States › Minnesota › 2023
In 2023 the FHFA house price index for Minnesota changed +4.3%, against +5.7% for the United States and +12.1% in 2022.
25,667 housing units were authorised by building permits in the state that year (12,770 single-family), −17.5% on 2022; the national total was 1,511,102.
+4.3% Minnesota index, 2022–2023 US +5.7%
25,667 housing units permitted in 2023 12,770 single-family
77 of 84 counties with a rising index median county +5.5%
1,511,102 units permitted nationally in 2023
Counties in 2023 Ranked by the county index change from 2022 to 2023 (FHFA annual county index). Permits are units authorised in 2023; per 1,000 uses the vintage 2025 population.
County Index change 2023 Units permitted Single-family Per 1,000 Murray County +15.6% 22 22 2.8 Lincoln County +14.6% 16 16 2.9 Big Stone County +13.3% 7 7 1.4 Chippewa County +13.1% 12 12 1.0 Carlton County +13.0% 90 78 2.5 Nobles County +12.8% 19 13 0.9 Pipestone County +11.9% 9 9 1.0 Meeker County +11.8% 65 65 2.8 Cass County +11.7% 277 269 8.8 Watonwan County +11.5% 18 4 1.6 Kanabec County +11.0% 47 45 2.8 Houston County +10.8% 37 31 2.0 Yellow Medicine County +10.1% 9 9 0.9 Fillmore County +10.0% 74 58 3.4 Grant County +9.9% 1 1 0.2 Waseca County +9.8% 33 33 1.8 Winona County +9.7% 107 36 2.1 Cook County +9.6% 56 56 10.1 Rock County +9.6% 63 14 6.6 Aitkin County +9.4% 145 145 8.9 St. Louis County +9.1% 570 280 2.8 Norman County +8.8% 8 8 1.3 Hubbard County +8.7% 90 32 4.0 Otter Tail County +8.7% 164 86 2.7 Marshall County +8.5% 4 4 0.5 Itasca County +8.1% 142 128 3.1 Nicollet County +7.9% 89 31 2.6 McLeod County +7.8% 78 58 2.1 Douglas County +7.7% 179 179 4.5 Crow Wing County +7.4% 809 750 11.7 Steele County +7.4% 148 28 4.0 Stearns County +7.3% 618 364 3.8 Le Sueur County +7.2% 77 68 2.6 Kandiyohi County +7.0% 217 71 4.9 Blue Earth County +6.8% 472 125 6.7 Benton County +6.3% 63 63 1.5 Rice County +6.2% 116 104 1.7 Wabasha County +5.9% 54 54 2.5 Brown County +5.7% 22 22 0.9 Morrison County +5.7% 187 133 5.4 Roseau County +5.7% 34 20 2.2 Clay County +5.5% 402 178 5.9 Isanti County +5.5% 388 139 8.7 Lyon County +5.5% 32 16 1.2 Pope County +5.5% 42 30 3.7 Mower County +5.4% 35 31 0.9 Martin County +5.3% 9 9 0.5 Todd County +5.2% 109 104 4.2 Lac qui Parle County +4.8% 10 10 1.5 Mille Lacs County +4.8% 64 60 2.3 Chisago County +4.6% 189 189 3.2 Goodhue County +4.5% 50 48 1.0 Wright County +4.5% 1,234 841 7.8 Beltrami County +4.4% 210 73 4.5 Lake County +4.4% 72 72 6.7 Pine County +4.4% 190 95 6.2 Olmsted County +4.3% 1,002 448 6.0 Sherburne County +4.2% 434 248 4.2 Redwood County +4.1% 22 22 1.4 Jackson County +3.7% 5 5 0.5 Anoka County +3.5% 1,059 784 2.8 Becker County +3.5% 146 144 4.1 Ramsey County +3.5% 1,806 199 3.3 Carver County +3.4% 1,083 678 9.5 Dodge County +3.4% 44 44 2.1 Scott County +3.4% 887 370 5.6 Washington County +3.4% 2,263 1,193 7.9 Dakota County +3.0% 2,718 1,167 5.9 Polk County +2.8% 55 55 1.8 Renville County +2.6% 11 11 0.8 Hennepin County +2.5% 5,646 1,782 4.4 Lake of the Woods County +2.5% 19 19 5.0 Sibley County +2.3% 29 29 1.9 Faribault County +2.2% 5 5 0.4 Wilkin County +1.9% 18 16 2.9 Freeborn County +1.6% 12 12 0.4 Wadena County +0.3% 46 42 3.2 Stevens County −1.1% 3 3 0.3 Clearwater County −2.2% 1 1 0.1 Pennington County −2.3% 8 8 0.6 Cottonwood County −2.5% 10 10 0.9 Koochiching County −5.3% 29 29 2.5 Swift County −5.3% 11 9 1.1 Kittson County −9.0% 4 4 1.0 Mahnomen County — 0 0 0.0 Red Lake County — 2 2 0.5 Traverse County — 5 5 1.6
