Viola, MN housing market
Home prices around Viola have risen about 54% over the past 5 years. No new homes were permitted in 2025.
Home values, sales, trends and how Viola compares with the towns next door — updated as new data is published.
Home prices up 54% in 5 years
The federal house price index for the ZIP codes around Viola rose 54% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 16%.
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| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +15% | +160% | +127% |
| 2024 | +2.4% | +125% | +120% |
| 2023 | +4.1% | +120% | +113% |
| 2022 | +16% | +111% | +104% |
| 2021 | +7.7% | +81% | +82% |
| 2020 | +3.2% | +68% | +66% |
| 2019 | +3% | +63% | +61% |
| 2018 | +7.2% | +58% | +55% |
| 2017 | +4.1% | +48% | +46% |
| 2016 | +8.4% | +42% | +38% |
| 2015 | +3.9% | +31% | +32% |
| 2014 | +4.1% | +26% | +28% |
| 2013 | +4.5% | +21% | +21% |
| 2012 | −3.4% | +16% | +16% |
| 2011 | −3.3% | +20% | +18% |
| 2010 | −2.9% | +24% | +25% |
| 2009 | −1.9% | +28% | +33% |
| 2008 | −0.3% | +30% | +42% |
| 2007 | −0.3% | +31% | +48% |
| 2006 | +0.5% | +31% | +49% |
| 2005 | +7.9% | +30% | +45% |
| 2004 | +5.5% | +21% | +34% |
| 2003 | +2.9% | +15% | +23% |
| 2002 | +5.8% | +11% | +18% |
| 2001 | +5.2% | +5.2% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55934, 55932, covering 78% of Viola’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 2025
No permits for new homes were issued in Viola in 2025. The last year with any was 2024 (1 new home).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $261,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $191,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $299,000 |
| 2017 | 2 | 2 | 0 | $490,000 |
| 2016 | 1 | 1 | 0 | $196,000 |
| 2015 | 1 | 1 | 0 | $306,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Viola and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Viola | — | +15.5%† | $1,210 | 0 | $111,667 |
| Elgin | $379K | +5.8% | $1,210 | — | $113,304 |
| Quincy | — | +1.7%† | $1,210 | — | $106,250 |
| Eyota | $373K | +4.7% | $1,210 | — | $91,989 |
| Haverhill | — | +4.5%† | $1,240 | 2 | $161,250 |
† 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 $1,210
HUD's Fair Market Rent for a two-bedroom in Viola is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Viola pay a median of $950, so moving in tends to cost more than staying put.
Studio $900 · 4 bedrooms $2,030
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55932, 55934; Rochester, 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. 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.