Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$270,028+5.7% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$58,536About 0.8× the local median income ($71,812): affordable for a typical household
Days on market51 daysSlower than a year ago: buyers have time to negotiate
The typical home in Kanabec County, MN is worth $270,028, up 5.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $223,678, so the area is 20.7% overvalued. It is a buyer's market: homes take about 51 days to sell, listings are up 110% from a year ago, 26% of listings have had a price cut. A household needs about $58,536 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 $71,812. In the latest IRS figures, 18 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
$270,028
Change in 1 year
+5.7%
Overvalued %
+20.7%
Show 6 more
Fair home value
$223,678
Change in 5 years
+23.4%
Home value to income
3.8×
Monthly mortgage payment (20% down)
$1,463
Income needed to afford it
$58,536
Property tax rate
1.13%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+110.0%
Days on market
51
Listings with a price cut
25.6%
Show 3 more
Homes for sale
63
Pending sales per 100 listings
24
Asking price per sq ft
$193
People and jobs
Median household income
$71,812
Population change (1 year)
+0.0%
Unemployment rate
4.6%
Show 4 more
Population
16,628
Income adjusted for cost of living
$83,600
Net moves in (IRS)
−18
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)
21.3
Flood risk score
34.5
Show 3 more
Wildfire risk score
63.3
Walkability (1 to 20)
4.6
Road, rail and air noise
53 dB
Questions people ask
Is Kanabec County, MN overvalued?
Home prices in Kanabec County, MN are well above what local incomes have historically supported: fair value is about $223,678, so the area is 20.7% overvalued.
Is Kanabec County, MN a buyer's or seller's market?
Kanabec County, MN is a buyer's market: homes take about 51 days to sell, listings are up 110% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Kanabec County, MN?
Home values in Kanabec County, MN are up 5.7% over the last year.
How much do you need to earn to buy a home in Kanabec County, MN?
A household needs about $58,536 a year to afford the typical home in Kanabec County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,812.