Market Overview
Home Prices in Good Thunder, MN
The median home value in Good Thunder, MN is $333,360 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Good Thunder are priced19% below average. Good Thunder is part of the Mankato, MN metro area.
Over the past five years, Good Thunder home values have risen by approximately38.4%, reflecting strong long-term appreciation in this market.
Price History
Good Thunder Home Price Trend
City Comparison
Good Thunder vs. National Median
At $333,360, homes in Good Thunder cost 19% below the national median of $410,000. This makes Good Thunder a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Good Thunder?
20% Down Payment
$66,672
on $333,360
Monthly P&I
$1,739/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,209/mo
incl. taxes & insurance
Income Needed
$88,360
gross annual (30% rule)
10% Down Option
$33,336
+ PMI applies
Loan Amount (20% dn)
$266,688
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 Good Thunder, MN?
The median home value in Good Thunder is $333,360 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Good Thunder?
Over the past year, home values in Good Thunder have increased by 6.1%. Over five years, prices have risen approximately 38.4%.
How much do I need to earn to buy a home in Good Thunder?
To comfortably afford the median home price of $333,360 with a 20% down payment ($66,672) at today's rates (6.8%), you'd need a gross annual income of approximately $88,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Good Thunder compare to the national average home price?
The national median home value is approximately $410,000. At $333,360, homes in Good Thunder are 19% below the national average.
What metro area is Good Thunder part of?
Good Thunder is part of the Mankato, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.