Market Overview
Home Prices in Esko, MN
The median home value in Esko, MN is $403,840 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Esko are priced2% below average. Esko is part of the Duluth, MN-WI metro area.
Over the past five years, Esko home values have risen by approximately24.5%, reflecting strong long-term appreciation in this market.
Price History
Esko Home Price Trend
2020
$287,873
$288K
—
2021
$324,384
$324K
+12.7%
2022
$354,183
$354K
+9.2%
2023
$373,053
$373K
+5.3%
2024
$386,533
$387K
+3.6%
2025
$395,598
$396K
+2.3%
2026
$403,840
$404K
+2.1%
City Comparison
Esko vs. National Median
🏠 Esko
$403,840
National Median
$410,000
At $403,840, homes in Esko cost 2% below the national median of $410,000. This makes Esko a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Esko?
20% Down Payment
$80,768
on $403,840
Monthly P&I
$2,106/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,675/mo
incl. taxes & insurance
Income Needed
$107,000
gross annual (30% rule)
10% Down Option
$40,384
+ PMI applies
Loan Amount (20% dn)
$323,072
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 Esko, MN?
The median home value in Esko is $403,840 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Esko?
Over the past year, home values in Esko have increased by 2.1%. Over five years, prices have risen approximately 24.5%.
How much do I need to earn to buy a home in Esko?
To comfortably afford the median home price of $403,840 with a 20% down payment ($80,768) at today's rates (6.8%), you'd need a gross annual income of approximately $107,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Esko compare to the national average home price?
The national median home value is approximately $410,000. At $403,840, homes in Esko are 2% below the national average.
What metro area is Esko part of?
Esko is part of the Duluth, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.