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Hammond, MN Home Values and Rents

The median home value in Hammond is $146,900. Median rent is $863 a month.

Median home value
$146,900
ACS 2020-2024
Median rent
$863/mo
ACS 2020-2024
Price change, 1 year
+5.2%
County index, 2025
Homeownership
71.6%
MN: 72.2%

Home sale prices in the Rochester, MN area

Zillow median sale price, Sep 2026

$307,210-2.3% 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.

Wabasha County home price trend

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

Wabasha CountyMinnesota
Show as a table
PeriodWabasha County
2025249
2024237
2023219
2022207
2021176
2020163
2019156
2018151
2017143
2016137
2015129
2014126
2013126
2012121
2011121
Beta

Over five years, Wabasha County prices changed +53.0%, compared with +24.7% for Minnesota.

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

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Fair Market Rents, FY2027

HUD rent standard for Wabasha County, MN HUD Metro FMR Area

MN rents
Unit sizeMonthly rentvs FY2026
Studio$894+2.5%
1 bedroom$931+2.0%
2 bedrooms$1,014+1.3%
3 bedrooms$1,328-0.4%
4 bedrooms$1,512-9.9%

Frequently asked questions

What is the median home value in Hammond, MN?
The median home value in Hammond is $146,900, based on the American Community Survey 2020-2024 5-year estimates. The Minnesota median is $329,300.
How much is rent in Hammond?
The median rent in Hammond is $863 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Hammond?
Home prices in Wabasha County changed +5.2% over one year and +53.0% over five years, as of 2025.