The story of this market
The typical home in Kanabec County, Minnesota sells for about $277,455, or $165 per square foot.
Prices are up +6.5% from a year ago, so sellers still have some momentum. Homes take about 20 days to sell, which is fast. Over the long run, values in this county have grown 123% since 2000. The biggest natural hazard here is cold wave, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
-0.1%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+11.9%). Worst: 2011 (-7.8%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,404
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
-0.1%
2025 change
FHFA repeat-sales index, median of 4 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
73
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $8,523,325.
Mortgage activity
Home lending in this county
75.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 778 | 424 | 75.7% | 2.7% | $185,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Kanabec County, Minnesota
The Kanabec County housing market is experiencing steady price appreciation driven by low inventory and consistent demand for rural residential properties. While sales volume remains moderate, the market is supported by a stable local economy and its proximity to regional employment hubs.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 4 cities · 3 ZIP reports
Median prices moved up 3.0% year over year.
Homes spend a median of 53 days on market with 3.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 10.0% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 2 researched ZIP reports of 3 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Kanabec County, Minnesota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 23
researched Sep 23
researched Sep 23
| 55051 | Mora | $285,000 | $165 | +3.2% | 58 | 98.5% | 12% | 3.8 | 42 | $918 | researched Sep 23 |
| 55058 | Ogilvie | $345,000 | $168 | +2.4% | 42 | 98.5% | 12% | 3.2 | 18 | $1,650 | researched Sep 23 |
| 55063 | Pine City | $304,000 | $221 | +2.1% | 84 | 97.5% | 12% | 6.2 | 112 | $746 | researched Sep 23 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Kanabec County generally reports lower crime rates compared to more urbanized regions in Minnesota, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered relatively safe for residents.
Schools in Kanabec County are primarily served by the Mora and Ogilvie school districts, which are characterized by small class sizes and a focus on community-integrated education. Performance ratings are generally consistent with rural Minnesota averages.
The county faces typical Midwestern climate risks, including severe thunderstorms, high winds, and occasional winter storm impacts. Flood risks are localized primarily to areas near the Snake River and its tributaries.
Economic momentum is driven by local manufacturing, agriculture, and healthcare services, with limited large-scale commercial development. Infrastructure improvements are focused on maintaining regional highway connectivity to the Twin Cities metro area.
Property taxes in Kanabec County are determined by local mill rates set by the county, townships, and school districts, applied to the assessed value of real property. The county utilizes a standard assessment regime with homestead exemptions available for primary residences.
The economy is anchored by small-scale manufacturing, agricultural production, and public sector employment, with a significant portion of the workforce commuting to neighboring counties.
Transportation is heavily reliant on personal vehicles, with MN-65 and MN-23 serving as the primary corridors for regional travel and commuting.
The Kanabec County Assessor's office conducts annual property valuations based on market sales data and physical inspections to ensure equitable tax distribution.
The county is served by regional hospital districts and local school districts that manage specialized services and educational programming.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind, hail, and fire risks.
- Ogilvie Raceway4.88.8 mi
- Isanti County Fairgrounds4.325.2 mi
- Leader4.425.1 mi
- Eddy's Resort4.125.6 mi
- Grand Casino Hinckley Amphitheater4.519.3 mi
- Grand Casino Hinckley3.819.5 mi
- Father Hennepin State Park4.716.9 mi
- Grand Cinema4.418 mi
- Ann River Winery4.96.1 mi
- Lakeview shores MN3.812.7 mi
- Goose Creek Rest Area4.727.1 mi
- Mille Lacs Indian Museum4.828 mi
- St. Croix Fire Tower4.927 mi
- Snake River Fur Post4.515.6 mi
- Hinckley Fire Museum4.717.5 mi
- Father Hennepin State Park4.716.9 mi
- Rum River State Forest4.415 mi
- West Side Park and City Beach4.216.7 mi
- Isle Lakeview Park4.416.8 mi
- Westside Park417.4 mi
- Mac's Twin Bay Resort4.619.1 mi
- Pokegama Lake R.V. Park & Golf Course4.212.3 mi
- Spring Brook Golf Course4.54.3 mi
- Pine City Country Club4.417.2 mi
- Dollar General3.915.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides extensive opportunities for fishing, kayaking, and canoeing, serving as a central natural feature for outdoor recreation.
A popular destination for boating and seasonal recreation, contributing to the county's appeal for lakefront living.
The historic commercial hub of the county seat, offering local retail, dining, and community gathering spaces.
Data retrieved from Census Bureau and Data USA profiles.
applies when — Parcels designated as condominium units
Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units.
Minnesota Statutes 515A.1-105
applies when — Property containing a homestead subject to foreclosure
The mortgagor has the right to designate a portion of the property as a homestead to be sold and redeemed separately, provided it conforms to local zoning and is compact.
Minnesota Statutes 582.041
Allows non-judicial foreclosure. Requires notice of sale to be mailed to the mortgagor at least 14 days before the sale date and published in a newspaper. Mortgagors have specific redemption rights following the sale.
Minnesota Statutes Chapter 580
Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.25% for value exceeding $500,000.
2021 Classification Rate Table, Minnesota Department of Revenue
≈ $2,775/yr on a $277,455 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.