Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$347,708+3.3% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$75,376About 0.9× the local median income ($79,503): affordable for a typical household
Days on market53 daysFaster than a year ago: sellers have the edge
The typical home in Douglas County, MN is worth $347,708, up 3.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $322,242, so the area is 7.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 53 days to sell, listings are up 4% from a year ago, 23% of listings have had a price cut. A household needs about $75,376 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 $79,503. Typical rent is $1,527 a month. In the latest IRS figures, 80 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
$347,708
Change in 1 year
+3.3%
Overvalued %
+7.9%
Show 6 more
Fair home value
$322,242
Change in 5 years
+25.1%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$1,884
Income needed to afford it
$75,376
Property tax rate
0.83%
Rent and investing
Typical rent
$1,527
Price-to-rent ratio
19.0×
HUD Fair Market Rent, 2 bedrooms
$1,027
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Gross rental yield
5.27%
Cap rate (estimate)
3.42%
Market activity
Listings vs a year ago
+4.0%
Days on market
53
Listings with a price cut
22.9%
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Homes for sale
156
Pending sales per 100 listings
26
Asking price per sq ft
$215
People and jobs
Median household income
$79,503
Population change (1 year)
+0.4%
Unemployment rate
2.9%
Show 4 more
Population
40,120
Income adjusted for cost of living
$92,553
Net moves in (IRS)
+80
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
7.5
FEMA hazard risk score (0 to 100)
44.3
Flood risk score
48.2
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Wildfire risk score
50.3
Walkability (1 to 20)
6.7
Road, rail and air noise
53 dB
Questions people ask
Is Douglas County, MN overvalued?
Home prices in Douglas County, MN are slightly above what local incomes have historically supported: fair value is about $322,242, so the area is 7.9% overvalued.
Is Douglas County, MN a buyer's or seller's market?
Douglas County, MN is a balanced market, leaning toward buyers: homes take about 53 days to sell, listings are up 4% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Douglas County, MN?
Home values in Douglas County, MN are up 3.3% over the last year.
How much do you need to earn to buy a home in Douglas County, MN?
A household needs about $75,376 a year to afford the typical home in Douglas County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,503.