Market Overview
Home Prices in Brainerd, MN
The median home value in Brainerd, MN is $321,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Brainerd are priced22% below average. Brainerd is part of the Brainerd, MN metro area.
Over the past five years, Brainerd home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Brainerd Home Price Trend
City Comparison
Brainerd vs. National Median
At $321,085, homes in Brainerd cost 22% below the national median of $410,000. This makes Brainerd a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Brainerd?
20% Down Payment
$64,217
on $321,085
Monthly P&I
$1,675/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,127/mo
incl. taxes & insurance
Income Needed
$85,080
gross annual (30% rule)
10% Down Option
$32,109
+ PMI applies
Loan Amount (20% dn)
$256,868
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 Brainerd, MN?
The median home value in Brainerd is $321,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Brainerd?
Over the past year, home values in Brainerd have increased by 3.7%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Brainerd?
To comfortably afford the median home price of $321,085 with a 20% down payment ($64,217) at today's rates (6.8%), you'd need a gross annual income of approximately $85,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Brainerd compare to the national average home price?
The national median home value is approximately $410,000. At $321,085, homes in Brainerd are 22% below the national average.
What metro area is Brainerd part of?
Brainerd is part of the Brainerd, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.