Market Overview
Home Prices in Jasper, MN
The median home value in Jasper, MN is $149,488 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jasper are priced64% below average.
Over the past five years, Jasper home values have risen by approximately25.4%, reflecting strong long-term appreciation in this market.
Price History
Jasper Home Price Trend
2020
$117,864
$118K
—
2021
$119,171
$119K
+1.1%
2022
$134,207
$134K
+12.6%
2023
$136,712
$137K
+1.9%
2024
$136,182
$136K
-0.4%
2025
$136,992
$137K
+0.6%
2026
$149,488
$149K
+9.1%
City Comparison
Jasper vs. National Median
🏠 Jasper
$149,488
National Median
$410,000
At $149,488, homes in Jasper cost 64% below the national median of $410,000. This makes Jasper a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jasper?
20% Down Payment
$29,898
on $149,488
Monthly P&I
$780/mo
30-yr @ 6.8%
Total Monthly Est.
~$991/mo
incl. taxes & insurance
Income Needed
$39,640
gross annual (30% rule)
10% Down Option
$14,949
+ PMI applies
Loan Amount (20% dn)
$119,590
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 Jasper, MN?
The median home value in Jasper is $149,488 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Jasper?
Over the past year, home values in Jasper have increased by 9.1%. Over five years, prices have risen approximately 25.4%.
How much do I need to earn to buy a home in Jasper?
To comfortably afford the median home price of $149,488 with a 20% down payment ($29,898) at today's rates (6.8%), you'd need a gross annual income of approximately $39,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Jasper compare to the national average home price?
The national median home value is approximately $410,000. At $149,488, homes in Jasper are 64% below the national average.