Market Overview
Home Prices in Chisholm, MN
The median home value in Chisholm, MN is $138,589 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chisholm are priced66% below average. Chisholm is part of the Duluth, MN-WI metro area.
Over the past five years, Chisholm home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Chisholm Home Price Trend
City Comparison
Chisholm vs. National Median
At $138,589, homes in Chisholm cost 66% below the national median of $410,000. This makes Chisholm a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chisholm?
20% Down Payment
$27,718
on $138,589
Monthly P&I
$723/mo
30-yr @ 6.8%
Total Monthly Est.
~$918/mo
incl. taxes & insurance
Income Needed
$36,720
gross annual (30% rule)
10% Down Option
$13,859
+ PMI applies
Loan Amount (20% dn)
$110,871
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 Chisholm, MN?
The median home value in Chisholm is $138,589 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8% year-over-year.
How much have home prices changed in Chisholm?
Over the past year, home values in Chisholm have increased by 8%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Chisholm?
To comfortably afford the median home price of $138,589 with a 20% down payment ($27,718) at today's rates (6.8%), you'd need a gross annual income of approximately $36,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Chisholm compare to the national average home price?
The national median home value is approximately $410,000. At $138,589, homes in Chisholm are 66% below the national average.
What metro area is Chisholm part of?
Chisholm is part of the Duluth, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.