Havana, MN housing market
Home prices around Havana have risen about 46% over the past 5 years.
Home values, sales, trends and how Havana compares with the towns next door — updated as new data is published.
Home prices up 46% in 5 years
The federal house price index for the ZIP codes around Havana rose 46% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 4.4%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +4.4% | +130% | +127% |
| 2024 | +4.3% | +121% | +120% |
| 2023 | +6.7% | +111% | +113% |
| 2022 | +15% | +98% | +104% |
| 2021 | +9.4% | +73% | +82% |
| 2020 | +4.5% | +58% | +66% |
| 2019 | +7.1% | +51% | +61% |
| 2018 | +1.7% | +41% | +55% |
| 2017 | +3.9% | +39% | +46% |
| 2016 | +15% | +33% | +38% |
| 2015 | 0% | +16% | +32% |
| 2014 | −0.4% | +16% | +28% |
| 2013 | 0% | +17% | +21% |
| 2012 | +0.4% | +17% | +16% |
| 2011 | −5.5% | +16% | +18% |
| 2010 | −3.7% | +23% | +25% |
| 2009 | −5.4% | +28% | +33% |
| 2008 | −2.8% | +35% | +42% |
| 2007 | −2% | +39% | +48% |
| 2006 | +4.9% | +41% | +49% |
| 2005 | +12% | +35% | +45% |
| 2004 | +2.8% | +21% | +34% |
| 2003 | +5.2% | +17% | +23% |
| 2002 | +4.3% | +12% | +18% |
| 2001 | +7% | +7% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55060, 55924, covering 65% of Havana’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.
Havana and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Havana | — | +4.4%† | $1,170 | $91,563 |
| Owatonna | $299K | +2.2% | $1,150 | $129,750 |
| Merton | — | +1.7%† | $1,160 | $92,292 |
| Claremont | $305K | +6.1% | $1,210 | $98,750 |
| Aurora | — | +2.3%† | $1,190 | $86,667 |
† 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 $1,170
HUD's Fair Market Rent for a two-bedroom in Havana is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Havana pay a median of $1,292.
Studio $830 · 4 bedrooms $1,900
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55060, 55924; Steele 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.