Typical Cost of a House in Minnesota
On this page
The median home value in Minnesota is $329,300, measured over 2020–2024. That is 1.0% below the U.S. median of $332,700. Half of owner-occupied homes are valued above that figure and half below.
Median home value
$329,300
2020–2024, give or take $903
Against the U.S. median
−1.0%
BelowU.S. $332,700
Rank among states
23rd highest
of 51, counting the District of Columbia
Monthly housing costs in Minnesota
What households actually pay each month, for those who own with a mortgage and those who rent.
Owning with a mortgage
$1,947a month
−0.8%U.S. $1,963
Median of mortgage payments, property taxes, insurance, utilities and fees together.
Renting
$1,280a month
−9.4%U.S. $1,413
Median gross rent: the rent itself plus utilities the renter pays.
Where Minnesota sits among the states
Each tick is one state's median home value. The highlighted band holds the middle half of them, and the dark line is the median.
Home values by county in Minnesota
87 counties, each compared with the Minnesota median.
- Aitkin County−22.3%$255,800
- Anoka County+5.2%$346,500
- Becker County−11.6%$291,000
- Beltrami County−27.9%$237,500
- Benton County−17.7%$271,000
- Big Stone County−48.6%$169,100
- Blue Earth County−19.0%$266,700
- Brown County−41.9%$191,200
- Carlton County−25.6%$245,100
- Carver County+37.7%$453,600
- Cass County−12.5%$288,300
- Chippewa County−52.6%$156,100
- Chisago County+6.9%$351,900
- Clay County−19.4%$265,500
- Clearwater County−41.7%$192,100
- Cook County+2.1%$336,200
- Cottonwood County−48.6%$169,300
- Crow Wing County−6.8%$306,800
- Dakota County+15.7%$381,000
- Dodge County−12.6%$287,700
- Douglas County−2.4%$321,400
- Faribault County−58.9%$135,300
- Fillmore County−32.9%$221,100
- Freeborn County−48.0%$171,100
- Goodhue County−13.4%$285,100
- Grant County−42.0%$191,000
- Hennepin County+19.3%$392,900
- Houston County−27.4%$239,000
- Hubbard County−14.2%$282,600
- Isanti County−7.0%$306,200
- Itasca County−31.6%$225,200
- Jackson County−52.3%$157,100
- Kanabec County−30.7%$228,100
- Kandiyohi County−26.1%$243,200
- Kittson County−59.1%$134,800
- Koochiching County−52.4%$156,600
- Lac qui Parle County−52.1%$157,600
- Lake County−26.7%$241,300
- Lake of the Woods County−34.4%$216,100
- Le Sueur County−3.9%$316,500
- Lincoln County−50.1%$164,400
- Lyon County−39.1%$200,700
- Mahnomen County−50.8%$161,900
- Marshall County−50.0%$164,500
- Martin County−50.3%$163,500
- McLeod County−25.3%$246,100
- Meeker County−24.4%$249,000
- Mille Lacs County−21.6%$258,300
- Morrison County−24.5%$248,500
- Mower County−43.8%$185,200
- Murray County−43.7%$185,400
- Nicollet County−17.9%$270,300
- Nobles County−40.1%$197,200
- Norman County−55.3%$147,100
- Olmsted County+0.7%$331,700
- Otter Tail County−17.1%$273,000
- Pennington County−40.6%$195,500
- Pine County−27.3%$239,300
- Pipestone County−57.4%$140,200
- Polk County−32.3%$222,800
- Pope County−22.5%$255,100
- Ramsey County−0.8%$326,600
- Red Lake County−50.8%$162,000
- Redwood County−52.0%$158,200
- Renville County−50.4%$163,200
- Rice County−2.8%$320,200
- Rock County−31.9%$224,300
- Roseau County−44.2%$183,700
- Scott County+27.4%$419,400
- Sherburne County+9.7%$361,400
- Sibley County−29.6%$231,900
- St. Louis County−32.8%$221,400
- Stearns County−17.0%$273,400
- Steele County−25.5%$245,400
- Stevens County−38.4%$202,800
- Swift County−51.0%$161,400
- Todd County−36.9%$207,700
- Traverse County−65.4%$114,100
- Wabasha County−19.7%$264,400
- Wadena County−47.5%$173,000
- Waseca County−32.9%$220,800
- Washington County+28.2%$422,000
- Watonwan County−50.7%$162,400
- Wilkin County−44.7%$182,200
- Winona County−28.5%$235,400
- Wright County+9.0%$358,900
- Yellow Medicine County−53.0%$154,700
What this figure is
It is not a sale price. The Census Bureau asks homeowners what they think their home would sell for, and this is the middle answer for owner-occupied homes in Minnesota. It covers every kind of home people own and live in, from condos to large houses, so the price of a particular house on the market can be far from it.
