Riverton, MN housing market
Home prices around Riverton have risen about 76% over the past 5 years. No new homes were permitted in 2025.
Home values, sales, trends and how Riverton compares with the towns next door — updated as new data is published.
Home prices up 76% in 5 years
The federal house price index for the ZIP code around Riverton rose 76% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 25%.
Show as a table
| Year | Change that year | Since 2001 | Minnesota since 2001 |
|---|---|---|---|
| 2025 | +25% | +153% | +107% |
| 2024 | −5.5% | +103% | +102% |
| 2023 | +25% | +115% | +95% |
| 2022 | +8.4% | +72% | +87% |
| 2021 | +10% | +58% | +66% |
| 2020 | +0.2% | +44% | +52% |
| 2019 | +9.4% | +43% | +48% |
| 2018 | +9.7% | +31% | +42% |
| 2017 | −3% | +19% | +34% |
| 2016 | +4.6% | +23% | +27% |
| 2015 | +6.9% | +18% | +21% |
| 2014 | −0.8% | +10% | +17% |
| 2013 | +9.1% | +11% | +11% |
| 2012 | −11% | +1.7% | +6.4% |
| 2011 | −1.4% | +14% | +8% |
| 2010 | −5.4% | +15% | +14% |
| 2009 | −0.9% | +22% | +22% |
| 2008 | −8.6% | +23% | +30% |
| 2007 | −1% | +35% | +36% |
| 2006 | +8.5% | +36% | +37% |
| 2005 | +6.5% | +25% | +33% |
| 2004 | +6.2% | +18% | +23% |
| 2003 | +4.2% | +11% | +13% |
| 2002 | +6.4% | +6.4% | +7.9% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56455, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2025
No permits for new homes were issued in Riverton in 2025 or in any year since 2000.
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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 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Riverton's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Riverton and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Riverton | +24.6%† | $1,240 | 0 | $55,313 |
| Irondale | +24.4%† | $1,200 | 4 | $86,591 |
| Oak Lawn | +5.3%† | $1,060 | — | $85,417 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,240
HUD's Fair Market Rent for a two-bedroom in Riverton is $1,240 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $850 · 4 bedrooms $1,740
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56455; Crow Wing 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.