Market Overview
Home Prices in Hollandale, MN
The median home value in Hollandale, MN is $196,618 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.9% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hollandale are priced52% below average. Hollandale is part of the Albert Lea, MN metro area.
Over the past five years, Hollandale home values have risen by approximately29.0%, reflecting strong long-term appreciation in this market.
Price History
Hollandale Home Price Trend
City Comparison
Hollandale vs. National Median
At $196,618, homes in Hollandale cost 52% below the national median of $410,000. This makes Hollandale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hollandale?
20% Down Payment
$39,324
on $196,618
Monthly P&I
$1,025/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,302/mo
incl. taxes & insurance
Income Needed
$52,080
gross annual (30% rule)
10% Down Option
$19,662
+ PMI applies
Loan Amount (20% dn)
$157,294
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 Hollandale, MN?
The median home value in Hollandale is $196,618 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.9% year-over-year.
How much have home prices changed in Hollandale?
Over the past year, home values in Hollandale have increased by 10.9%. Over five years, prices have risen approximately 29.0%.
How much do I need to earn to buy a home in Hollandale?
To comfortably afford the median home price of $196,618 with a 20% down payment ($39,324) at today's rates (6.8%), you'd need a gross annual income of approximately $52,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Hollandale compare to the national average home price?
The national median home value is approximately $410,000. At $196,618, homes in Hollandale are 52% below the national average.
What metro area is Hollandale part of?
Hollandale is part of the Albert Lea, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.