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Pipestone County Housing Market

Minnesota · 87 counties · Ranked #760 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$126,700

vs national$126,700 vs $281,900 national

Median Gross Rent

$731/mo

vs national$731 vs $1,163 national

Effective Tax Rate

0.91%

vs national0.91% vs 1.02% national

Median Household Income

$66,073

vs national$66,073 vs $74,755 national

Affordability Ratio

1.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,154

Tax as % of Home Value

0.91%

Monthly Owner Cost

$787

Renter Income

$35,776

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Frequently Asked Questions

What is the median home value in Pipestone County?

The median home value in Pipestone County is $126,700. This is below the national median of $281,900.

How much is rent in Pipestone County?

The median gross rent in Pipestone County is $731 per month.

What is the property tax rate in Pipestone County?

The effective property tax rate in Pipestone County is 0.91%. The median annual property tax bill is $1,154.

Is Pipestone County affordable?

With a home-value-to-income ratio of 1.9x, Pipestone County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.