Ortonville, MN housing market
Home prices around Ortonville have risen about 68% over the past 5 years. No new homes were permitted in 2025.
Home values, sales, trends and how Ortonville compares with the towns next door — updated as new data is published.
Home prices up 68% in 5 years
The federal house price index for the ZIP code around Ortonville rose 68% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 6.1%. Carrying the Census median home value forward with that index puts the typical Ortonville home at roughly $214,000 today.
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| Year | Change that year | Since 2003 | Minnesota since 2003 |
|---|---|---|---|
| 2025 | +6.1% | +201% | +84% |
| 2024 | +11% | +183% | +79% |
| 2023 | +9.6% | +156% | +72% |
| 2022 | +21% | +133% | +65% |
| 2021 | +7.6% | +93% | +47% |
| 2020 | +5.5% | +79% | +34% |
| 2019 | +2.2% | +70% | +31% |
| 2018 | +7.1% | +66% | +26% |
| 2017 | +7% | +55% | +19% |
| 2016 | +1.8% | +45% | +12% |
| 2015 | −6.3% | +42% | +7.2% |
| 2014 | +9.3% | +52% | +3.7% |
| 2013 | −0.5% | +39% | −1.9% |
| 2012 | −1.8% | +40% | −5.7% |
| 2011 | +3.4% | +42% | −4.3% |
| 2010 | −7.4% | +38% | +1.2% |
| 2009 | +0.9% | +49% | +7.7% |
| 2008 | +2.1% | +47% | +15% |
| 2007 | +5.3% | +44% | +20% |
| 2006 | +2.4% | +37% | +21% |
| 2005 | +26% | +34% | +18% |
| 2004 | +6.4% | +6.4% | +8.8% |
| 2003 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56278, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2025
No permits for new homes were issued in Ortonville in 2025. The last year with any was 2021 (2 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ortonville gained 105 residents while 8 new homes were permitted: about 13 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.
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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 | 0 | 0 | 0 | — |
| 2021 | 2 | 2 | 0 | $525,000 |
| 2020 | 5 | 1 | 4 | $650,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 2 | 2 | 0 | $356,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 3 | 3 | 0 | $764,000 |
| 2012 | 2 | 2 | 0 | $505,000 |
| 2011 | 1 | 1 | 0 | $138,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 5 | 3 | 2 | $742,000 |
| 2008 | 3 | 3 | 0 | $362,000 |
| 2007 | 4 | 4 | 0 | $483,000 |
| 2006 | 5 | 5 | 0 | $604,000 |
| 2005 | 5 | 5 | 0 | $604,000 |
| 2004 | 6 | 6 | 0 | $725,000 |
| 2003 | 5 | 5 | 0 | $604,000 |
| 2002 | 5 | 5 | 0 | $604,000 |
| 2001 | 5 | 5 | 0 | $604,000 |
| 2000 | 5 | 5 | 0 | $604,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Ortonville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Ortonville | — | +6.1%† | $980 | 0 | $56,133 |
| Ortonville | $203K | +11.2% | $980 | — | — |
| Big Stone | — | +6.1%† | $980 | — | $84,688 |
| Big Stone City | $251K | +7.5% | $940 | 0 | $63,333 |
† FHFA price index change, where Zillow has no home value for the town.
3 years of income
The typical Ortonville home costs about 3 years of the town's median household income, less than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Ortonville is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ortonville pay a median of $747, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $670 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56278; Big Stone 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.