Gillford, MN housing market
Home prices around Gillford have risen about 56% over the past 5 years.
Home values, sales, trends and how Gillford compares with the towns next door — updated as new data is published.
Home prices up 56% in 5 years
The federal house price index for the ZIP codes around Gillford rose 56% over the past 5 years, faster than across Minnesota (37%). Last year prices fell 2.2%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | −2.2% | +149% | +127% |
| 2024 | +14% | +155% | +120% |
| 2023 | +5.8% | +124% | +113% |
| 2022 | +17% | +112% | +104% |
| 2021 | +13% | +81% | +82% |
| 2020 | +0.1% | +60% | +66% |
| 2019 | +4.2% | +60% | +61% |
| 2018 | +7.3% | +54% | +55% |
| 2017 | +0.8% | +43% | +46% |
| 2016 | +4.5% | +42% | +38% |
| 2015 | +5.2% | +36% | +32% |
| 2014 | +0.9% | +29% | +28% |
| 2013 | −1.3% | +28% | +21% |
| 2012 | +2.8% | +30% | +16% |
| 2011 | −3.7% | +26% | +18% |
| 2010 | −5.7% | +31% | +25% |
| 2009 | −5.9% | +39% | +33% |
| 2008 | −3.6% | +48% | +42% |
| 2007 | +3.2% | +53% | +48% |
| 2006 | +4.6% | +49% | +49% |
| 2005 | +4.6% | +42% | +45% |
| 2004 | +8.2% | +36% | +34% |
| 2003 | +4% | +26% | +23% |
| 2002 | +7.1% | +21% | +18% |
| 2001 | +13% | +13% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55041, 55991, 55957, covering 72% of Gillford’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.
Gillford and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Gillford | — | −2.2%† | $1,220 | — | $86,250 |
| Mount Pleasant | — | −2.2%† | $1,240 | — | $105,179 |
| West Albany | — | −2%† | $1,140 | — | $90,192 |
| Zumbro Falls | $471K | +10.8% | $1,210 | 0 | $93,542 |
† 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 $1,220
HUD's Fair Market Rent for a two-bedroom in Gillford is $1,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Gillford pay a median of $750, so moving in tends to cost more than staying put.
Studio $990 · 4 bedrooms $2,050
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55041, 55957, 55991; Wabasha County, 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.
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.