Taylors Falls, MN housing market
The typical Taylors Falls home is worth about $357,000, up 3% in a year, close to the Minnesota typical home.
Home values, sales, trends and how Taylors Falls compares with the towns next door — updated as new data is published.
Taylors Falls at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Taylors Falls | Minnesota |
|---|---|---|
| 2017 | $193,000 | $217,000 |
| 2018 | $223,000 | $232,000 |
| 2019 | $246,000 | $246,000 |
| 2020 | $258,000 | $259,000 |
| 2021 | $291,000 | $282,000 |
| 2022 | $325,000 | $313,000 |
| 2023 | $336,000 | $325,000 |
| 2024 | $335,000 | $331,000 |
| 2025 | $345,000 | $341,000 |
| 2026 | $350,000 | $349,000 |
| August 2026 | $357,000 | $351,000 |
No new homes permitted in 2023
No permits for new homes were issued in Taylors Falls in 2023. The last year with any was 2021 (2 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Taylors Falls gained 79 residents while 39 new homes were permitted: about 2 new residents per new home. Building and growth moved roughly in step. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 2 | 2 | 0 | $419,000 |
| 2020 | 2 | 2 | 0 | $419,000 |
| 2019 | 3 | 3 | 0 | $628,000 |
| 2018 | 5 | 3 | 2 | $1 million |
| 2017 | 3 | 1 | 2 | $592,000 |
| 2016 | 1 | 1 | 0 | $213,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 24 | 0 | 24 | $2.1 million |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 2 | 0 | $44,000 |
| 2010 | 1 | 1 | 0 | $270,000 |
| 2009 | 2 | 2 | 0 | $415,000 |
| 2008 | 0 | 0 | 0 | — |
Taylors Falls's permit office didn't report to the Census in 2023, so the 2023 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Taylors Falls and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Taylors Falls | $357K | +3% | $1,520 | — | $67,885 |
| Shafer | $357K | +2.6% | $1,520 | — | $114,511 |
| St. Croix Falls | — | −4%† | $1,080 | 12 | $65,300 |
| St. Croix Falls | $338K | +2.9% | $1,070 | 6 | $81,818 |
† FHFA price index change, where Zillow has no home value for the town.
5.3 years of income
The typical Taylors Falls home costs about 5.3 years of the town's median household income, more than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,520
HUD's Fair Market Rent for a two-bedroom in Taylors Falls is $1,520 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Taylors Falls pay a median of $1,074, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.
Studio $1,100 · 4 bedrooms $2,270
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55084; Minneapolis-St. Paul-Bloomington, MN-WI 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, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.