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Austin, MN

Full City Profile · Minnesota · Mower County County

3.2 /5.0
B Good
26,167 Population 1,943/sq mi density
$66,488 Median Income $31,165 per capita
$155,100 Home Value $184,368 Zillow
$860 Median Rent 27.6% income on rent
45°F Avg Temperature 260 sunny days/yr
214 Violent Crime/100K 1,931 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,488 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$155,100 home value, $860/mo rent
F
Safety
1.0 / 5.0
214 violent crimes/100K
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher

Housing Overview

Median Home Value
$155,100
45% below
US avg: $281,900
Median Rent
$860/mo
26% below
US avg: $1,163/mo
Homeownership Rate
69.6%
6% above US avg (65.4%)
Total Housing Units
10,947
Median year built: 1956

Home Value by Source

Census Median
$155,100
Zillow (ZHVI)
$184,368
Median Sale Price
$207,000
Median List Price
$264,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.6%
Owner-Occupied
30.4%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $860/mo · Zillow rent: $821/mo

Market Indicators (Redfin)

Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
32.8%
of listings with price reduction
Price Per Sq Ft
$123
Active Inventory
58
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
69.6%

Complete Housing Data

Home Values

Census Median Value$155,100
Zillow Home Value (ZHVI)$184,368
Median Sale Price$207,000
Median List Price$264,900
Price Per Sq Ft$123

Rent

Census Median Rent$860
Zillow Rent (ZORI)$821
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market60
Sale-to-List Ratio1.0%
Price Drops32.8%
Homes Sold16
Active Inventory58
Price Per Sq Ft$123

Ownership & Stock

Owner-Occupied69.6%
Renter-Occupied30.4%
Homeownership Rate69.6%
Total Housing Units10,947
Median Year Built1956
Rent Burden27.6%