Willmar, MN home prices
Typical home $285,240 · +1.9% in a year · income needed $82,300
The Willmar, MN metro area ranks 353 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.9% in a year and +23.9% over five years. With 20% down at 7.11%, the typical home costs about $1,921 a month including 1.02% property tax (Kandiyohi County rate).
Mortgage on the typical Willmar home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $57,048 | $228,192 | $1,535 | $0 | $386 | $1,921 | $82,300 |
| 10% down | $28,524 | $256,716 | $1,727 | $107 | $386 | $2,220 | $95,100 |
| 5% down | $14,262 | $270,978 | $1,823 | $113 | $386 | $2,322 | $99,500 |
| 3.5% down (FHA) | $9,983 | $280,074 | $1,884 | $126 | $386 | $2,396 | $102,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.02% 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.
Counties in the Willmar area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Kandiyohi County, MN | $285,215 | +1.9% | 1.02% |
What can you afford in Minnesota on your salary? · Minnesota home prices · Salaries in Minnesota
Frequently asked questions
How much is a house in Willmar?
The typical home in the Willmar, MN metro area is worth $285,240 (Zillow, September 2026).
What salary do you need to buy a house in Willmar?
About $82,300 a year for the typical home with 20% down at 7.11%.