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
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 Market | 237 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 14.3% |
| Homes Sold | 3 |
| Active Inventory | 7 |
| Price Per Sq Ft | $135 |
Ownership & Stock
| Owner-Occupied | 74.2% |
| Renter-Occupied | 25.8% |
| Homeownership Rate | 74.2% |
| Total Housing Units | 1,405 |
| Median Year Built | 1966 |
| Rent Burden | 27.7% |
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