Chatfield, MN
Full City Profile · Minnesota · Fillmore County County
4.4
/5.0
A
Great
2,693
Population
1,040/sq mi density
$91,912
Median Income
$41,345 per capita
$216,000
Home Value
$351,503 Zillow
$645
Median Rent
25.8% income on rent
44°F
Avg Temperature
260 sunny days/yr
A
Overall
4.4 / 5.0
Strong
A+
Economy
4.7 / 5.0
$91,912 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$216,000 home value, $645/mo rent
B+
Education
3.5 / 5.0
31.6% bachelor's degree or higher
Housing Overview
Median Home Value
$216,000
23% below
US avg: $281,900
Median Rent
$645/mo
45% below
US avg: $1,163/mo
Homeownership Rate
88.3%
35% above US avg (65.4%)
Total Housing Units
1,124
Median year built: 1971
Home Value by Source
Census Median
$216,000
Zillow (ZHVI)
$351,503
Median Sale Price
$227,750
Median List Price
$297,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.3%
Owner-Occupied
11.7%
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:
$645/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
88.3%
Complete Housing Data
Home Values
| Census Median Value | $216,000 |
| Zillow Home Value (ZHVI) | $351,503 |
| Median Sale Price | $227,750 |
| Median List Price | $297,900 |
| Price Per Sq Ft | $148 |
Rent
| Census Median Rent | $645 |
| 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 | 52 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.1% |
| Homes Sold | 2 |
| Active Inventory | 9 |
| Price Per Sq Ft | $148 |
Ownership & Stock
| Owner-Occupied | 88.3% |
| Renter-Occupied | 11.7% |
| Homeownership Rate | 88.3% |
| Total Housing Units | 1,124 |
| Median Year Built | 1971 |
| Rent Burden | 25.8% |
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