Market Overview
Home Prices in Maple Lake, MN
The median home value in Maple Lake, MN is $383,539 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Maple Lake are priced6% below average. Maple Lake is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Maple Lake home values have risen by approximately23.7%, reflecting strong long-term appreciation in this market.
Price History
Maple Lake Home Price Trend
City Comparison
Maple Lake vs. National Median
At $383,539, homes in Maple Lake cost 6% below the national median of $410,000. This makes Maple Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Maple Lake?
20% Down Payment
$76,708
on $383,539
Monthly P&I
$2,000/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,540/mo
incl. taxes & insurance
Income Needed
$101,600
gross annual (30% rule)
10% Down Option
$38,354
+ PMI applies
Loan Amount (20% dn)
$306,831
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 Maple Lake, MN?
The median home value in Maple Lake is $383,539 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Maple Lake?
Over the past year, home values in Maple Lake have increased by 5.2%. Over five years, prices have risen approximately 23.7%.
How much do I need to earn to buy a home in Maple Lake?
To comfortably afford the median home price of $383,539 with a 20% down payment ($76,708) at today's rates (6.8%), you'd need a gross annual income of approximately $101,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Maple Lake compare to the national average home price?
The national median home value is approximately $410,000. At $383,539, homes in Maple Lake are 6% below the national average.
What metro area is Maple Lake part of?
Maple Lake is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.