A typical Wheeling home is worth roughly $383,000
What kind of housing town is Wheeling?
Read from the numbers below. The page puts what stands out first.
95% of Wheeling households own their home
Half of Wheeling’s homes were built before 1948.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 3.8 years of income
About the same as across Minnesota. Try your own numbers below.
That covers a typical Wheeling home, with $23K to spare.
A two-bedroom rents for about $1,470 a month here, $750 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Wheeling’s typical property tax (0.66% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,470
Renters already here pay a median of $967, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Goodhue County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Wheeling vs. its neighbors
Wheeling is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Wheeling | $383K* | — | $1,470 | $100,833 |
| Northfield | $393K | +2.1% | $1,550 | $104,286 |
| Richland | — | +2.8%† | $1,210 | $95,625 |
| Cannon City | $378K* | +3.9%† | $1,220 | $101,667 |
| Holden | — | +4.8%† | $1,380 | $108,750 |
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 Wheeling buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. 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.