Housing in Paynesville, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$283,900
Median List Price
$310,000
Price Per Sq Ft
$265
Days on Market
227
Active Inventory
9
Months of Supply
3.0
Seller's market
Zillow Home Value
$214,479
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
100.2%
Seller's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
3
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$265
Median List $/SF
$219
Paynesville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Paynesville is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$168,800
Median Rent
$791
Total Housing Units
1,236
Vacancy Rate
10.2%
Owner Occupied
69.2%
Renter Occupied
30.8%
Median Property Tax
$1,495
per year
Monthly Cost (w/ Mortgage)
$980
Housing Types
The current median sale price in Paynesville, MN is $283,900 according to Redfin data. Homes spend a median of 227 days on the market. 33.3% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $265. The median rent is $791 per month (Census ACS). About 69.2% of housing units are owner-occupied. The median year homes were built is 1970. There are 1,236 total housing units.