Market Overview
Home Prices in Benson, MN
The median home value in Benson, MN is $189,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Benson are priced54% below average.
Over the past five years, Benson home values have risen by approximately43.4%, reflecting strong long-term appreciation in this market.
Price History
Benson Home Price Trend
2020
$122,268
$122K
—
2021
$132,222
$132K
+8.1%
2022
$154,431
$154K
+16.8%
2023
$164,698
$165K
+6.6%
2024
$170,443
$170K
+3.5%
2025
$180,266
$180K
+5.8%
2026
$189,672
$190K
+5.2%
City Comparison
Benson vs. National Median
🏠 Benson
$189,672
National Median
$410,000
At $189,672, homes in Benson cost 54% below the national median of $410,000. This makes Benson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Benson?
20% Down Payment
$37,934
on $189,672
Monthly P&I
$989/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,256/mo
incl. taxes & insurance
Income Needed
$50,240
gross annual (30% rule)
10% Down Option
$18,967
+ PMI applies
Loan Amount (20% dn)
$151,738
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 Benson, MN?
The median home value in Benson is $189,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Benson?
Over the past year, home values in Benson have increased by 5.2%. Over five years, prices have risen approximately 43.4%.
How much do I need to earn to buy a home in Benson?
To comfortably afford the median home price of $189,672 with a 20% down payment ($37,934) at today's rates (6.8%), you'd need a gross annual income of approximately $50,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Benson compare to the national average home price?
The national median home value is approximately $410,000. At $189,672, homes in Benson are 54% below the national average.