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Housing in Sweet

A typical Sweet home is worth roughly $235,000

Home prices around Sweet have risen about 39% over the past 5 years.

Typical home value
$235K
▼ 3.9% in a year · MN $351K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$1,470
MN $3,357

What kind of housing town is Sweet?

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

★ What stands out · Affordability

What it takes to buy in Sweet

Try your own numbers below.

You could afford about
$341,000
Typical Sweet home $235K

That covers a typical Sweet home, with $106K to spare.

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

A two-bedroom rents for about $970 a month here, $460 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.

Price trend

Home prices up 39% in 5 years

The federal house price index for the ZIP code around Sweet rose 39% over the past 5 years, about the same as across Minnesota. Last year prices fell 3.9%.

Sweet areaMinnesota
0%+50%+100%+150%+200%200020052010201520202025
−3.9%
past year
+39%
past 5 years
+70%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Sweet, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

94% of Sweet households own their home

Half of Sweet’s homes were built before 1973.

Owners and renters
Own 94%Rent 6%

Minnesota: 72% own.

1973
typical home built · MN 1979
$1,470
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 $970

Renters already here pay a median of $1,292.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$740
2 bedrooms$970
3 bedrooms$1,200
4 bedrooms$1,530
6%
of households rent · MN 28%
5
renter households
$1,292
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lincoln 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

Sweet vs. its neighbors

The towns that share a border with Sweet. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Sweet$235K*−3.9%†$970—$134,500
Pipestone$151K+5.2%$9707$67,568
Troy—−3.9%†$970—$71,250
Gray—−3.9%†$970—$133,250

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 Sweet buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Sweet 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. 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.

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