Great Bend, MN housing market
Home prices around Great Bend have risen about 37% over the past 5 years.
Home values, sales, trends and how Great Bend compares with the towns next door — updated as new data is published.
Home prices up 37% in 5 years
The federal house price index for the ZIP code around Great Bend rose 37% over the past 5 years, about the same as across Minnesota. Last year prices rose 13%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +13% | +138% | +127% |
| 2024 | −2.4% | +110% | +120% |
| 2023 | −7.1% | +115% | +113% |
| 2022 | +18% | +131% | +104% |
| 2021 | +13% | +96% | +82% |
| 2020 | +0.5% | +74% | +66% |
| 2019 | +4.4% | +73% | +61% |
| 2018 | +3.8% | +66% | +55% |
| 2017 | +1.3% | +60% | +46% |
| 2016 | +1.1% | +58% | +38% |
| 2015 | +11% | +56% | +32% |
| 2014 | +0.1% | +41% | +28% |
| 2013 | +2% | +41% | +21% |
| 2012 | +0.1% | +38% | +16% |
| 2011 | +2.7% | +38% | +18% |
| 2010 | −7.4% | +34% | +25% |
| 2009 | +3.7% | +45% | +33% |
| 2008 | +2.5% | +40% | +42% |
| 2007 | +1.2% | +36% | +48% |
| 2006 | +4.8% | +35% | +49% |
| 2005 | +2.5% | +29% | +45% |
| 2004 | +5.8% | +26% | +34% |
| 2003 | +1.2% | +19% | +23% |
| 2002 | +7% | +17% | +18% |
| 2001 | +9.7% | +9.7% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56101, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Great Bend and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Great Bend | — | +13.3%† | $1,040 | — | $68,750 |
| Windom | $181K | +0.3% | $1,040 | 4 | $74,899 |
| Delafield | — | +13.3%† | $1,030 | — | $112,917 |
| Dale | — | +13.3%† | $1,030 | — | $108,750 |
† 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 $1,040
HUD's Fair Market Rent for a two-bedroom in Great Bend is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Great Bend pay a median of $792, so moving in tends to cost more than staying put.
Studio $720 · 4 bedrooms $1,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56101; Cottonwood 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. 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.