Market Overview
Home Prices in Mabel, MN
The median home value in Mabel, MN is $219,010 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mabel are priced47% below average. Mabel is part of the Rochester, MN metro area.
Over the past five years, Mabel home values have risen by approximately26.1%, reflecting strong long-term appreciation in this market.
Price History
Mabel Home Price Trend
2020
$158,830
$159K
—
2021
$173,638
$174K
+9.3%
2022
$206,692
$207K
+19.0%
2023
$209,786
$210K
+1.5%
2024
$217,379
$217K
+3.6%
2025
$214,608
$215K
-1.3%
2026
$219,010
$219K
+2.1%
City Comparison
Mabel vs. National Median
🏠 Mabel
$219,010
National Median
$410,000
At $219,010, homes in Mabel cost 47% below the national median of $410,000. This makes Mabel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mabel?
20% Down Payment
$43,802
on $219,010
Monthly P&I
$1,142/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,450/mo
incl. taxes & insurance
Income Needed
$58,000
gross annual (30% rule)
10% Down Option
$21,901
+ PMI applies
Loan Amount (20% dn)
$175,208
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 Mabel, MN?
The median home value in Mabel is $219,010 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Mabel?
Over the past year, home values in Mabel have increased by 2.1%. Over five years, prices have risen approximately 26.1%.
How much do I need to earn to buy a home in Mabel?
To comfortably afford the median home price of $219,010 with a 20% down payment ($43,802) at today's rates (6.8%), you'd need a gross annual income of approximately $58,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Mabel compare to the national average home price?
The national median home value is approximately $410,000. At $219,010, homes in Mabel are 47% below the national average.
What metro area is Mabel part of?
Mabel is part of the Rochester, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.