Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$175,907+7.3% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$38,133About 0.6× the local median income ($60,812): affordable for a typical household
Days on market108 daysSlower than a year ago: buyers have time to negotiate
The typical home in Mahnomen County, MN is worth $175,907, up 7.3% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $188,271, so the area is 6.6% undervalued. It is a seller's market: homes take about 108 days to sell, listings are down 47% from a year ago, 0% of listings have had a price cut. A household needs about $38,133 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 $60,812. In the latest IRS figures, 90 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
$175,907
Change in 1 year
+7.3%
Overvalued %
−6.6%
Show 6 more
Fair home value
$188,271
Change in 5 years
+13.3%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$953
Income needed to afford it
$38,133
Property tax rate
0.93%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−46.7%
Days on market
108
Listings with a price cut
0.0%
Show 3 more
Homes for sale
8
Pending sales per 100 listings
25
Asking price per sq ft
$139
People and jobs
Median household income
$60,812
Population change (1 year)
−1.7%
Unemployment rate
9.8%
Show 4 more
Population
5,153
Income adjusted for cost of living
$70,794
Net moves in (IRS)
−90
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
2.2
FEMA hazard risk score (0 to 100)
7.1
Flood risk score
11.5
Show 3 more
Wildfire risk score
58.3
Walkability (1 to 20)
4.9
Road, rail and air noise
52 dB
Questions people ask
Is Mahnomen County, MN overvalued?
Home prices in Mahnomen County, MN are slightly below what local incomes have historically supported: fair value is about $188,271, so the area is 6.6% undervalued.
Is Mahnomen County, MN a buyer's or seller's market?
Mahnomen County, MN is a seller's market: homes take about 108 days to sell, listings are down 47% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Mahnomen County, MN?
Home values in Mahnomen County, MN are up 7.3% over the last year.
How much do you need to earn to buy a home in Mahnomen County, MN?
A household needs about $38,133 a year to afford the typical home in Mahnomen County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,812.