Market Overview
Home Prices in Le Roy, MN
The median home value in Le Roy, MN is $215,038 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Le Roy are priced48% below average. Le Roy is part of the Austin, MN metro area.
Over the past five years, Le Roy home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.
Price History
Le Roy Home Price Trend
City Comparison
Le Roy vs. National Median
At $215,038, homes in Le Roy cost 48% below the national median of $410,000. This makes Le Roy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Le Roy?
20% Down Payment
$43,008
on $215,038
Monthly P&I
$1,122/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,425/mo
incl. taxes & insurance
Income Needed
$57,000
gross annual (30% rule)
10% Down Option
$21,504
+ PMI applies
Loan Amount (20% dn)
$172,030
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 Le Roy, MN?
The median home value in Le Roy is $215,038 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Le Roy?
Over the past year, home values in Le Roy have increased by 3.9%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in Le Roy?
To comfortably afford the median home price of $215,038 with a 20% down payment ($43,008) at today's rates (6.8%), you'd need a gross annual income of approximately $57,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Le Roy compare to the national average home price?
The national median home value is approximately $410,000. At $215,038, homes in Le Roy are 48% below the national average.
What metro area is Le Roy part of?
Le Roy is part of the Austin, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.