Henrietta, MN housing market
Home prices around Henrietta have risen about 55% over the past 5 years. Builders were permitted 2 new homes in 2025.
Home values, sales, trends and how Henrietta compares with the towns next door — updated as new data is published.
Home prices up 55% in 5 years
The federal house price index for the ZIP codes around Henrietta rose 55% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 6.6%. Carrying the Census median home value forward with that index puts the typical Henrietta home at roughly $497,000 today.
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| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +6.6% | +163% | +127% |
| 2024 | +0.8% | +147% | +120% |
| 2023 | +10% | +145% | +113% |
| 2022 | +17% | +122% | +104% |
| 2021 | +12% | +90% | +82% |
| 2020 | +1.3% | +70% | +66% |
| 2019 | +7.2% | +68% | +61% |
| 2018 | +6.9% | +57% | +55% |
| 2017 | +0.6% | +47% | +46% |
| 2016 | +3% | +46% | +38% |
| 2015 | +3.1% | +42% | +32% |
| 2014 | +0.9% | +37% | +28% |
| 2013 | 0% | +36% | +21% |
| 2012 | −3.7% | +36% | +16% |
| 2011 | −1.6% | +41% | +18% |
| 2010 | −4% | +44% | +25% |
| 2009 | −4.5% | +50% | +33% |
| 2008 | −1.5% | +57% | +42% |
| 2007 | +3.6% | +59% | +48% |
| 2006 | +6.1% | +54% | +49% |
| 2005 | +11% | +45% | +45% |
| 2004 | +9.3% | +30% | +34% |
| 2003 | +6.1% | +19% | +23% |
| 2002 | +4.7% | +12% | +18% |
| 2001 | +7.1% | +7.1% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 56470, 56467, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Henrietta in 2025, all single-family houses. That's 1.4 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, Henrietta has permitted 25 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $600,000 |
| 2025 | 2 | 2 | 0 | $600,000 |
| 2024 | 6 | 6 | 0 | $1.8 million |
| 2023 | 11 | 11 | 0 | $3.3 million |
| 2022 | 6 | 6 | 0 | $1.8 million |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $200,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Henrietta and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Henrietta | — | +6.6%† | $1,000 | 2 | $72,500 |
| Lake Emma | — | +8%† | $1,010 | — | $100,521 |
| Nevis | $362K | +2.8% | $970 | — | $69,500 |
| Park Rapids | $327K | +3.8% | $1,010 | 5 | $44,747 |
| Hubbard | — | +7%† | $1,010 | — | $81,838 |
| Todd | — | +8%† | $1,010 | 2 | $86,842 |
† FHFA price index change, where Zillow has no home value for the town.
4.1 years of income
The typical Henrietta home costs about 4.1 years of the town's median household income, about the same as across Minnesota (3.9).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Henrietta is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Henrietta pay a median of $1,052. A two-bedroom takes about 17% of the town's median household income.
Studio $700 · 4 bedrooms $1,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56467, 56470; Becker 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. New homes: U.S. Census Bureau, Building Permits 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.