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Caledonia, MN

Full City Profile · Minnesota · Houston County County

3.6 /5.0
B+ Good
2,825 Population 1,002/sq mi density
$69,792 Median Income $46,940 per capita
$148,500 Home Value $278,608 Zillow
$804 Median Rent 27.7% income on rent
46°F Avg Temperature 260 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$69,792 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$148,500 home value, $804/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.7% bachelor's degree or higher

Housing Overview

Median Home Value
$148,500
47% below
US avg: $281,900
Median Rent
$804/mo
31% below
US avg: $1,163/mo
Homeownership Rate
74.2%
13% above US avg (65.4%)
Total Housing Units
1,405
Median year built: 1966

Home Value by Source

Census Median
$148,500
Zillow (ZHVI)
$278,608
Median Sale Price
$238,000
Median List Price
$125,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.2%
Owner-Occupied
25.8%
Renter-Occupied
74%
26%
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: $804/mo

Market Indicators (Redfin)

Median Days on Market
237 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
74.2%

Complete Housing Data

Home Values

Census Median Value$148,500
Zillow Home Value (ZHVI)$278,608
Median Sale Price$238,000
Median List Price$125,000
Price Per Sq Ft$135

Rent

Census Median Rent$804
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 Market237
Sale-to-List Ratio0.9%
Price Drops14.3%
Homes Sold3
Active Inventory7
Price Per Sq Ft$135

Ownership & Stock

Owner-Occupied74.2%
Renter-Occupied25.8%
Homeownership Rate74.2%
Total Housing Units1,405
Median Year Built1966
Rent Burden27.7%