Market Overview
Home Prices in Birchwood, MN
The median home value in Birchwood, MN is $508,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Birchwood are priced24% above average. Birchwood is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Birchwood home values have risen by approximately11.0%, reflecting steady appreciation in this market.
Price History
Birchwood Home Price Trend
City Comparison
Birchwood vs. National Median
At $508,579, homes in Birchwood cost 24% above the national median of $410,000. Buyers in Birchwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Birchwood?
20% Down Payment
$101,716
on $508,579
Monthly P&I
$2,652/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,368/mo
incl. taxes & insurance
Income Needed
$134,720
gross annual (30% rule)
10% Down Option
$50,858
+ PMI applies
Loan Amount (20% dn)
$406,863
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 Birchwood, MN?
The median home value in Birchwood is $508,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Birchwood?
Over the past year, home values in Birchwood have increased by 3.4%. Over five years, prices have risen approximately 11.0%.
How much do I need to earn to buy a home in Birchwood?
To comfortably afford the median home price of $508,579 with a 20% down payment ($101,716) at today's rates (6.8%), you'd need a gross annual income of approximately $134,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Birchwood compare to the national average home price?
The national median home value is approximately $410,000. At $508,579, homes in Birchwood are 24% above the national average.
What metro area is Birchwood part of?
Birchwood is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.