Market Overview
Home Prices in Grasston, MN
The median home value in Grasston, MN is $315,352 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grasston are priced23% below average.
Over the past five years, Grasston home values have risen by approximately27.5%, reflecting strong long-term appreciation in this market.
Price History
Grasston Home Price Trend
2020
$203,044
$203K
—
2021
$247,276
$247K
+21.8%
2022
$289,377
$289K
+17.0%
2023
$286,827
$287K
-0.9%
2024
$301,754
$302K
+5.2%
2025
$302,550
$303K
+0.3%
2026
$315,352
$315K
+4.2%
City Comparison
Grasston vs. National Median
🏠 Grasston
$315,352
National Median
$410,000
At $315,352, homes in Grasston cost 23% below the national median of $410,000. This makes Grasston a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grasston?
20% Down Payment
$63,070
on $315,352
Monthly P&I
$1,645/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,089/mo
incl. taxes & insurance
Income Needed
$83,560
gross annual (30% rule)
10% Down Option
$31,535
+ PMI applies
Loan Amount (20% dn)
$252,282
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 Grasston, MN?
The median home value in Grasston is $315,352 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Grasston?
Over the past year, home values in Grasston have increased by 4.2%. Over five years, prices have risen approximately 27.5%.
How much do I need to earn to buy a home in Grasston?
To comfortably afford the median home price of $315,352 with a 20% down payment ($63,070) at today's rates (6.8%), you'd need a gross annual income of approximately $83,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Grasston compare to the national average home price?
The national median home value is approximately $410,000. At $315,352, homes in Grasston are 23% below the national average.