Mahnomen County, Minnesota home prices
Typical home $175,907 · +7.3% in a year · property tax 0.93%
The typical home in Mahnomen County is worth $175,907, 50% less than the Minnesota typical home ($348,778). Values changed +7.3% in the past year and +13.3% over five years. Homeowners here pay a median 0.93% of their home's value in property tax each year ($1,640 on the typical home), versus 1.04% statewide.
Mortgage on the typical Mahnomen County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,181 | $140,726 | $947 | $0 | $225 | $1,171 | $50,200 |
| 10% down | $17,591 | $158,317 | $1,065 | $66 | $225 | $1,356 | $58,100 |
| 5% down | $8,795 | $167,112 | $1,124 | $70 | $225 | $1,418 | $60,800 |
| 3.5% down (FHA) | $6,157 | $172,721 | $1,162 | $78 | $225 | $1,464 | $62,800 |
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 |
|---|---|---|---|
| Yellow Medicine County | $176,826 | +6.3% | 1.04% |
| Watonwan County | $174,190 | +3.2% | 1.05% |
| Norman County | $181,155 | +5.8% | 0.94% |
| Cottonwood County | $169,239 | -0.2% | 1.05% |
| Redwood County | $187,335 | +6.2% | 1% |
| Faribault County | $161,984 | +3.7% | 0.99% |
| Pennington County | $191,990 | -2.4% | 1.26% |
| Renville County | $192,374 | +7.8% | 1.04% |
| Koochiching County | $157,546 | +4.1% | 0.74% |
| Freeborn County | $197,437 | +5.5% | 1.11% |
Frequently asked questions
What is the average home price in Mahnomen County, MN?
The typical home value in Mahnomen County is $175,907 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Mahnomen County?
About $50,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Mahnomen County?
The median effective rate is 0.93% of home value a year (Census ACS 2024 5-year estimates).