Market Overview
Home Prices in Glenville, MN
The median home value in Glenville, MN is $255,818 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.2% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Glenville are priced38% below average. Glenville is part of the Albert Lea, MN metro area.
Over the past five years, Glenville home values have risen by approximately40.0%, reflecting strong long-term appreciation in this market.
Price History
Glenville Home Price Trend
City Comparison
Glenville vs. National Median
At $255,818, homes in Glenville cost 38% below the national median of $410,000. This makes Glenville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Glenville?
20% Down Payment
$51,164
on $255,818
Monthly P&I
$1,334/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,694/mo
incl. taxes & insurance
Income Needed
$67,760
gross annual (30% rule)
10% Down Option
$25,582
+ PMI applies
Loan Amount (20% dn)
$204,654
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 Glenville, MN?
The median home value in Glenville is $255,818 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.2% year-over-year.
How much have home prices changed in Glenville?
Over the past year, home values in Glenville have increased by 10.2%. Over five years, prices have risen approximately 40.0%.
How much do I need to earn to buy a home in Glenville?
To comfortably afford the median home price of $255,818 with a 20% down payment ($51,164) at today's rates (6.8%), you'd need a gross annual income of approximately $67,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Glenville compare to the national average home price?
The national median home value is approximately $410,000. At $255,818, homes in Glenville are 38% below the national average.
What metro area is Glenville part of?
Glenville is part of the Albert Lea, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.