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Ivanhoe, MN Home Values and Rents

The median home value in Ivanhoe is $66,500. Median rent is $625 a month.

Median home value
$66,500
ACS 2020-2024
Median rent
$625/mo
ACS 2020-2024
Price change, 1 year
-6.3%
County index, 2025
Homeownership
71.6%
MN: 72.2%

Lincoln County home price trend

FHFA annual House Price Index for Lincoln County, 2001 = 100, compared with Minnesota

Lincoln CountyMinnesota
Show as a table
PeriodLincoln County
2025224
2024239
2023224
2022195
2021160
2020142
2019136
2018142
2017138
2016135
2015127
2014126
2013118
2012115
2011120

Over five years, Lincoln County prices changed +57.7%, compared with +24.7% for Minnesota.

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

Fair Market Rents, FY2027

HUD rent standard for Lincoln County, MN

MN rents
Unit sizeMonthly rentvs FY2026
Studio$706+5.2%
1 bedroom$775+4.4%
2 bedrooms$1,014+4.2%
3 bedrooms$1,291+0.6%
4 bedrooms$1,333+3.5%

Frequently asked questions

What is the median home value in Ivanhoe, MN?
The median home value in Ivanhoe is $66,500, based on the American Community Survey 2020-2024 5-year estimates. The Minnesota median is $329,300.
How much is rent in Ivanhoe?
The median rent in Ivanhoe is $625 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 Ivanhoe?
Home prices in Lincoln County changed -6.3% over one year and +57.7% over five years, as of 2025.