Market Overview
Home Prices in Bethel, MN
The median home value in Bethel, MN is $332,931 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bethel are priced19% below average. Bethel is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Bethel home values have risen by approximately21.6%, reflecting strong long-term appreciation in this market.
Price History
Bethel Home Price Trend
City Comparison
Bethel vs. National Median
At $332,931, homes in Bethel cost 19% below the national median of $410,000. This makes Bethel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bethel?
20% Down Payment
$66,586
on $332,931
Monthly P&I
$1,736/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,205/mo
incl. taxes & insurance
Income Needed
$88,200
gross annual (30% rule)
10% Down Option
$33,293
+ PMI applies
Loan Amount (20% dn)
$266,345
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 Bethel, MN?
The median home value in Bethel is $332,931 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Bethel?
Over the past year, home values in Bethel have increased by 5.3%. Over five years, prices have risen approximately 21.6%.
How much do I need to earn to buy a home in Bethel?
To comfortably afford the median home price of $332,931 with a 20% down payment ($66,586) at today's rates (6.8%), you'd need a gross annual income of approximately $88,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Bethel compare to the national average home price?
The national median home value is approximately $410,000. At $332,931, homes in Bethel are 19% below the national average.
What metro area is Bethel part of?
Bethel is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.