Market Overview
Home Prices in Mazeppa, MN
The median home value in Mazeppa, MN is $392,896 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mazeppa are priced4% below average. Mazeppa is part of the Rochester, MN metro area.
Over the past five years, Mazeppa home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.
Price History
Mazeppa Home Price Trend
City Comparison
Mazeppa vs. National Median
At $392,896, homes in Mazeppa cost 4% below the national median of $410,000. This makes Mazeppa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mazeppa?
20% Down Payment
$78,579
on $392,896
Monthly P&I
$2,049/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,602/mo
incl. taxes & insurance
Income Needed
$104,080
gross annual (30% rule)
10% Down Option
$39,290
+ PMI applies
Loan Amount (20% dn)
$314,317
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 Mazeppa, MN?
The median home value in Mazeppa is $392,896 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Mazeppa?
Over the past year, home values in Mazeppa have increased by 8.4%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in Mazeppa?
To comfortably afford the median home price of $392,896 with a 20% down payment ($78,579) at today's rates (6.8%), you'd need a gross annual income of approximately $104,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Mazeppa compare to the national average home price?
The national median home value is approximately $410,000. At $392,896, homes in Mazeppa are 4% below the national average.
What metro area is Mazeppa part of?
Mazeppa is part of the Rochester, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.