Market Overview
Home Prices in Belgrade, MN
The median home value in Belgrade, MN is $188,322 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belgrade are priced54% below average. Belgrade is part of the St. Cloud, MN metro area.
Over the past five years, Belgrade home values have risen by approximately24.2%, reflecting strong long-term appreciation in this market.
Price History
Belgrade Home Price Trend
City Comparison
Belgrade vs. National Median
At $188,322, homes in Belgrade cost 54% below the national median of $410,000. This makes Belgrade a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Belgrade?
20% Down Payment
$37,664
on $188,322
Monthly P&I
$982/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,247/mo
incl. taxes & insurance
Income Needed
$49,880
gross annual (30% rule)
10% Down Option
$18,832
+ PMI applies
Loan Amount (20% dn)
$150,658
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 Belgrade, MN?
The median home value in Belgrade is $188,322 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Belgrade?
Over the past year, home values in Belgrade have increased by 0.7%. Over five years, prices have risen approximately 24.2%.
How much do I need to earn to buy a home in Belgrade?
To comfortably afford the median home price of $188,322 with a 20% down payment ($37,664) at today's rates (6.8%), you'd need a gross annual income of approximately $49,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Belgrade compare to the national average home price?
The national median home value is approximately $410,000. At $188,322, homes in Belgrade are 54% below the national average.
What metro area is Belgrade part of?
Belgrade is part of the St. Cloud, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.