The figure describes the whole of 2020–2024, not a single year, and it is not adjusted for price changes since then. A survey always carries some uncertainty: the true value is very likely within $903 of the one shown.
Common questions
How much does a house cost in Minnesota?
- The median home value in Minnesota is $329,300, from Census Bureau survey data for 2020–2024. Half of owner-occupied homes are valued above that and half below.
What is the average home price in Minnesota?
- The Census Bureau publishes a median rather than an average: $329,300 for 2020–2024. It is what owners estimate their homes would sell for, not a record of recent sale prices.
How much is a monthly mortgage payment in Minnesota?
- Homeowners with a mortgage in Minnesota pay a median of $1,947 a month. That covers the mortgage payment together with property taxes, insurance and utilities.
What is the average rent in Minnesota?
- Median gross rent in Minnesota is $1,280 a month for 2020–2024. Gross rent is the rent itself plus the utilities the renter pays.
Are homes in Minnesota expensive compared with other places?
- Minnesota has the 23rd highest median home value of 51 states, 1.0% below the U.S. median of $332,700.
Source
U.S. Census Bureau
American Community Survey 5-Year Estimates, 2020–2024, tables B25077, B25064 and B25088. Retrieved on October 6, 2026.
About the American Community SurveySource: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020–2024.
Home values in other states
The percentage compares each state with the U.S. median.
- Alabama−36.9%$209,900
- Alaska+6.1%$352,900
- Arizona+18.6%$394,500
- Arkansas−43.5%$188,000
- California+120.8%$734,700
- Colorado+62.1%$539,400
- Connecticut+10.3%$366,900
- Delaware+5.8%$352,000
- District of Columbia+121.6%$737,100
- Florida+7.9%$359,000
- Georgia−8.8%$303,300
- Hawaii+152.2%$839,100
- Idaho+25.8%$418,600
- Illinois−20.9%$263,300
- Indiana−34.4%$218,200
- Iowa−37.5%$208,000
- Kansas−34.7%$217,200
- Kentucky−38.2%$205,600
- Louisiana−34.9%$216,500
- Maine−10.9%$296,600
- Maryland+26.2%$419,900
- Massachusetts+69.0%$562,100
- Michigan−30.4%$231,600
- Mississippi−49.0%$169,800
- Missouri−30.8%$230,300
- Montana+13.0%$375,800
- Nebraska−28.3%$238,600
- Nevada+30.9%$435,400
- New Hampshire+21.0%$402,500
- New Jersey+36.6%$454,400
- New Mexico−25.4%$248,100
- New York+27.4%$423,800
- North Carolina−13.2%$288,900
- North Dakota−24.9%$249,900
- Ohio−35.4%$214,800
- Oklahoma−39.9%$199,800
- Oregon+43.6%$477,600
- Pennsylvania−23.5%$254,500
- Rhode Island+21.5%$404,200
- South Carolina−22.2%$259,000
- South Dakota−22.6%$257,400
- Tennessee−13.8%$286,700
- Texas−14.7%$283,800
- Utah+47.1%$489,400
- Vermont−4.8%$316,600
- Virginia+15.3%$383,700
- Washington+69.7%$564,600
- West Virginia−51.1%$162,600
- Wisconsin−19.9%$266,500
- Wyoming−6.9%$309,700