Market Overview
Home Prices in East Grand Forks, MN
The median home value in East Grand Forks, MN is $299,585 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in East Grand Forks are priced27% below average. East Grand Forks is part of the Grand Forks, ND-MN metro area.
Over the past five years, East Grand Forks home values have risen by approximately23.9%, reflecting strong long-term appreciation in this market.
Price History
East Grand Forks Home Price Trend
City Comparison
East Grand Forks vs. National Median
At $299,585, homes in East Grand Forks cost 27% below the national median of $410,000. This makes East Grand Forks a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in East Grand Forks?
20% Down Payment
$59,917
on $299,585
Monthly P&I
$1,562/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,984/mo
incl. taxes & insurance
Income Needed
$79,360
gross annual (30% rule)
10% Down Option
$29,959
+ PMI applies
Loan Amount (20% dn)
$239,668
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 East Grand Forks, MN?
The median home value in East Grand Forks is $299,585 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in East Grand Forks?
Over the past year, home values in East Grand Forks have increased by 6.3%. Over five years, prices have risen approximately 23.9%.
How much do I need to earn to buy a home in East Grand Forks?
To comfortably afford the median home price of $299,585 with a 20% down payment ($59,917) at today's rates (6.8%), you'd need a gross annual income of approximately $79,360. This assumes keeping total housing costs at or below 30% of gross income.
How does East Grand Forks compare to the national average home price?
The national median home value is approximately $410,000. At $299,585, homes in East Grand Forks are 27% below the national average.
What metro area is East Grand Forks part of?
East Grand Forks is part of the Grand Forks, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.