Market Overview
Home Prices in Barnesville, MN
The median home value in Barnesville, MN is $311,624 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Barnesville are priced24% below average. Barnesville is part of the Fargo, ND-MN metro area.
Over the past five years, Barnesville home values have risen by approximately21.2%, reflecting strong long-term appreciation in this market.
Price History
Barnesville Home Price Trend
City Comparison
Barnesville vs. National Median
At $311,624, homes in Barnesville cost 24% below the national median of $410,000. This makes Barnesville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Barnesville?
20% Down Payment
$62,325
on $311,624
Monthly P&I
$1,625/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,064/mo
incl. taxes & insurance
Income Needed
$82,560
gross annual (30% rule)
10% Down Option
$31,162
+ PMI applies
Loan Amount (20% dn)
$249,299
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 Barnesville, MN?
The median home value in Barnesville is $311,624 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Barnesville?
Over the past year, home values in Barnesville have increased by 3.5%. Over five years, prices have risen approximately 21.2%.
How much do I need to earn to buy a home in Barnesville?
To comfortably afford the median home price of $311,624 with a 20% down payment ($62,325) at today's rates (6.8%), you'd need a gross annual income of approximately $82,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Barnesville compare to the national average home price?
The national median home value is approximately $410,000. At $311,624, homes in Barnesville are 24% below the national average.
What metro area is Barnesville part of?
Barnesville is part of the Fargo, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.