Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$438,446+4.4% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 5% have cut their price
Income needed to buy, per year$95,046About 1.4× the local median income ($68,087): a stretch for a typical household
Days on market96 daysFaster than a year ago: sellers have the edge
The typical home in Cook County, MN is worth $438,446, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $368,504, so the area is 19.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 46% from a year ago, 5% of listings have had a price cut. A household needs about $95,046 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 $68,087. In the latest IRS figures, 31 more people moved out than in.
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
$438,446
Change in 1 year
+4.4%
Overvalued %
+19.0%
Show 6 more
Fair home value
$368,504
Change in 5 years
+33.9%
Home value to income
6.4×
Monthly mortgage payment (20% down)
$2,376
Income needed to afford it
$95,046
Property tax rate
0.69%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,022
Market activity
Listings vs a year ago
+45.5%
Days on market
96
Listings with a price cut
5.0%
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Homes for sale
80
Pending sales per 100 listings
15
Asking price per sq ft
$375
People and jobs
Median household income
$68,087
Population change (1 year)
−0.3%
Unemployment rate
2.2%
Show 4 more
Population
5,522
Income adjusted for cost of living
$79,263
Net moves in (IRS)
−31
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
11.2
Unhealthy air days a year
12
Show 4 more
Flood risk score
19.8
Wildfire risk score
79.6
Walkability (1 to 20)
6.4
Road, rail and air noise
54 dB
Questions people ask
Is Cook County, MN overvalued?
Home prices in Cook County, MN are well above what local incomes have historically supported: fair value is about $368,504, so the area is 19.0% overvalued.
Is Cook County, MN a buyer's or seller's market?
Cook County, MN is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 46% from a year ago, 5% of listings have had a price cut.
Are home prices going down in Cook County, MN?
Home values in Cook County, MN are up 4.4% over the last year.
How much do you need to earn to buy a home in Cook County, MN?
A household needs about $95,046 a year to afford the typical home in Cook County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,087.