Market Overview
Home Prices in Long Prairie, MN
The median home value in Long Prairie, MN is $259,092 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Long Prairie are priced37% below average.
Over the past five years, Long Prairie home values have risen by approximately34.1%, reflecting strong long-term appreciation in this market.
Price History
Long Prairie Home Price Trend
2020
$166,557
$167K
—
2021
$193,155
$193K
+16.0%
2022
$225,817
$226K
+16.9%
2023
$235,746
$236K
+4.4%
2024
$240,666
$241K
+2.1%
2025
$246,739
$247K
+2.5%
2026
$259,092
$259K
+5.0%
City Comparison
Long Prairie vs. National Median
🏠 Long Prairie
$259,092
National Median
$410,000
At $259,092, homes in Long Prairie cost 37% below the national median of $410,000. This makes Long Prairie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Long Prairie?
20% Down Payment
$51,818
on $259,092
Monthly P&I
$1,351/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,716/mo
incl. taxes & insurance
Income Needed
$68,640
gross annual (30% rule)
10% Down Option
$25,909
+ PMI applies
Loan Amount (20% dn)
$207,274
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 Long Prairie, MN?
The median home value in Long Prairie is $259,092 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Long Prairie?
Over the past year, home values in Long Prairie have increased by 5%. Over five years, prices have risen approximately 34.1%.
How much do I need to earn to buy a home in Long Prairie?
To comfortably afford the median home price of $259,092 with a 20% down payment ($51,818) at today's rates (6.8%), you'd need a gross annual income of approximately $68,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Long Prairie compare to the national average home price?
The national median home value is approximately $410,000. At $259,092, homes in Long Prairie are 37% below the national average.