Munch, MN housing market
Home prices around Munch have risen about 60% over the past 5 years. Builders were permitted 2 new homes in 2022.
Home values, sales, trends and how Munch compares with the towns next door — updated as new data is published.
Home prices up 60% in 5 years
The federal house price index for the ZIP codes around Munch rose 60% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 8.3%.
Show as a table
| Year | Change that year | Since 2001 | Minnesota since 2001 |
|---|---|---|---|
| 2025 | +8.3% | +106% | +107% |
| 2024 | +13% | +90% | +102% |
| 2023 | −1.7% | +68% | +95% |
| 2022 | +13% | +71% | +87% |
| 2021 | +18% | +52% | +66% |
| 2020 | +2% | +29% | +52% |
| 2019 | +7.5% | +26% | +48% |
| 2018 | +8.7% | +18% | +42% |
| 2017 | +11% | +8.2% | +34% |
| 2016 | +2.5% | −2.4% | +27% |
| 2015 | +3.3% | −4.7% | +21% |
| 2014 | +6% | −7.8% | +17% |
| 2013 | −7.6% | −13% | +11% |
| 2012 | −3.3% | −5.8% | +6.4% |
| 2011 | −3.8% | −2.7% | +8% |
| 2010 | −10% | +1.2% | +14% |
| 2009 | −11% | +12% | +22% |
| 2008 | −2% | +27% | +30% |
| 2007 | −1.5% | +30% | +36% |
| 2006 | −0.3% | +32% | +37% |
| 2005 | +12% | +32% | +33% |
| 2004 | +7.5% | +18% | +23% |
| 2003 | +1.3% | +9.8% | +13% |
| 2002 | +8.3% | +8.3% | +7.9% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55037, 55063, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
2 new homes permitted in 2022
Builders were permitted 2 new homes in Munch in 2022, all single-family houses. Over the past 10 years, Munch has permitted 11 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Munch gained 66 residents while 14 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
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2022 | 2 | 2 | 0 | $204,000 |
| 2021 | 1 | 1 | 0 | $102,000 |
| 2020 | 1 | 1 | 0 | $102,000 |
| 2019 | 1 | 1 | 0 | $102,000 |
| 2018 | 1 | 1 | 0 | $102,000 |
| 2017 | 1 | 1 | 0 | $102,000 |
| 2016 | 1 | 1 | 0 | $102,000 |
| 2015 | 1 | 1 | 0 | $102,000 |
| 2014 | 1 | 1 | 0 | $102,000 |
| 2013 | 1 | 1 | 0 | $100,000 |
| 2012 | 1 | 1 | 0 | $125,000 |
| 2011 | 3 | 3 | 0 | $435,000 |
| 2010 | 3 | 3 | 0 | $435,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 0 | 2 | $152,000 |
| 2007 | 2 | 2 | 0 | $363,000 |
| 2006 | 3 | 3 | 0 | $544,000 |
| 2005 | 3 | 3 | 0 | $544,000 |
| 2004 | 11 | 11 | 0 | $1.2 million |
| 2003 | 10 | 10 | 0 | $1.1 million |
| 2002 | 10 | 10 | 0 | $1.1 million |
| 2001 | 10 | 10 | 0 | $1.1 million |
| 2000 | 0 | 0 | 0 | — |
Munch's permit office didn't report to the Census in 2022, so the 2022 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Munch and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Munch | +8.3%† | $1,080 | — | $67,083 |
| Crosby | +8.6%† | $1,120 | — | $71,406 |
| Barry | +8.6%† | $1,120 | — | $68,182 |
| Chengwatana | +7.4%† | $980 | 7 | $77,500 |
| Mission Creek | −1.4%† | $1,090 | 0 | $47,500 |
† 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 $1,080
HUD's Fair Market Rent for a two-bedroom in Munch is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $810 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55037, 55063; Kanabec County, MN), 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. 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.