Housing in Pipestone, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$143,033

Pipestone vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Pipestone is highlighted.

Median Home Value

21st%ilemost expensive$102,000show rank

Median Rent

19th%ilemost expensive rent$722show rank

Rent Burden

19th%ilehighest rent burden14.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$102,000

Median Rent

$722

Total Housing Units

2,001

Vacancy Rate

8.3%

Owner Occupied

73.5%

Renter Occupied

26.5%

Median Property Tax

$1,021

per year

Monthly Cost (w/ Mortgage)

$814

Housing Types

Single Family

82.4%

Multi-Family

15.7%

Mobile Home

1.9%

The median home value in Pipestone, MN is $102,000. According to Zillow, the home value index for Pipestone is $143,033. The median rent is $722 per month (Census ACS). About 73.5% of housing units are owner-occupied. The median year homes were built is 1958. There are 2,001 total housing units.