Market Overview
Home Prices in Echo, MN
The median home value in Echo, MN is $190,158 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Echo are priced54% below average.
Over the past five years, Echo home values have risen by approximately21.7%, reflecting strong long-term appreciation in this market.
Price History
Echo Home Price Trend
2021
$156,228
$156K
—
2022
$172,866
$173K
+10.6%
2023
$170,094
$170K
-1.6%
2024
$178,398
$178K
+4.9%
2025
$182,237
$182K
+2.2%
2026
$190,158
$190K
+4.3%
City Comparison
Echo vs. National Median
🏠 Echo
$190,158
National Median
$410,000
At $190,158, homes in Echo cost 54% below the national median of $410,000. This makes Echo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Echo?
20% Down Payment
$38,032
on $190,158
Monthly P&I
$992/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,260/mo
incl. taxes & insurance
Income Needed
$50,400
gross annual (30% rule)
10% Down Option
$19,016
+ PMI applies
Loan Amount (20% dn)
$152,126
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 Echo, MN?
The median home value in Echo is $190,158 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Echo?
Over the past year, home values in Echo have increased by 4.3%. Over five years, prices have risen approximately 21.7%.
How much do I need to earn to buy a home in Echo?
To comfortably afford the median home price of $190,158 with a 20% down payment ($38,032) at today's rates (6.8%), you'd need a gross annual income of approximately $50,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Echo compare to the national average home price?
The national median home value is approximately $410,000. At $190,158, homes in Echo are 54% below the national average.