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MN area data

Pipestone, MN

Pipestone, MN.

Population: 5,516 (Census ACS)

Home values & appreciation

Median home value
$191,465
1-year appreciation
+7.6%
3-year appreciation
+15.6%
5-year appreciation
+28.3%
10-year appreciation
+67.0%
All-time peak (2026-04)
$192,174
House Price Index
429.3 (+3.3% YoY)

Market activity

New listings (monthly)
7

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
7
Elementary schools
1
Middle schools
2
High schools
3

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, winterWeather

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
55.0°F
Average low
34.0°F
Annual precipitation
29.4 in

Amenities

National parks within ~60 mi
1
Nearest national park
Pipestone National Monument (3 mi)
Nearest airport
Pipestone Municipal Airport (2 mi)
Nearest major airport
Sioux Falls Regional Airport (FSD) (37 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
6
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-38 tax filers

Housing stock

Median year housing built
1,956
Median annual property tax
$1,301
Mean commute to work
13 min
Households with broadband internet
66.4%

Employment & development

Total county employment
3,371
Average weekly wage
$941
Top industries (by employment)
Construction, Accommodation & Food, Professional Services
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 →

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