Market Overview
Home Prices in Dennison, MN
The median home value in Dennison, MN is $445,342 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dennison are priced9% above average. Dennison is part of the Red Wing, MN metro area.
Over the past five years, Dennison home values have risen by approximately28.1%, reflecting strong long-term appreciation in this market.
Price History
Dennison Home Price Trend
City Comparison
Dennison vs. National Median
At $445,342, homes in Dennison cost 9% above the national median of $410,000. Buyers in Dennison should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Dennison?
20% Down Payment
$89,068
on $445,342
Monthly P&I
$2,323/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,950/mo
incl. taxes & insurance
Income Needed
$118,000
gross annual (30% rule)
10% Down Option
$44,534
+ PMI applies
Loan Amount (20% dn)
$356,274
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 Dennison, MN?
The median home value in Dennison is $445,342 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Dennison?
Over the past year, home values in Dennison have increased by 2.9%. Over five years, prices have risen approximately 28.1%.
How much do I need to earn to buy a home in Dennison?
To comfortably afford the median home price of $445,342 with a 20% down payment ($89,068) at today's rates (6.8%), you'd need a gross annual income of approximately $118,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Dennison compare to the national average home price?
The national median home value is approximately $410,000. At $445,342, homes in Dennison are 9% above the national average.
What metro area is Dennison part of?
Dennison is part of the Red Wing, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.