A typical Hilltop home is worth roughly $26,000
Home prices around Hilltop have risen about 32% over the past 5 years. No new homes were permitted in 2025.
What kind of housing town is Hilltop?
Read from the numbers below. The page puts what stands out first.
A typical home costs 0.5 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical Hilltop home, with $186K to spare.
A two-bedroom rents for about $1,530 a month here, $1,370 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hilltop’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 32% in 5 years
The federal house price index for the ZIP code around Hilltop rose 32% over the past 5 years, slower than across Minnesota (37%). Last year prices rose 2.2%. Carrying the Census median home value forward with that index puts the typical Hilltop home at roughly $26,000 today.
Carrying the Census median forward with the index puts a typical home at about $26K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Hilltop, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,530
Renters already here pay a median of $1,127, 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 (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Hilltop in 2025 or in any year since 2000.
Between the 2010 and 2020 censuses, Hilltop gained 214 residents with no new homes permitted, so the growth came from existing homes. 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) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 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 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Hilltop's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
58% of Hilltop households own their home
Half of Hilltop’s homes were built before 1971.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Hilltop 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. 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. The calculator is an estimate, not a loan offer.