Bill Hill
Foley Real Estate
Foley offers a distinct pace of life in Benton County. Bill Hill provides direct guidance for those navigating the real estate market in this Minnesota community.
The housing stock in Foley consists primarily of established residences, with homes that are single-family detached at 67% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Buyers will find a mix of styles, as the median year homes were built is 1979 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill focuses on showing property for what it is rather than pushing a sale.
Inventory in the area ranges from traditional single-family houses to new construction and townhouses. For those looking to sell, the market has shown steady movement, with a home price change over 5 years in Benton County at +41.9% (Federal Housing Finance Agency House Price Index, 2020 to 2025). Bill Hill identifies potential issues early so clients can make informed decisions without pressure.
Navigating the transition from renting to owning requires a clear view of the numbers. In Foley, the median monthly rent is $1,041 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Whether exploring waterfront options or downsizing, Bill Hill provides the technical guidance needed to close the deal once the right property is found.
By the numbers
Foley, MN at a glance
| Population2020–2024 ACS 5-year estimates | 2,675 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 1,015 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $203,800 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,041 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,600 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 67% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 67% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1979 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 51% |
| Home price change, 1 year (Benton County)2024 to 2025 | +3.2% |
| Home price change, 5 years (Benton County)2020 to 2025 | +41.9% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Foley, MN?↓
The median home value for owner-occupied units is $203,800 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse range of single-family homes and townhouses found within the city limits. Bill Hill monitors these values to help clients understand the local landscape.
How have property values changed recently in the Foley area?↓
In Benton County, which includes Foley, the home price change over 1 year is +3.2% (Federal Housing Finance Agency House Price Index, 2024 to 2025). This indicates a stable upward trend in the local market. Bill Hill uses these data points to provide context for both buyers and sellers.
What are the typical property taxes for a home in Foley?↓
Residents in Foley pay a median annual property tax of $2,600 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Understanding these ongoing costs is a vital part of the home-buying process. Bill Hill ensures these details are clear before any paperwork is signed.
What is the commute like for residents living in Foley?↓
Data shows that commutes under 30 minutes account for 51% of the population (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This makes the city a viable location for those working in nearby hubs like St. Cloud. Bill Hill helps clients evaluate how a location fits their daily logistics.
What is the current mortgage rate environment for Foley buyers?↓
The average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey, week of 2026-09-24). This is an increase from the average 30-year fixed mortgage rate a year earlier of 6.26% (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Bill Hill assists buyers in navigating these shifting financial factors.
Related