Housing & Real Estate — Hancock, Minnesota

Overview

Total Housing Units365
Occupied315
Vacant50
Owner-Occupied276
Renter-Occupied39
Median Home Value (Census)$98,800
Estimated 2026~$116,000
Median Rent$738/mo
Median Property Tax$971/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.6%
Severely Rent-Burdened22.9%

Housing Age

Built 2010 or later10
Built 2000-20099
Built 1990-199927
Built before 1960174
Median Year Built1957
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.