Market Overview
Home Prices in Akeley, MN
The median home value in Akeley, MN is $300,179 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Akeley are priced27% below average. Akeley is part of the Brainerd, MN metro area.
Over the past five years, Akeley home values have risen by approximately29.7%, reflecting strong long-term appreciation in this market.
Price History
Akeley Home Price Trend
City Comparison
Akeley vs. National Median
At $300,179, homes in Akeley cost 27% below the national median of $410,000. This makes Akeley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Akeley?
20% Down Payment
$60,036
on $300,179
Monthly P&I
$1,566/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,989/mo
incl. taxes & insurance
Income Needed
$79,560
gross annual (30% rule)
10% Down Option
$30,018
+ PMI applies
Loan Amount (20% dn)
$240,143
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Akeley, MN?
The median home value in Akeley is $300,179 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Akeley?
Over the past year, home values in Akeley have increased by 1.8%. Over five years, prices have risen approximately 29.7%.
How much do I need to earn to buy a home in Akeley?
To comfortably afford the median home price of $300,179 with a 20% down payment ($60,036) at today's rates (6.8%), you'd need a gross annual income of approximately $79,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Akeley compare to the national average home price?
The national median home value is approximately $410,000. At $300,179, homes in Akeley are 27% below the national average.
What metro area is Akeley part of?
Akeley is part of the Brainerd, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.