Housing · Le Roy

Le Roy, MN housing market

The median sale price was $1,000,000 in March 2026.

Home values, sales, trends and how Le Roy compares with the towns next door — updated as new data is published.

The market right now

Le Roy at a glance

Median sale price
$1M
March 2026 · Redfin
Homes sold
1
in March · 2 for sale

Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

2 new homes permitted in 2025

Builders were permitted 2 new homes in Le Roy in 2025, all single-family houses. Over the past 10 years, Le Roy has permitted 12 homes in all.

New homes, 2025
2
2 in 2024
2026 so far
1
Jan–Aug
Single-family
100%
of 2025’s new homes
Single-family2026 so far
02468 2000: 4 homes 2000 2001: 2 homes 2002: 2 homes 2003: 4 homes 2004: 3 homes 2005: 6 homes 2005 2006: 8 homes 2007: 0 homes 2008: 1 home 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 1 home 2015 2016: 2 homes 2017: 1 home 2018: 0 homes 2019: 2 homes 2020: 1 home 2020 2021: 0 homes 2022: 1 home 2023: 1 home 2024: 2 homes 2025: 2 homes 2025 2026 so far: 1 home

Homes vs. people, 2010–2020

Residents+28
New homes+6

Between the 2010 and 2020 censuses, Le Roy gained 28 residents while 6 new homes were permitted: about 4.7 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Minnesota: 2.2 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)110$375,000
2025220$750,000
2024220$900,000
2023110$220,000
2022110$250,000
2021000—
2020110$307,000
2019220$550,000
2018000—
2017110$200,000
2016220$468,000
2015110$135,000
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008110$150,000
2007000—
2006880$1.4 million
2005660$715,000
2004330$370,000
2003440$463,000
2002220$160,000
2001220$160,000
2000440$360,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
79.1%
Median tax bill
$1,673
Median rent
$697
Typical home built
1963

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $970

HUD's Fair Market Rent for a two-bedroom in Le Roy is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Le Roy pay a median of $697, so moving in tends to cost more than staying put.

1 bedroom
$740
a month, with utilities
2 bedrooms
$970
a month, with utilities
3 bedrooms
$1,260
a month, with utilities

Studio $680 · 4 bedrooms $1,350

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55951; Fillmore County, 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, March 2026. 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 coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01