Housing in Truman, MN

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

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$120,000

Median List Price

$212,500

Price Per Sq Ft

$86

Days on Market

22

Active Inventory

7

Months of Supply

7.0

Buyer's market

Zillow Home Value

$200,983

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 58.0%List Price 37.1%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

96.0%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Homes Sold 0.0%New Listings 100.0%Pending 0.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$86

Median List $/SF

$90

Sale $/SF 34.4%List $/SF 7.1%Mar 24Dec 25

Truman vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Truman 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

$100,200

Median Rent

$942

Total Housing Units

615

Vacancy Rate

9.6%

Owner Occupied

58.8%

Renter Occupied

41.2%

Median Property Tax

$1,210

per year

Monthly Cost (w/ Mortgage)

$885

Housing Types

Single Family
77.7%
Multi-Family
13.5%
Mobile Home
8.8%

The current median sale price in Truman, MN is $120,000 according to Redfin data. Homes spend a median of 22 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $86. The median rent is $942 per month (Census ACS). About 58.8% of housing units are owner-occupied. The median year homes were built is 1954. There are 615 total housing units.