Mazeppa, MN housing market
The typical Mazeppa home is worth about $389,000, up 8.3% in a year, 11% above the Minnesota typical home.
Home values, sales, trends and how Mazeppa compares with the towns next door — updated as new data is published.
Mazeppa at a glance
Typical home value, 2016–2026
Show as a table
| January | Mazeppa | Minnesota |
|---|---|---|
| 2017 | $196,000 | $217,000 |
| 2018 | $208,000 | $232,000 |
| 2019 | $227,000 | $246,000 |
| 2020 | $237,000 | $259,000 |
| 2021 | $258,000 | $282,000 |
| 2022 | $291,000 | $313,000 |
| 2023 | $310,000 | $325,000 |
| 2024 | $331,000 | $331,000 |
| 2025 | $352,000 | $341,000 |
| 2026 | $372,000 | $349,000 |
| August 2026 | $389,000 | $351,000 |
Mazeppa and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mazeppa | $389K | +8.3% | $1,270 | — | $95,750 |
| Mazeppa | — | — | $1,280 | 4 | $92,061 |
| Pine Island | $380K | +2.6% | $1,140 | — | $116,858 |
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 $1,270
HUD's Fair Market Rent for a two-bedroom in Mazeppa is $1,270 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mazeppa pay a median of $1,075, so moving in tends to cost more than staying put.
Studio $1,040 · 4 bedrooms $2,120
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55956, 55991; 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, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.