Market Overview
Home Prices in Breckenridge, MN
The median home value in Breckenridge, MN is $200,256 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Breckenridge are priced51% below average. Breckenridge is part of the Wahpeton, ND-MN metro area.
Over the past five years, Breckenridge home values have risen by approximately20.8%, reflecting strong long-term appreciation in this market.
Price History
Breckenridge Home Price Trend
City Comparison
Breckenridge vs. National Median
At $200,256, homes in Breckenridge cost 51% below the national median of $410,000. This makes Breckenridge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Breckenridge?
20% Down Payment
$40,051
on $200,256
Monthly P&I
$1,044/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,326/mo
incl. taxes & insurance
Income Needed
$53,040
gross annual (30% rule)
10% Down Option
$20,026
+ PMI applies
Loan Amount (20% dn)
$160,205
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 Breckenridge, MN?
The median home value in Breckenridge is $200,256 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 Breckenridge?
Over the past year, home values in Breckenridge have increased by 3.7%. Over five years, prices have risen approximately 20.8%.
How much do I need to earn to buy a home in Breckenridge?
To comfortably afford the median home price of $200,256 with a 20% down payment ($40,051) at today's rates (6.8%), you'd need a gross annual income of approximately $53,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Breckenridge compare to the national average home price?
The national median home value is approximately $410,000. At $200,256, homes in Breckenridge are 51% below the national average.
What metro area is Breckenridge part of?
Breckenridge is part of the Wahpeton, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.