Permits by year, 1995–2025 Housing units authorised in Minnesota by year 0 20,000 40,000 60,000 1995: 25,494 units (20,675 single-family, 4,819 in multi-unit buildings) 1995 1996: 27,043 units (22,085 single-family, 4,958 in multi-unit buildings) 1997: 24,900 units (20,060 single-family, 4,840 in multi-unit buildings) 1998: 30,443 units (25,011 single-family, 5,432 in multi-unit buildings) 1999: 33,341 units (26,664 single-family, 6,677 in multi-unit buildings) 2000: 32,814 units (25,549 single-family, 7,265 in multi-unit buildings) 2000 2001: 34,151 units (26,927 single-family, 7,224 in multi-unit buildings) 2002: 38,977 units (28,631 single-family, 10,346 in multi-unit buildings) 2003: 42,046 units (32,731 single-family, 9,315 in multi-unit buildings) 2004: 41,843 units (32,580 single-family, 9,263 in multi-unit buildings) 2005: 36,509 units (29,566 single-family, 6,943 in multi-unit buildings) 2005 2006: 26,352 units (20,901 single-family, 5,451 in multi-unit buildings) 2007: 17,930 units (14,508 single-family, 3,422 in multi-unit buildings) 2008: 11,551 units (8,908 single-family, 2,643 in multi-unit buildings) 2009: 9,425 units (7,314 single-family, 2,111 in multi-unit buildings) 2010: 9,840 units (7,053 single-family, 2,787 in multi-unit buildings) 2010 2011: 8,890 units (6,733 single-family, 2,157 in multi-unit buildings) 2012: 16,095 units (9,197 single-family, 6,898 in multi-unit buildings) 2013: 17,313 units (11,114 single-family, 6,199 in multi-unit buildings) 2014: 16,990 units (10,689 single-family, 6,301 in multi-unit buildings) 2015: 19,545 units (10,900 single-family, 8,645 in multi-unit buildings) 2015 2016: 21,449 units (12,071 single-family, 9,378 in multi-unit buildings) 2017: 21,953 units (13,508 single-family, 8,445 in multi-unit buildings) 2018: 25,673 units (13,574 single-family, 12,099 in multi-unit buildings) 2019: 28,586 units (13,709 single-family, 14,877 in multi-unit buildings) 2020: 28,148 units (14,707 single-family, 13,441 in multi-unit buildings) 2020 2021: 33,652 units (16,704 single-family, 16,948 in multi-unit buildings) 2022: 31,126 units (13,483 single-family, 17,643 in multi-unit buildings) 2023: 25,667 units (12,770 single-family, 12,897 in multi-unit buildings) 2024: 20,913 units (13,420 single-family, 7,493 in multi-unit buildings) 2025: 20,947 units (12,886 single-family, 8,061 in multi-unit buildings) 2025 Housing units authorised in Minnesota by year
Source: Federal Housing Finance Agency annual state and county house price indexes (updated March 31, 2026); Census Bureau Building Permits Survey annual state and county files. Public domain. Methodology .