Jordan, MN housing market
Home prices around Jordan have risen about 41% over the past 5 years.
Home values, sales, trends and how Jordan compares with the towns next door — updated as new data is published.
Home prices up 41% in 5 years
The federal house price index for the ZIP codes around Jordan rose 41% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 2.9%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +2.9% | +127% | +127% |
| 2024 | +5.6% | +121% | +120% |
| 2023 | +5% | +109% | +113% |
| 2022 | +15% | +99% | +104% |
| 2021 | +7.8% | +74% | +82% |
| 2020 | +6.6% | +61% | +66% |
| 2019 | +2.5% | +51% | +61% |
| 2018 | +1.7% | +48% | +55% |
| 2017 | +11% | +45% | +46% |
| 2016 | −0.6% | +31% | +38% |
| 2015 | +10% | +32% | +32% |
| 2014 | +0.7% | +19% | +28% |
| 2013 | +0.1% | +19% | +21% |
| 2012 | +1.4% | +19% | +16% |
| 2011 | −3.6% | +17% | +18% |
| 2010 | −3.3% | +21% | +25% |
| 2009 | −6.1% | +25% | +33% |
| 2008 | +3% | +34% | +42% |
| 2007 | +1.2% | +30% | +48% |
| 2006 | −0.4% | +28% | +49% |
| 2005 | +4% | +29% | +45% |
| 2004 | +7.3% | +24% | +34% |
| 2003 | +3.1% | +15% | +23% |
| 2002 | +4.9% | +12% | +18% |
| 2001 | +6.5% | +6.5% | +9.2% |
| 2000 | — | — | — |
How Jordan ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55923, 55990, 55975, covering 66% of Jordan’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.
Jordan and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Jordan | +2.9%† | $1,190 | — | $97,917 |
| Sumner | +7.2%† | $1,220 | — | $86,667 |
| Orion | +3.7%† | $1,210 | 3 | $76,875 |
| Chatfield | +1.4%† | $1,150 | — | $102,188 |
† 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 $1,190
HUD's Fair Market Rent for a two-bedroom in Jordan is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Jordan pay a median of $1,554.
Studio $890 · 4 bedrooms $1,820
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55923, 55975, 55990; Rochester, MN HUD Metro FMR Area), 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.