Market Overview
Home Prices in Emmons, MN
The median home value in Emmons, MN is $190,074 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Emmons are priced54% below average. Emmons is part of the Albert Lea, MN metro area.
Over the past five years, Emmons home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.
Price History
Emmons Home Price Trend
City Comparison
Emmons vs. National Median
At $190,074, homes in Emmons cost 54% below the national median of $410,000. This makes Emmons a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Emmons?
20% Down Payment
$38,015
on $190,074
Monthly P&I
$991/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,259/mo
incl. taxes & insurance
Income Needed
$50,360
gross annual (30% rule)
10% Down Option
$19,007
+ PMI applies
Loan Amount (20% dn)
$152,059
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 Emmons, MN?
The median home value in Emmons is $190,074 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Emmons?
Over the past year, home values in Emmons have increased by 6%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Emmons?
To comfortably afford the median home price of $190,074 with a 20% down payment ($38,015) at today's rates (6.8%), you'd need a gross annual income of approximately $50,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Emmons compare to the national average home price?
The national median home value is approximately $410,000. At $190,074, homes in Emmons are 54% below the national average.
What metro area is Emmons part of?
Emmons is part of the Albert Lea, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.