Grant County, Minnesota home prices
Typical home $241,357 · +6.9% in a year · property tax 0.93%
The typical home in Grant County is worth $241,357, 31% less than the Minnesota typical home ($348,778). Values changed +6.9% in the past year and +28.3% over five years. Homeowners here pay a median 0.93% of their home's value in property tax each year ($2,253 on the typical home), versus 1.04% statewide.
Mortgage on the typical Grant County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,271 | $193,086 | $1,299 | $0 | $308 | $1,607 | $68,900 |
| 10% down | $24,136 | $217,222 | $1,461 | $91 | $308 | $1,860 | $79,700 |
| 5% down | $12,068 | $229,290 | $1,542 | $96 | $308 | $1,946 | $83,400 |
| 3.5% down (FHA) | $8,448 | $236,986 | $1,594 | $107 | $308 | $2,009 | $86,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.93% 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.
Minnesota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Nobles County | $246,403 | +6.5% | 0.99% |
| Itasca County | $246,649 | +0.1% | 0.86% |
| Brown County | $247,202 | +7.2% | 1.03% |
| Clearwater County | $248,962 | +11.2% | 0.67% |
| Polk County | $253,192 | +5.9% | 1.01% |
| Murray County | $254,869 | +8.2% | 0.79% |
| Wadena County | $227,305 | +4.3% | 1.04% |
| Jackson County | $227,184 | +0.5% | 0.93% |
| Lyon County | $226,888 | +8.5% | 1.06% |
| Saint Louis County | $255,915 | +5.6% | 1.03% |
Frequently asked questions
What is the average home price in Grant County, MN?
The typical home value in Grant County is $241,357 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Grant County?
About $68,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Grant County?
The median effective rate is 0.93% of home value a year (Census ACS 2024 5-year estimates).