Housing · Ghent

Ghent, MN housing market

The median sale price was $103,000 in May 2026.

Home values, sales, trends and how Ghent compares with the towns next door — updated as new data is published.

The market right now

Ghent at a glance

Median sale price
$103K
May 2026 · Redfin
Homes sold
1
in May

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Ghent in 2025. The last year with any was 2022 (1 new home).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-family2026 so far
05101520 2000: 0 homes 2000 2001: 0 homes 2002: 0 homes 2003: 5 homes 2004: 16 homes 2005: 16 homes 2005 2006: 1 home 2007: 0 homes 2008: 1 home 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 1 home 2014: 0 homes 2015: 0 homes 2015 2016: 0 homes 2017: 1 home 2018: 0 homes 2019: 0 homes 2020: 1 home 2020 2021: 2 homes 2022: 1 home 2023: 0 homes 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes
Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022110$497,000
2021220$711,000
2020110$225,000
2019000—
2018000—
2017110$200,000
2016000—
2015000—
2014000—
2013110$350,000
2012000—
2011000—
2010000—
2009000—
2008110$103,000
2007000—
2006110$166,000
200516160$1.8 million
200416160$1.8 million
2003550$391,000
2002000—
2001000—
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
84.3%
Median tax bill
$1,917
Median rent
$936
Typical home built
1976

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,100

HUD's Fair Market Rent for a two-bedroom in Ghent is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ghent pay a median of $936, so moving in tends to cost more than staying put.

1 bedroom
$940
a month, with utilities
2 bedrooms
$1,100
a month, with utilities
3 bedrooms
$1,530
a month, with utilities

Studio $770 · 4 bedrooms $1,850

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56239; Lyon 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01