Market Overview
Home Prices in Grove City, MN
The median home value in Grove City, MN is $257,530 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.5% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grove City are priced37% below average.
Over the past five years, Grove City home values have risen by approximately19.2%, reflecting steady appreciation in this market.
Price History
Grove City Home Price Trend
2020
$178,812
$179K
—
2021
$215,988
$216K
+20.8%
2022
$238,621
$239K
+10.5%
2023
$239,961
$240K
+0.6%
2024
$238,432
$238K
-0.6%
2025
$239,522
$240K
+0.5%
2026
$257,530
$258K
+7.5%
City Comparison
Grove City vs. National Median
🏠 Grove City
$257,530
National Median
$410,000
At $257,530, homes in Grove City cost 37% below the national median of $410,000. This makes Grove City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grove City?
20% Down Payment
$51,506
on $257,530
Monthly P&I
$1,343/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,706/mo
incl. taxes & insurance
Income Needed
$68,240
gross annual (30% rule)
10% Down Option
$25,753
+ PMI applies
Loan Amount (20% dn)
$206,024
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 Grove City, MN?
The median home value in Grove City is $257,530 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.5% year-over-year.
How much have home prices changed in Grove City?
Over the past year, home values in Grove City have increased by 7.5%. Over five years, prices have risen approximately 19.2%.
How much do I need to earn to buy a home in Grove City?
To comfortably afford the median home price of $257,530 with a 20% down payment ($51,506) at today's rates (6.8%), you'd need a gross annual income of approximately $68,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Grove City compare to the national average home price?
The national median home value is approximately $410,000. At $257,530, homes in Grove City are 37% below the national average.