Kettle River, MN housing market
The typical Kettle River home is worth about $229,000, up 6.4% in a year, 35% below the Minnesota typical home.
Home values, sales, trends and how Kettle River compares with the towns next door — updated as new data is published.
Kettle River at a glance
Typical home value, 2022–2026
Show as a table
| January | Kettle River | Minnesota |
|---|---|---|
| 2023 | $185,000 | $325,000 |
| 2024 | $198,000 | $331,000 |
| 2025 | $203,000 | $341,000 |
| 2026 | $225,000 | $349,000 |
| August 2026 | $229,000 | $351,000 |
No new homes permitted in 2025
No permits for new homes were issued in Kettle River in 2025. The last year with any was 2022 (1 new home).
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| 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 | 1 | 1 | 0 | $238,000 |
| 2021 | 1 | 1 | 0 | $238,000 |
| 2020 | 1 | 1 | 0 | $238,000 |
| 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 | 1 | 1 | 0 | $40,000 |
| 2004 | 1 | 1 | 0 | $135,000 |
| 2003 | 2 | 2 | 0 | $150,000 |
| 2002 | 3 | 3 | 0 | $192,000 |
| 2001 | 1 | 1 | 0 | $102,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
A two-bedroom rents for about $1,150
HUD's Fair Market Rent for a two-bedroom in Kettle River is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $820 · 4 bedrooms $1,830
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55757, 55767; Duluth, MN-WI MSA), 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, August 2026. 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.