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Empire, MN Home Values and Rents

The median home value in Empire is $469,500, 35th highest of 363 cities and towns in Minnesota. Median rent is $2,052 a month.

Median home value
$469,500
35th of 363 in MN
Median rent
$2,052/mo
ACS 2020-2024
Price change, 1 year
+1.5%
County index, 2025
Homeownership
94.3%
MN: 72.2%

Home sale prices in the Minneapolis-St. Paul-Bloomington, MN-WI area

Zillow median sale price, Sep 2026

$377,406+0.7% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Dakota County home price trend

FHFA annual House Price Index for Dakota County, 2000 = 100, compared with Minnesota

Dakota CountyMinnesota
Show as a table
PeriodDakota County
2025213
2024210
2023205
2022199
2021177
2020161
2019157
2018150
2017143
2016135
2015130
2014126
2013117
2012111
2011112
Beta

Over five years, Dakota County prices changed +32.3%, compared with +24.7% for Minnesota.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
155068$395,900$1,627+0.6%+31.2%
255024$378,700$1,483+2.1%+33.0%

Fair Market Rents, FY2027

HUD rent standard for Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area

MN rents
Unit sizeMonthly rentvs FY2026
Studio$1,265+1.9%
1 bedroom$1,427+1.6%
2 bedrooms$1,734+1.5%
3 bedrooms$2,264+0.1%
4 bedrooms$2,538+0.3%

Frequently asked questions

What is the median home value in Empire, MN?
The median home value in Empire is $469,500, based on the American Community Survey 2020-2024 5-year estimates. The Minnesota median is $329,300.
How much is rent in Empire?
The median rent in Empire is $2,052 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,734.
Are home prices going up in Empire?
Home prices in Dakota County changed +1.5% over one year and +32.3% over five years, as of 2025.
How does Empire compare with the rest of Minnesota?
Empire has the 35th highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.
Which ZIP code in Empire has the highest home values?
ZIP code 55068 has the highest median home value at $395,900, and 55024 has the lowest at $378,700.