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Housing in Posen

A typical Posen home is worth roughly $234,000

Typical home value
$234K
MN $351K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$1,750
MN $3,357

What kind of housing town is Posen?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Posen

Try your own numbers below.

You could afford about
$341,000
Typical Posen home $234K

That covers a typical Posen home, with $107K to spare.

The typical home, each month
$1,430
Loan $1,160Tax $200Insurance $70

A two-bedroom rents for about $1,000 a month here, $430 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

97% of Posen households own their home

Half of Posen’s homes were built before 1950.

Owners and renters
Own 97%Rent 3%

Minnesota: 72% own.

1950
typical home built · MN 1979
$1,750
median property tax bill · MN $3,357

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

Renting

A two-bedroom rents for about $1,000

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$770
2 bedrooms$1,000
3 bedrooms$1,200
4 bedrooms$1,420
3%
of households rent · MN 28%
3
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lyon County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Posen vs. its neighbors

Posen is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Posen$234K*—$1,000$131,875
Lucas—+1.5%†$970$91,250
Echo$187K+4%$980$101,250
Wood Lake$176K+8.5%$1,010$82,917

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Posen buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Posen still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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