Market Overview
Home Prices in Annandale, MN
The median home value in Annandale, MN is $417,696 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Annandale are priced2% above average. Annandale is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Annandale home values have risen by approximately25.8%, reflecting strong long-term appreciation in this market.
Price History
Annandale Home Price Trend
City Comparison
Annandale vs. National Median
At $417,696, homes in Annandale cost 2% above the national median of $410,000. Buyers in Annandale should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Annandale?
20% Down Payment
$83,539
on $417,696
Monthly P&I
$2,178/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,766/mo
incl. taxes & insurance
Income Needed
$110,640
gross annual (30% rule)
10% Down Option
$41,770
+ PMI applies
Loan Amount (20% dn)
$334,157
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 Annandale, MN?
The median home value in Annandale is $417,696 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Annandale?
Over the past year, home values in Annandale have increased by 4.9%. Over five years, prices have risen approximately 25.8%.
How much do I need to earn to buy a home in Annandale?
To comfortably afford the median home price of $417,696 with a 20% down payment ($83,539) at today's rates (6.8%), you'd need a gross annual income of approximately $110,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Annandale compare to the national average home price?
The national median home value is approximately $410,000. At $417,696, homes in Annandale are 2% above the national average.
What metro area is Annandale part of?
Annandale is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.