Real Estate Investing in Harmony, Minnesota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,986 • Fillmore County

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Should you buy in Harmony, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 18.0% of homes vacant — above national norms.

What’s happening in Harmony, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.1% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $262,961
Avg Monthly Rent $954
ZIP Codes 1

Investing in Harmony Real Estate

Across Harmony's 1 ZIPs, the picture is lackluster: $263K median values, $954/mo rents, and a population that has faced real economic pressure.

plainly Harmony's aggregate rating of ★★★☆☆ reflects soft investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Harmony are sluggish. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Population dynamics in Harmony haven't been supportive. a stretch for combined with soft income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Rochester, MN

Harmony is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Harmony, MN. Anonymous, moderated, never written by AI.

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Avg Home Value
$262,961
Avg Monthly Rent
$954
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Rochester, MN metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
37%
Days Pending
1/2
53 days

View all metro crash risk rankings →

⚖️ Balanced Market — Rochester, MN metro
53
Days to pending
9.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Harmony, MN

Screen every ZIP in Harmony

Filter Harmony’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Harmony, MN

How quickly do rentals get leased in Harmony, MN?

Vacancy in Harmony, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $954/mo.

Where do rents currently stand in Harmony, MN?

Rent in Harmony, MN is around $954/mo. The resulting rent-to-value relationship with $263K pricing is reasonable for most investor models.

Which real estate strategy fits Harmony, MN?

For Harmony, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

How deep is the rental pool in Harmony, MN?

Working renters make up the core of the Harmony, MN tenant base. The pool is reasonable for investors targeting long-term holds.

What is the investability score for Harmony, MN?

The 3.0/5 investability rating in Harmony, MN reflects its $263K prices and $954/mo rents. Investors generally consider it a solid option within MN.

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