61% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 13%.
Show as a table
| Year | Change that year | Since 2002 | Minnesota since 2002 |
|---|---|---|---|
| 2025 | +13% | +99% | +92% |
| 2024 | +5.9% | +76% | +87% |
| 2023 | +8.4% | +66% | +80% |
| 2022 | +9.2% | +54% | +73% |
| 2021 | +14% | +41% | +54% |
| 2020 | +7.4% | +24% | +41% |
| 2019 | +0.2% | +15% | +37% |
| 2018 | +9.4% | +15% | +31% |
| 2017 | +7.9% | +5.2% | +24% |
| 2016 | +0.3% | −2.5% | +17% |
| 2015 | +8.5% | −2.8% | +12% |
| 2014 | +1.7% | −10% | +8.5% |
| 2013 | −5.3% | −12% | +2.6% |
| 2012 | −7.1% | −6.9% | −1.3% |
| 2011 | −1.8% | +0.2% | +0.1% |
| 2010 | −8.4% | +2.1% | +5.9% |
| 2009 | −14% | +11% | +13% |
| 2008 | +4.3% | +30% | +20% |
| 2007 | −1.1% | +24% | +26% |
| 2006 | +1.2% | +25% | +27% |
| 2005 | +9.9% | +24% | +23% |
| 2004 | +6.3% | +13% | +14% |
| 2003 | +6.1% | +6.1% | +4.7% |
| 2002 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55072, 55037, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
6 new homes permitted in 2025
Builders were permitted 6 new homes in Dell Grove in 2025, all single-family houses, worth about $2 million to build. Over the past 10 years, Dell Grove has permitted 51 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $655,000 |
| 2025 | 6 | 6 | 0 | $2 million |
| 2024 | 7 | 7 | 0 | $2.2 million |
| 2023 | 4 | 4 | 0 | $1.2 million |
| 2022 | 6 | 6 | 0 | $1.6 million |
| 2021 | 6 | 6 | 0 | $1.5 million |
| 2020 | 9 | 9 | 0 | $2.1 million |
| 2019 | 3 | 3 | 0 | $644,000 |
| 2018 | 3 | 3 | 0 | $644,000 |
| 2017 | 4 | 4 | 0 | $847,000 |
| 2016 | 3 | 3 | 0 | $627,000 |
| 2015 | 3 | 3 | 0 | $604,000 |
| 2014 | 2 | 2 | 0 | $389,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $173,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Dell Grove and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Dell Grove | — | +12.7%† | $1,180 | 6 | $71,083 |
| Pine Lake | — | — | $1,190 | — | $62,697 |
| Kroschel | — | +12%† | $1,170 | 0 | $68,750 |
| Sandstone | $237K | +5.3% | $1,190 | — | $69,531 |
| Hinckley | $194K | +4.7% | $1,120 | 23 | $63,125 |
| Finlayson | $278K | +5% | $1,130 | 0 | $70,156 |
† 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 $1,180
HUD's Fair Market Rent for a two-bedroom in Dell Grove is $1,180 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Dell Grove pay a median of $950, so moving in tends to cost more than staying put.
Studio $890 · 4 bedrooms $1,570
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55037, 55072; Aitkin 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. 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.