Waseca County, Minnesota home prices
Typical home $259,153 · +2.5% in a year · property tax 1.18%
The typical home in Waseca County is worth $259,153, 26% less than the Minnesota typical home ($348,778). Values changed +2.5% in the past year and +21.3% over five years. Homeowners here pay a median 1.18% of their home's value in property tax each year ($3,055 on the typical home), versus 1.04% statewide.
Mortgage on the typical Waseca County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,831 | $207,323 | $1,395 | $0 | $384 | $1,779 | $76,200 |
| 10% down | $25,915 | $233,238 | $1,569 | $97 | $384 | $2,050 | $87,900 |
| 5% down | $12,958 | $246,196 | $1,656 | $103 | $384 | $2,143 | $91,800 |
| 3.5% down (FHA) | $9,070 | $254,459 | $1,712 | $115 | $384 | $2,211 | $94,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.18% 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 |
|---|---|---|---|
| Pine County | $261,692 | +5.1% | 0.86% |
| Saint Louis County | $255,915 | +5.6% | 1.03% |
| Beltrami County | $263,076 | +2.7% | 0.97% |
| Murray County | $254,869 | +8.2% | 0.79% |
| Rock County | $263,653 | +3.4% | 0.71% |
| Polk County | $253,192 | +5.9% | 1.01% |
| Todd County | $265,621 | +6.8% | 0.95% |
| Clearwater County | $248,962 | +11.2% | 0.67% |
| Kanabec County | $270,028 | +5.7% | 1.13% |
| Brown County | $247,202 | +7.2% | 1.03% |
Frequently asked questions
What is the average home price in Waseca County, MN?
The typical home value in Waseca County is $259,153 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Waseca County?
About $76,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Waseca County?
The median effective rate is 1.18% of home value a year (Census ACS 2024 5-year estimates).