MN area data
Luverne, MN
Luverne, MN.
Population: 6,371 (Census ACS)
Home values & appreciation
- Median home value
- $265,603
- 1-year appreciation
- +4.4%
- 3-year appreciation
- +14.0%
- 5-year appreciation
- +30.9%
- 10-year appreciation
- +88.3%
- All-time peak (2026-04)
- $267,759
- House Price Index
- 429.3 (+3.3% YoY)
Market activity
- New listings (monthly)
- 11
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%
Schools
- Total schools
- 4
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- hail, winterWeather
Climate (30-year normals)
- Average annual temperature
- 46.0°F
- Average high
- 57.0°F
- Average low
- 35.0°F
- Annual precipitation
- 30.1 in
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Pipestone National Monument (23 mi)
- Nearest airport
- Quentin Aanenson Airfield - Luverne Municipal Airport (6 mi)
- Nearest major airport
- Sioux Falls Regional Airport (FSD) (30 mi)
- Hospitals nearby (~15 mi)
- 1
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -25 tax filers
Housing stock
- Median year housing built
- 1,963
- Median annual property tax
- $1,751
- Mean commute to work
- 15 min
- Households with broadband internet
- 80.0%
Employment & development
- Total county employment
- 2,833
- Average weekly wage
- $1,014
- Top industries (by employment)
- Health Care, Finance & Insurance, Wholesale Trade
- Annual residential building permits (county)
- 6
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →