Carlton County, Minnesota home prices
Typical home $298,854 · +4.2% in a year · property tax 1.17%
The typical home in Carlton County is worth $298,854, 14% less than the Minnesota typical home ($348,778). Values changed +4.2% in the past year and +26.1% over five years. Homeowners here pay a median 1.17% of their home's value in property tax each year ($3,490 on the typical home), versus 1.04% statewide.
Mortgage on the typical Carlton County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,771 | $239,083 | $1,608 | $0 | $440 | $2,049 | $87,800 |
| 10% down | $29,885 | $268,968 | $1,809 | $112 | $440 | $2,362 | $101,200 |
| 5% down | $14,943 | $283,911 | $1,910 | $118 | $440 | $2,468 | $105,800 |
| 3.5% down (FHA) | $10,460 | $293,441 | $1,974 | $132 | $440 | $2,546 | $109,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.17% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Minnesota · part of the Duluth metro area.
Minnesota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Sibley County | $297,792 | +5.9% | 1.1% |
| McLeod County | $297,246 | +2.3% | 1.15% |
| Blue Earth County | $301,642 | +2.1% | 0.98% |
| Meeker County | $295,300 | +5.8% | 0.9% |
| Clay County | $303,991 | +2.5% | 1.13% |
| Steele County | $293,327 | +2.1% | 1.21% |
| Mille Lacs County | $309,263 | +1.5% | 1.04% |
| Stearns County | $310,038 | +2.4% | 1% |
| Nicollet County | $312,313 | +3.0% | 1.13% |
| Kandiyohi County | $285,215 | +1.9% | 1.02% |
Frequently asked questions
What is the average home price in Carlton County, MN?
The typical home value in Carlton County is $298,854 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Carlton County?
About $87,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Carlton County?
The median effective rate is 1.17% of home value a year (Census ACS 2024 5-year estimates).