Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$241,357+6.9% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 23% have cut their price
Income needed to buy, per year$52,321About 0.7× the local median income ($69,963): affordable for a typical household
Days on market86 daysSlower than a year ago: buyers have time to negotiate
The typical home in Grant County, MN is worth $241,357, up 6.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $196,806, so the area is 22.6% overvalued. It is a balanced market, leaning toward sellers: homes take about 86 days to sell, listings are down 8% from a year ago, 23% of listings have had a price cut. A household needs about $52,321 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 $69,963. In the latest IRS figures, 61 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
$241,357
Change in 1 year
+6.9%
Overvalued %
+22.6%
Show 6 more
Fair home value
$196,806
Change in 5 years
+28.3%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,308
Income needed to afford it
$52,321
Property tax rate
0.93%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−7.7%
Days on market
86
Listings with a price cut
22.9%
Show 3 more
Homes for sale
24
Pending sales per 100 listings
33
Asking price per sq ft
$131
People and jobs
Median household income
$69,963
Population change (1 year)
−0.9%
Unemployment rate
2.8%
Show 4 more
Population
6,085
Income adjusted for cost of living
$81,447
Net moves in (IRS)
−61
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
7.0
FEMA hazard risk score (0 to 100)
3.0
Flood risk score
8.7
Show 3 more
Wildfire risk score
14.3
Walkability (1 to 20)
6.4
Road, rail and air noise
52 dB
Questions people ask
Is Grant County, MN overvalued?
Home prices in Grant County, MN are well above what local incomes have historically supported: fair value is about $196,806, so the area is 22.6% overvalued.
Is Grant County, MN a buyer's or seller's market?
Grant County, MN is a balanced market, leaning toward sellers: homes take about 86 days to sell, listings are down 8% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Grant County, MN?
Home values in Grant County, MN are up 6.9% over the last year.
How much do you need to earn to buy a home in Grant County, MN?
A household needs about $52,321 a year to afford the typical home in Grant County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,963.