Market Overview
Home Prices in Emily, MN
The median home value in Emily, MN is $391,217 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Emily are priced5% below average. Emily is part of the Brainerd, MN metro area.
Over the past five years, Emily home values have risen by approximately35.1%, reflecting strong long-term appreciation in this market.
Price History
Emily Home Price Trend
2020
$237,870
$238K
—
2021
$289,644
$290K
+21.8%
2022
$341,195
$341K
+17.8%
2023
$356,702
$357K
+4.5%
2024
$373,606
$374K
+4.7%
2025
$377,391
$377K
+1.0%
2026
$391,217
$391K
+3.7%
City Comparison
Emily vs. National Median
🏠 Emily
$391,217
National Median
$410,000
At $391,217, homes in Emily cost 5% below the national median of $410,000. This makes Emily a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Emily?
20% Down Payment
$78,243
on $391,217
Monthly P&I
$2,040/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,591/mo
incl. taxes & insurance
Income Needed
$103,640
gross annual (30% rule)
10% Down Option
$39,122
+ PMI applies
Loan Amount (20% dn)
$312,974
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 Emily, MN?
The median home value in Emily is $391,217 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Emily?
Over the past year, home values in Emily have increased by 3.7%. Over five years, prices have risen approximately 35.1%.
How much do I need to earn to buy a home in Emily?
To comfortably afford the median home price of $391,217 with a 20% down payment ($78,243) at today's rates (6.8%), you'd need a gross annual income of approximately $103,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Emily compare to the national average home price?
The national median home value is approximately $410,000. At $391,217, homes in Emily are 5% below the national average.
What metro area is Emily part of?
Emily is part of the Brainerd, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.