Market Overview
Home Prices in Carlos, MN
The median home value in Carlos, MN is $336,152 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carlos are priced18% below average. Carlos is part of the Alexandria, MN metro area.
Over the past five years, Carlos home values have risen by approximately28.5%, reflecting strong long-term appreciation in this market.
Price History
Carlos Home Price Trend
City Comparison
Carlos vs. National Median
At $336,152, homes in Carlos cost 18% below the national median of $410,000. This makes Carlos a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carlos?
20% Down Payment
$67,230
on $336,152
Monthly P&I
$1,753/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,226/mo
incl. taxes & insurance
Income Needed
$89,040
gross annual (30% rule)
10% Down Option
$33,615
+ PMI applies
Loan Amount (20% dn)
$268,922
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 Carlos, MN?
The median home value in Carlos is $336,152 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Carlos?
Over the past year, home values in Carlos have increased by 4.5%. Over five years, prices have risen approximately 28.5%.
How much do I need to earn to buy a home in Carlos?
To comfortably afford the median home price of $336,152 with a 20% down payment ($67,230) at today's rates (6.8%), you'd need a gross annual income of approximately $89,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Carlos compare to the national average home price?
The national median home value is approximately $410,000. At $336,152, homes in Carlos are 18% below the national average.
What metro area is Carlos part of?
Carlos is part of the Alexandria, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.