A typical Hendricks home is worth roughly $116,000
Builders were permitted 4 new homes in 2025.
What kind of housing town is Hendricks?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.3 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical Hendricks home, with $71K to spare.
A two-bedroom rents for about $970 a month here, $230 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hendricks’s typical property tax (1.36% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Renters already here pay a median of $775, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lincoln County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Hendricks in 2025, all in buildings with two or more homes, worth about $1.2 million to build. Over the past 10 years, Hendricks has permitted 17 homes in all.
Between the 2010 and 2020 censuses, Hendricks's population fell by 97 even though 9 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Minnesota: 2.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 0 | 3 | $900,000 |
| 2025 | 4 | 0 | 4 | $1.2 million |
| 2024 | 2 | 2 | 0 | $480,000 |
| 2023 | 1 | 1 | 0 | $300,000 |
| 2022 | 1 | 1 | 0 | $450,000 |
| 2021 | 1 | 1 | 0 | $105,000 |
| 2020 | 1 | 1 | 0 | $250,000 |
| 2019 | 2 | 2 | 0 | $445,000 |
| 2018 | 1 | 1 | 0 | $200,000 |
| 2017 | 1 | 1 | 0 | $200,000 |
| 2016 | 3 | 1 | 2 | $530,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $275,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $200,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $250,000 |
| 2008 | 1 | 1 | 0 | $300,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 4 | 4 | 0 | $330,000 |
| 2004 | 3 | 3 | 0 | $320,000 |
| 2003 | 3 | 1 | 2 | $185,000 |
| 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.
77% of Hendricks households own their home
Half of Hendricks’s homes were built before 1958.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
On the market in Hendricks
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Hendricks buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.