Market Overview
Home Prices in Bagley, MN
The median home value in Bagley, MN is $243,019 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.2% compared to a year ago and up 9.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bagley are priced41% below average.
Over the past five years, Bagley home values have risen by approximately43.6%, reflecting strong long-term appreciation in this market.
Price History
Bagley Home Price Trend
2020
$145,750
$146K
—
2021
$169,252
$169K
+16.1%
2022
$183,544
$184K
+8.4%
2023
$199,158
$199K
+8.5%
2024
$197,955
$198K
-0.6%
2025
$216,584
$217K
+9.4%
2026
$243,019
$243K
+12.2%
City Comparison
Bagley vs. National Median
🏠 Bagley
$243,019
National Median
$410,000
At $243,019, homes in Bagley cost 41% below the national median of $410,000. This makes Bagley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bagley?
20% Down Payment
$48,604
on $243,019
Monthly P&I
$1,267/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,609/mo
incl. taxes & insurance
Income Needed
$64,360
gross annual (30% rule)
10% Down Option
$24,302
+ PMI applies
Loan Amount (20% dn)
$194,415
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 Bagley, MN?
The median home value in Bagley is $243,019 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.2% year-over-year.
How much have home prices changed in Bagley?
Over the past year, home values in Bagley have increased by 12.2%. Over five years, prices have risen approximately 43.6%.
How much do I need to earn to buy a home in Bagley?
To comfortably afford the median home price of $243,019 with a 20% down payment ($48,604) at today's rates (6.8%), you'd need a gross annual income of approximately $64,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Bagley compare to the national average home price?
The national median home value is approximately $410,000. At $243,019, homes in Bagley are 41% below the national average.