Market Overview
Home Prices in Askov, MN
The median home value in Askov, MN is $169,007 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Askov are priced59% below average.
Over the past five years, Askov home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
Askov Home Price Trend
2020
$101,518
$102K
—
2021
$135,431
$135K
+33.4%
2022
$144,660
$145K
+6.8%
2023
$154,721
$155K
+7.0%
2024
$168,039
$168K
+8.6%
2025
$164,702
$165K
-2.0%
2026
$169,007
$169K
+2.6%
City Comparison
Askov vs. National Median
🏠 Askov
$169,007
National Median
$410,000
At $169,007, homes in Askov cost 59% below the national median of $410,000. This makes Askov a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Askov?
20% Down Payment
$33,801
on $169,007
Monthly P&I
$881/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,119/mo
incl. taxes & insurance
Income Needed
$44,760
gross annual (30% rule)
10% Down Option
$16,901
+ PMI applies
Loan Amount (20% dn)
$135,206
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 Askov, MN?
The median home value in Askov is $169,007 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Askov?
Over the past year, home values in Askov have increased by 2.6%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in Askov?
To comfortably afford the median home price of $169,007 with a 20% down payment ($33,801) at today's rates (6.8%), you'd need a gross annual income of approximately $44,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Askov compare to the national average home price?
The national median home value is approximately $410,000. At $169,007, homes in Askov are 59% below the national average.