Shieldsville, MN housing market
Home prices around Shieldsville have risen about 40% over the past 5 years.
Home values, sales, trends and how Shieldsville compares with the towns next door — updated as new data is published.
Home prices up 40% in 5 years
The federal house price index for the ZIP codes around Shieldsville rose 40% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 5%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +5% | +121% | +127% |
| 2024 | +0.8% | +111% | +120% |
| 2023 | +7.4% | +109% | +113% |
| 2022 | +14% | +95% | +104% |
| 2021 | +8% | +70% | +82% |
| 2020 | +5% | +57% | +66% |
| 2019 | +4.5% | +50% | +61% |
| 2018 | +6.1% | +43% | +55% |
| 2017 | −3.9% | +35% | +46% |
| 2016 | +9.3% | +41% | +38% |
| 2015 | +13% | +29% | +32% |
| 2014 | −4.1% | +13% | +28% |
| 2013 | +7.3% | +18% | +21% |
| 2012 | −2.5% | +10% | +16% |
| 2011 | −2.9% | +13% | +18% |
| 2010 | −10% | +16% | +25% |
| 2009 | −0.4% | +30% | +33% |
| 2008 | −10% | +30% | +42% |
| 2007 | +2% | +45% | +48% |
| 2006 | +0.3% | +43% | +49% |
| 2005 | +7.2% | +42% | +45% |
| 2004 | +13% | +33% | +34% |
| 2003 | +2.6% | +18% | +23% |
| 2002 | +6.1% | +15% | +18% |
| 2001 | +8.1% | +8.1% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 56052, 55021, 55052, 56069, 56096, covering 57% of Shieldsville’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.
Shieldsville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Shieldsville | — | +5%† | $1,390 | $100,625 |
| Wells | — | +3.8%† | $1,210 | $87,574 |
| Morristown | $326K | +3.3% | $1,190 | $85,417 |
| Erin | — | +3%† | $1,300 | $108,583 |
† 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 $1,390
HUD's Fair Market Rent for a two-bedroom in Shieldsville is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shieldsville pay a median of $1,514.
Studio $1,060 · 4 bedrooms $2,290
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55021, 55052, 56052, 56069, 56096; Le Sueur County, MN HUD Metro FMR Area), 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.