Market Overview
Home Prices in Blaine, MN
The median home value in Blaine, MN is $388,347 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blaine are priced5% below average. Blaine is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Blaine home values have risen by approximately11.5%, reflecting steady appreciation in this market.
Price History
Blaine Home Price Trend
City Comparison
Blaine vs. National Median
At $388,347, homes in Blaine cost 5% below the national median of $410,000. This makes Blaine a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blaine?
20% Down Payment
$77,669
on $388,347
Monthly P&I
$2,025/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,572/mo
incl. taxes & insurance
Income Needed
$102,880
gross annual (30% rule)
10% Down Option
$38,835
+ PMI applies
Loan Amount (20% dn)
$310,678
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 Blaine, MN?
The median home value in Blaine is $388,347 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Blaine?
Over the past year, home values in Blaine have increased by 1.6%. Over five years, prices have risen approximately 11.5%.
How much do I need to earn to buy a home in Blaine?
To comfortably afford the median home price of $388,347 with a 20% down payment ($77,669) at today's rates (6.8%), you'd need a gross annual income of approximately $102,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Blaine compare to the national average home price?
The national median home value is approximately $410,000. At $388,347, homes in Blaine are 5% below the national average.
What metro area is Blaine part of?
Blaine is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.