Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$322,279+3.5% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$69,863About 0.9× the local median income ($77,735): affordable for a typical household
Days on market53 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.4%Zillow expects prices to rise slightly
The typical home in Houston County, MN is worth $322,279, up 3.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $265,359, so the area is 21.5% overvalued. It is a balanced market, leaning toward buyers: homes take about 53 days to sell, listings are up 45% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 3.4% over the next year. A household needs about $69,863 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 $77,735. In the latest IRS figures, 1 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
$322,279
Change in 1 year
+3.5%
Overvalued %
+21.5%
Show 7 more
Fair home value
$265,359
Change in 5 years
+37.1%
Zillow forecast, next 12 months
+3.4%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,747
Income needed to afford it
$69,863
Property tax rate
1.15%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,343
Market activity
Listings vs a year ago
+44.7%
Days on market
53
Listings with a price cut
15.6%
Show 3 more
Homes for sale
55
Pending sales per 100 listings
35
Asking price per sq ft
$154
People and jobs
Median household income
$77,735
Population change (1 year)
−0.7%
Unemployment rate
1.6%
Show 4 more
Population
18,400
Income adjusted for cost of living
$84,679
Net moves in (IRS)
−1
Cost of living (US = 100)
91.8
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
29.5
Flood risk score
46.0
Show 3 more
Wildfire risk score
8.8
Walkability (1 to 20)
7.8
Road, rail and air noise
52 dB
Questions people ask
Is Houston County, MN overvalued?
Home prices in Houston County, MN are well above what local incomes have historically supported: fair value is about $265,359, so the area is 21.5% overvalued.
Is Houston County, MN a buyer's or seller's market?
Houston County, MN is a balanced market, leaning toward buyers: homes take about 53 days to sell, listings are up 45% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Houston County, MN?
Home values in Houston County, MN are up 3.5% over the last year. Zillow's forecast for the next 12 months is +3.4%.
How much do you need to earn to buy a home in Houston County, MN?
A household needs about $69,863 a year to afford the typical home in Houston County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,735.