Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$397,588+1.2% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$86,189About 0.8× the local median income ($102,130): affordable for a typical household
Days on market42 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.6%Zillow expects prices to rise slightly
The typical home in Wright County, MN is worth $397,588, up 1.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $332,589, so the area is 19.5% overvalued. It is a balanced market, leaning toward buyers: homes take about 42 days to sell, listings are up 8% from a year ago, 26% of listings have had a price cut. Zillow expects prices to rise about 1.6% over the next year. A household needs about $86,189 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 $102,130. Typical rent is $1,845 a month, or $2,597 for a house. In the latest IRS figures, 1,913 more people moved in than out.
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
$397,588
Change in 1 year
+1.2%
Overvalued %
+19.5%
Show 7 more
Fair home value
$332,589
Change in 5 years
+13.0%
Zillow forecast, next 12 months
+1.6%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$2,155
Income needed to afford it
$86,189
Property tax rate
0.98%
Rent and investing
Typical rent
$1,845
Typical rent for houses
$2,597
Price-to-rent ratio
18.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,734
Gross rental yield
5.57%
Cap rate (estimate)
3.62%
Market activity
Listings vs a year ago
+7.7%
Days on market
42
Listings with a price cut
26.1%
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Homes for sale
574
Pending sales per 100 listings
33
Asking price per sq ft
$195
People and jobs
Median household income
$102,130
Population change (1 year)
+1.9%
Unemployment rate
2.7%
Show 4 more
Population
157,559
Income adjusted for cost of living
$97,452
Net moves in (IRS)
+1,913
Cost of living (US = 100)
104.8
Schools, risk and environment
School rating (1 to 10)
8.3
FEMA hazard risk score (0 to 100)
68.4
Unhealthy air days a year
10
Show 4 more
Flood risk score
74.7
Wildfire risk score
61.0
Walkability (1 to 20)
6.7
Road, rail and air noise
53 dB
Questions people ask
Is Wright County, MN overvalued?
Home prices in Wright County, MN are well above what local incomes have historically supported: fair value is about $332,589, so the area is 19.5% overvalued.
Is Wright County, MN a buyer's or seller's market?
Wright County, MN is a balanced market, leaning toward buyers: homes take about 42 days to sell, listings are up 8% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Wright County, MN?
Home values in Wright County, MN are up 1.2% over the last year. Zillow's forecast for the next 12 months is +1.6%.
How much do you need to earn to buy a home in Wright County, MN?
A household needs about $86,189 a year to afford the typical home in Wright County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $102,130.