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Advertise here →Luverne, MN · Market Data
Luverne, Minnesota real estate market data.
Real estate market data for Luverne, MN (Rock County) — Census median home value $181,100, county listing prices up about 6.9% over the past year.
Luverne, MN is in Rock County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,907, with a median household income of $66,145. Census data puts Luverne's median home value at $181,100.
At a glance
Luverne market snapshot
Population
4,907
Median Household Income
$66,145
Median Home Value (city)
$181,100
Median Gross Rent
$718/mo
Price Trend (YoY)
+6.9%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Luverne different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Luverne's median home value — across all owner-occupied homes, not just recent sales — at $181,100.
County Price Trend
Rock County's FHFA house price index shows a 6.89% annual change in 2025.
Population & Income
Luverne has an estimated population of 4,907 and a median household income of $66,145, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Luverne's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 13% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Luverne FAQ
What are home values like in Luverne, MN?
The Census Bureau's American Community Survey puts Luverne's median home value at $181,100.
What is the population of Luverne, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Luverne's population at approximately 4,907.
What's the median rent in Luverne, MN?
The Census ACS estimates median gross rent in Luverne at approximately $718 per month.
What is the median household income in Luverne, MN?
Census ACS data puts the median household income in Luverne at approximately $66,145.
Is the Luverne housing market growing?
Rock County's FHFA house price index shows a 6.89% annual change in 2025.
Is Luverne, MN affordable relative to income?
Census ACS data puts Luverne's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 13% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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