A typical Rocksbury home is worth roughly $232,000
Home prices around Rocksbury have risen about 18% over the past 5 years. No new homes were permitted in 2025.
What kind of housing town is Rocksbury?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.1 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical Rocksbury home, with $187K to spare.
A two-bedroom rents for about $1,140 a month here, $320 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Rocksbury’s typical property tax (1.27% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
93% of Rocksbury households own their home
Half of Rocksbury’s homes were built before 1977.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 18% in 5 years
The federal house price index for the ZIP codes around Rocksbury rose 18% over the past 5 years, slower than across Minnesota (37%). Last year prices fell 0.9%. Carrying the Census median home value forward with that index puts the typical Rocksbury home at roughly $232,000 today.
Carrying the Census median forward with the index puts a typical home at about $232K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Rocksbury, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,140
Renters already here pay a median of $865, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grand Forks, ND-MN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Rocksbury in 2025. The last year with any was 2023 (2 new homes).
Between the 2010 and 2020 censuses, Rocksbury's population fell by 109 even though 7 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Minnesota: 2.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 2 | 2 | 0 | $606,000 |
| 2022 | 1 | 1 | 0 | $273,000 |
| 2021 | 1 | 1 | 0 | $245,000 |
| 2020 | 1 | 1 | 0 | $238,000 |
| 2019 | 1 | 1 | 0 | $209,000 |
| 2018 | 1 | 1 | 0 | $209,000 |
| 2017 | 1 | 1 | 0 | $209,000 |
| 2016 | 1 | 1 | 0 | $209,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $183,000 |
| 2012 | 1 | 1 | 0 | $173,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $160,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $149,000 |
| 2006 | 1 | 1 | 0 | $149,000 |
| 2005 | 6 | 6 | 0 | $731,000 |
| 2004 | 6 | 6 | 0 | $731,000 |
| 2003 | 7 | 7 | 0 | $860,000 |
| 2002 | 5 | 5 | 0 | $582,000 |
| 2001 | 3 | 3 | 0 | $336,000 |
| 2000 | 3 | 3 | 0 | $325,000 |
Rocksbury'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.
Rocksbury vs. its neighbors
Rocksbury is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Rocksbury | $232K* | −0.9%† | $1,140 | 0 | $112,548 |
| Thief River Falls | $186K | −3% | $1,130 | 0 | $71,144 |
| North | $255K* | −0.9%† | $1,130 | 1 | $87,083 |
| Smiley | — | −0.9%† | $1,130 | — | $90,893 |
| Sanders | — | −0.9%† | $1,130 | 0 | $101,094 |
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 Rocksbury buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. The calculator is an estimate, not a loan offer.