Market Overview
Home Prices in Fort Ripley, MN
The median home value in Fort Ripley, MN is $402,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% 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 Fort Ripley are priced2% below average. Fort Ripley is part of the Brainerd, MN metro area.
Over the past five years, Fort Ripley home values have risen by approximately31.1%, reflecting strong long-term appreciation in this market.
Price History
Fort Ripley Home Price Trend
City Comparison
Fort Ripley vs. National Median
At $402,085, homes in Fort Ripley cost 2% below the national median of $410,000. This makes Fort Ripley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fort Ripley?
20% Down Payment
$80,417
on $402,085
Monthly P&I
$2,097/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,663/mo
incl. taxes & insurance
Income Needed
$106,520
gross annual (30% rule)
10% Down Option
$40,209
+ PMI applies
Loan Amount (20% dn)
$321,668
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 Fort Ripley, MN?
The median home value in Fort Ripley is $402,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Fort Ripley?
Over the past year, home values in Fort Ripley have increased by 3.8%. Over five years, prices have risen approximately 31.1%.
How much do I need to earn to buy a home in Fort Ripley?
To comfortably afford the median home price of $402,085 with a 20% down payment ($80,417) at today's rates (6.8%), you'd need a gross annual income of approximately $106,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Fort Ripley compare to the national average home price?
The national median home value is approximately $410,000. At $402,085, homes in Fort Ripley are 2% below the national average.
What metro area is Fort Ripley part of?
Fort Ripley is part of the Brainerd, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.