Market Overview
Home Prices in Champlin, MN
The median home value in Champlin, MN is $379,952 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Champlin are priced7% below average. Champlin is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Champlin home values have risen by approximately13.5%, reflecting steady appreciation in this market.
Price History
Champlin Home Price Trend
City Comparison
Champlin vs. National Median
At $379,952, homes in Champlin cost 7% below the national median of $410,000. This makes Champlin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Champlin?
20% Down Payment
$75,990
on $379,952
Monthly P&I
$1,982/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,517/mo
incl. taxes & insurance
Income Needed
$100,680
gross annual (30% rule)
10% Down Option
$37,995
+ PMI applies
Loan Amount (20% dn)
$303,962
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 Champlin, MN?
The median home value in Champlin is $379,952 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Champlin?
Over the past year, home values in Champlin have increased by 2.7%. Over five years, prices have risen approximately 13.5%.
How much do I need to earn to buy a home in Champlin?
To comfortably afford the median home price of $379,952 with a 20% down payment ($75,990) at today's rates (6.8%), you'd need a gross annual income of approximately $100,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Champlin compare to the national average home price?
The national median home value is approximately $410,000. At $379,952, homes in Champlin are 7% below the national average.
What metro area is Champlin part of?
Champlin is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.