Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$216,260+3.9% YoY · prices are rising fast
Market right nowBuyer's marketFewer homes for sale than last year, 23% have cut their price
Income needed to buy, per year$46,881About 0.6× the local median income ($72,965): affordable for a typical household
Days on market122 daysSlower than a year ago: buyers have time to negotiate
The typical home in Lac Qui Parle County, MN is worth $216,260, up 3.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $186,455, so the area is 16.0% overvalued. It is a buyer's market: homes take about 122 days to sell, listings are down 0% from a year ago, 23% of listings have had a price cut. A household needs about $46,881 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 $72,965. In the latest IRS figures, 6 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
$216,260
Change in 1 year
+3.9%
Overvalued %
+16.0%
Show 6 more
Fair home value
$186,455
Change in 5 years
+31.2%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$1,172
Income needed to afford it
$46,881
Property tax rate
0.90%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
0.0%
Days on market
122
Listings with a price cut
23.1%
Show 3 more
Homes for sale
35
Pending sales per 100 listings
11
Asking price per sq ft
$95
People and jobs
Median household income
$72,965
Population change (1 year)
+0.7%
Unemployment rate
2.0%
Show 4 more
Population
6,704
Income adjusted for cost of living
$84,942
Net moves in (IRS)
−6
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.9
FEMA hazard risk score (0 to 100)
18.8
Flood risk score
25.6
Show 3 more
Wildfire risk score
29.7
Walkability (1 to 20)
6.2
Road, rail and air noise
52 dB
Questions people ask
Is Lac Qui Parle County, MN overvalued?
Home prices in Lac Qui Parle County, MN are well above what local incomes have historically supported: fair value is about $186,455, so the area is 16.0% overvalued.
Is Lac Qui Parle County, MN a buyer's or seller's market?
Lac Qui Parle County, MN is a buyer's market: homes take about 122 days to sell, listings are down 0% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Lac Qui Parle County, MN?
Home values in Lac Qui Parle County, MN are up 3.9% over the last year.
How much do you need to earn to buy a home in Lac Qui Parle County, MN?
A household needs about $46,881 a year to afford the typical home in Lac Qui Parle County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,965.