Osakis, MN housing market
Home prices around Osakis have risen about 38% over the past 5 years.
Home values, sales, trends and how Osakis compares with the towns next door — updated as new data is published.
Home prices up 38% in 5 years
The federal house price index for the ZIP codes around Osakis rose 38% over the past 5 years, about the same as across Minnesota. Last year prices fell 6.2%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | −6.2% | +130% | +127% |
| 2024 | −8.7% | +145% | +120% |
| 2023 | +19% | +168% | +113% |
| 2022 | +24% | +125% | +104% |
| 2021 | +9.2% | +82% | +82% |
| 2020 | +2.2% | +67% | +66% |
| 2019 | +3% | +63% | +61% |
| 2018 | +3.8% | +58% | +55% |
| 2017 | +7% | +53% | +46% |
| 2016 | +5.9% | +43% | +38% |
| 2015 | +3.5% | +35% | +32% |
| 2014 | −1.1% | +30% | +28% |
| 2013 | +3.1% | +32% | +21% |
| 2012 | −2.7% | +27% | +16% |
| 2011 | −3.4% | +31% | +18% |
| 2010 | −8% | +36% | +25% |
| 2009 | −3.3% | +47% | +33% |
| 2008 | −1.7% | +52% | +42% |
| 2007 | +1.5% | +55% | +48% |
| 2006 | +9.1% | +53% | +49% |
| 2005 | +7.3% | +40% | +45% |
| 2004 | +14% | +30% | +34% |
| 2003 | +4.5% | +14% | +23% |
| 2002 | +7% | +9.4% | +18% |
| 2001 | +2.2% | +2.2% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 56360, 56355, covering 84% of Osakis’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Osakis and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Osakis | — | −6.2%† | $1,050 | — | $90,417 |
| Osakis | $286K | +2.6% | $1,040 | 2 | $50,833 |
| Gordon | — | −6.2%† | $1,040 | — | $69,479 |
| Alexandria | $298K | +3.8% | $1,020 | 17 | $93,864 |
| Orange | — | −4.9%† | $1,040 | — | $87,065 |
† 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 $1,050
HUD's Fair Market Rent for a two-bedroom in Osakis is $1,050 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Osakis pay a median of $1,938.
Studio $780 · 4 bedrooms $1,610
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56355, 56360; St. Cloud, MN 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. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community 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.