What are current home values in Heron Lake, MN?

The median home value in Heron Lake, MN is $114,537 as of August 2026. This represents a 1.2% decrease compared to last month and a 0.8% decrease year-over-year.

How have home values changed in Heron Lake, MN?

Home values in Heron Lake, MN have decreased by 1.2% month-over-month and 0.8% year-over-year.

How do home values in Heron Lake, MN compare to Jackson County, Minnesota, and the national average?

The median home value in Heron Lake, MN ($114,537) compares to: Jackson County ($228,025), Minnesota ($350,752), and the U.S. national median ($368,697).

Heron Lake, MN Housing Market

$114,537

0.8% 1-yr

The average Heron Lake, MN home value is $114,537, down 0.8% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Heron Lake Key Takeaways

Typical Home Values: $114,537

1-Year Value Change: -0.8%

(Data through August 31, 2026)

Heron Lake Housing Market Overview

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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Heron Lake

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Heron Lake Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

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How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.