Vasa, MN housing market
Home prices around Vasa have risen about 34% over the past 5 years.
Home values, sales, trends and how Vasa compares with the towns next door — updated as new data is published.
Home prices up 34% in 5 years
The federal house price index for the ZIP codes around Vasa rose 34% over the past 5 years, slower than across Minnesota (37%). Last year prices rose 2.5%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +2.5% | +107% | +127% |
| 2024 | −7% | +102% | +120% |
| 2023 | +11% | +117% | +113% |
| 2022 | +15% | +95% | +104% |
| 2021 | +9.5% | +70% | +82% |
| 2020 | 0% | +55% | +66% |
| 2019 | +6.3% | +55% | +61% |
| 2018 | +4.4% | +46% | +55% |
| 2017 | +4.3% | +40% | +46% |
| 2016 | +5.9% | +34% | +38% |
| 2015 | +5.2% | +26% | +32% |
| 2014 | +1.6% | +20% | +28% |
| 2013 | +2.8% | +18% | +21% |
| 2012 | −3.9% | +15% | +16% |
| 2011 | −3.9% | +20% | +18% |
| 2010 | −5.5% | +25% | +25% |
| 2009 | −8.9% | +32% | +33% |
| 2008 | −1.7% | +45% | +42% |
| 2007 | −3% | +47% | +48% |
| 2006 | +6.6% | +52% | +49% |
| 2005 | +5.7% | +42% | +45% |
| 2004 | +13% | +35% | +34% |
| 2003 | +1.9% | +20% | +23% |
| 2002 | +7.8% | +17% | +18% |
| 2001 | +9% | +9% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55089, 55066, 55009, 55027, covering 55% of Vasa’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.
Vasa and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Vasa | — | +2.5%† | $1,390 | — | $106,250 |
| Welch | $489K | +2.4% | $1,520 | — | $125,000 |
| Cannon Falls | $287K | +1.6% | $1,520 | — | $97,950 |
| Featherstone | — | +3.7%† | $1,150 | — | $121,250 |
| Belle Creek | — | +7.5%† | $1,270 | — | $108,750 |
| Douglas | — | +0.1%† | $1,520 | 2 | $101,667 |
† 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 Vasa is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Vasa pay a median of $1,654.
Studio $990 · 4 bedrooms $2,250
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55009, 55027, 55066, 55089; 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. 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.