Market Overview
Home Prices in Lowry, MN
The median home value in Lowry, MN is $326,237 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lowry are priced20% below average. Lowry is part of the Alexandria, MN metro area.
Over the past five years, Lowry home values have risen by approximately27.3%, reflecting strong long-term appreciation in this market.
Price History
Lowry Home Price Trend
2020
$222,683
$223K
—
2021
$256,290
$256K
+15.1%
2022
$290,791
$291K
+13.5%
2023
$291,528
$292K
+0.3%
2024
$293,851
$294K
+0.8%
2025
$308,584
$309K
+5.0%
2026
$326,237
$326K
+5.7%
City Comparison
Lowry vs. National Median
🏠 Lowry
$326,237
National Median
$410,000
At $326,237, homes in Lowry cost 20% below the national median of $410,000. This makes Lowry a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lowry?
20% Down Payment
$65,247
on $326,237
Monthly P&I
$1,701/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,160/mo
incl. taxes & insurance
Income Needed
$86,400
gross annual (30% rule)
10% Down Option
$32,624
+ PMI applies
Loan Amount (20% dn)
$260,990
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 Lowry, MN?
The median home value in Lowry is $326,237 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Lowry?
Over the past year, home values in Lowry have increased by 5.7%. Over five years, prices have risen approximately 27.3%.
How much do I need to earn to buy a home in Lowry?
To comfortably afford the median home price of $326,237 with a 20% down payment ($65,247) at today's rates (6.8%), you'd need a gross annual income of approximately $86,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Lowry compare to the national average home price?
The national median home value is approximately $410,000. At $326,237, homes in Lowry are 20% below the national average.
What metro area is Lowry part of?
Lowry is part of the Alexandria, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.