Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$373,109+1.6% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$80,882About 0.8× the local median income ($100,616): affordable for a typical household
Days on market40 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.6%Zillow expects prices to rise slightly
The typical home in Anoka County, MN is worth $373,109, up 1.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $337,464, so the area is 10.6% overvalued. It is a buyer's market: homes take about 40 days to sell, listings are up 44% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 1.6% over the next year. A household needs about $80,882 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $100,616. Typical rent is $1,699 a month, or $2,392 for a house. In the latest IRS figures, 731 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$373,109
Change in 1 year
+1.6%
Overvalued %
+10.6%
Show 7 more
Fair home value
$337,464
Change in 5 years
+11.6%
Zillow forecast, next 12 months
+1.6%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$2,022
Income needed to afford it
$80,882
Property tax rate
0.94%
Rent and investing
Typical rent
$1,699
Typical rent for houses
$2,392
Price-to-rent ratio
18.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,734
Gross rental yield
5.47%
Cap rate (estimate)
3.55%
Market activity
Listings vs a year ago
+44.5%
Days on market
40
Listings with a price cut
24.3%
Show 3 more
Homes for sale
993
Pending sales per 100 listings
30
Asking price per sq ft
$196
People and jobs
Median household income
$100,616
Population change (1 year)
+1.0%
Unemployment rate
4.3%
Show 4 more
Population
381,605
Income adjusted for cost of living
$96,008
Net moves in (IRS)
+731
Cost of living (US = 100)
104.8
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
88.0
Unhealthy air days a year
9
Show 4 more
Flood risk score
92.0
Wildfire risk score
81.6
Walkability (1 to 20)
8.8
Road, rail and air noise
52 dB
Questions people ask
Is Anoka County, MN overvalued?
Home prices in Anoka County, MN are well above what local incomes have historically supported: fair value is about $337,464, so the area is 10.6% overvalued.
Is Anoka County, MN a buyer's or seller's market?
Anoka County, MN is a buyer's market: homes take about 40 days to sell, listings are up 44% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Anoka County, MN?
Home values in Anoka County, MN are up 1.6% over the last year. Zillow's forecast for the next 12 months is +1.6%.
How much do you need to earn to buy a home in Anoka County, MN?
A household needs about $80,882 a year to afford the typical home in Anoka County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $100,616.