Market Overview
Home Prices in Ashby, MN
The median home value in Ashby, MN is $315,560 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.2% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ashby are priced23% below average. Ashby is part of the Fergus Falls, MN metro area.
Over the past five years, Ashby home values have risen by approximately38.0%, reflecting strong long-term appreciation in this market.
Price History
Ashby Home Price Trend
City Comparison
Ashby vs. National Median
At $315,560, homes in Ashby cost 23% below the national median of $410,000. This makes Ashby a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ashby?
20% Down Payment
$63,112
on $315,560
Monthly P&I
$1,646/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,090/mo
incl. taxes & insurance
Income Needed
$83,600
gross annual (30% rule)
10% Down Option
$31,556
+ PMI applies
Loan Amount (20% dn)
$252,448
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 Ashby, MN?
The median home value in Ashby is $315,560 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.2% year-over-year.
How much have home prices changed in Ashby?
Over the past year, home values in Ashby have increased by 10.2%. Over five years, prices have risen approximately 38.0%.
How much do I need to earn to buy a home in Ashby?
To comfortably afford the median home price of $315,560 with a 20% down payment ($63,112) at today's rates (6.8%), you'd need a gross annual income of approximately $83,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Ashby compare to the national average home price?
The national median home value is approximately $410,000. At $315,560, homes in Ashby are 23% below the national average.
What metro area is Ashby part of?
Ashby is part of the Fergus Falls, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.