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MN area data

Montevideo, MN

Montevideo, MN.

Population: 7,225 (Census ACS)

The median home value in Montevideo, MN is $219,508 — up 7.8% over the past year. 8 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, strongwind, winterweather the top-rated hazards. Cost of living is 10.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$219,508

Median home value

+7.8%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$219,508
1-year appreciation
+7.8%
3-year appreciation
+16.5%
5-year appreciation
+34.1%
10-year appreciation
+89.9%
All-time peak (2026-06)
$219,763
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
68
New listings (monthly)
10

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
8
Elementary schools
2
Middle schools
1
High schools
3
School districts serving the area
MN River Valley Education District, Region 6 and 8-SW/WC Service Coop, MONTEVIDEO PUBLIC SCHOOL DISTRICT
Schools include
MN River Valley ALC-Seatbased, MN RIVER VALLEY ALC-SUMMER, MN River Valley Ed-Online Learning, SWWC ELC - Montevideo, MONTEVIDEO MIDDLE

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, strongWind, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
Wildfire risk to homes (county)
Higher than 31% of US counties
Buildings in wildfire direct-exposure zone
36.6%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
57.0°F
Average low
33.0°F
Annual precipitation
30.4 in
Annual snowfall
54.5 in
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
16
Nearest airport
Montevideo Chippewa County Airport (MVE) (6 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (41 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
CHIPPEWA COUNTY HOSPITAL
EV charging stations (within 10 mi)
6
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-38 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,958
Housing built before 1970
58.5%
Housing built 2000 or later
7.0%
Median annual property tax
$1,735
Mean commute to work
14 min
Households with broadband internet
66.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,032
Average weekly wage
$979
Top industries (by employment)
Construction, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
2

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MontevideoState medianUS median
Median home value$219,508$304,931$289,727
Median annual property tax$1,735$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Montevideo, MN?
$219,508.
What is the natural-hazard risk in Montevideo, MN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, strongWind, winterWeather.
What is the wildfire risk in Montevideo, MN?
Risk to homes is higher than 31% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Montevideo, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Montevideo, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Montevideo, MN?
8 schools (2 elementary, 1 middle, 3 high) (NCES, 2022-23).
What is the cost of living in Montevideo, MN?
Regional Price Parity: 90.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Montevideo

Selling a home in Montevideo, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents