Rockwood, MN housing market
Home prices around Rockwood have risen about 43% over the past 5 years. No new homes were permitted in 2012.
Home values, sales, trends and how Rockwood compares with the towns next door — updated as new data is published.
Home prices up 43% in 5 years
The federal house price index for the ZIP codes around Rockwood rose 43% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 4.7%.
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| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +4.7% | +157% | +127% |
| 2024 | +3.3% | +146% | +120% |
| 2023 | +4.9% | +138% | +113% |
| 2022 | +15% | +127% | +104% |
| 2021 | +9.2% | +97% | +82% |
| 2020 | +2.5% | +81% | +66% |
| 2019 | +3.9% | +76% | +61% |
| 2018 | +6.2% | +70% | +55% |
| 2017 | +3.5% | +60% | +46% |
| 2016 | +1.9% | +54% | +38% |
| 2015 | +4.3% | +51% | +32% |
| 2014 | −0.4% | +45% | +28% |
| 2013 | −0.9% | +46% | +21% |
| 2012 | −0.6% | +47% | +16% |
| 2011 | −0.4% | +48% | +18% |
| 2010 | −3.1% | +48% | +25% |
| 2009 | −0.1% | +53% | +33% |
| 2008 | −0.4% | +53% | +42% |
| 2007 | +3.5% | +54% | +48% |
| 2006 | +3.7% | +49% | +49% |
| 2005 | +8.5% | +43% | +45% |
| 2004 | +10% | +32% | +34% |
| 2003 | +6% | +20% | +23% |
| 2002 | +6.3% | +13% | +18% |
| 2001 | +6.6% | +6.6% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 56601, 56678, 56461, covering 81% of Rockwood’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.
No new homes permitted in 2012
No permits for new homes were issued in Rockwood in 2012 or in any year since 2012.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2012 | 0 | 0 | 0 | — |
Rockwood's permit office didn't report to the Census in 2012, so the 2012 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Rockwood and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Rockwood | +4.7%† | $1,140 | — | $103,542 |
| Schoolcraft | +0.7%† | $1,030 | — | $109,375 |
| Helga | +3.7%† | $1,110 | 4 | $98,500 |
| Grant Valley | +5%† | $1,150 | — | $80,109 |
† 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 $1,140
HUD's Fair Market Rent for a two-bedroom in Rockwood is $1,140 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Rockwood pay a median of $1,075.
Studio $860 · 4 bedrooms $1,760
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56461, 56601, 56678; Beltrami 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.