Market Overview
Home Prices in Brooklyn Park, MN
The median home value in Brooklyn Park, MN is $354,606 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Brooklyn Park are priced14% below average. Brooklyn Park is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Brooklyn Park home values have risen by approximately10.5%, reflecting steady appreciation in this market.
Price History
Brooklyn Park Home Price Trend
City Comparison
Brooklyn Park vs. National Median
At $354,606, homes in Brooklyn Park cost 14% below the national median of $410,000. This makes Brooklyn Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Brooklyn Park?
20% Down Payment
$70,921
on $354,606
Monthly P&I
$1,849/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,348/mo
incl. taxes & insurance
Income Needed
$93,920
gross annual (30% rule)
10% Down Option
$35,461
+ PMI applies
Loan Amount (20% dn)
$283,685
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 Brooklyn Park, MN?
The median home value in Brooklyn Park is $354,606 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Brooklyn Park?
Over the past year, home values in Brooklyn Park have increased by 1.2%. Over five years, prices have risen approximately 10.5%.
How much do I need to earn to buy a home in Brooklyn Park?
To comfortably afford the median home price of $354,606 with a 20% down payment ($70,921) at today's rates (6.8%), you'd need a gross annual income of approximately $93,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Brooklyn Park compare to the national average home price?
The national median home value is approximately $410,000. At $354,606, homes in Brooklyn Park are 14% below the national average.
What metro area is Brooklyn Park part of?
Brooklyn Park is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.