Market Overview
Home Prices in Miltona, MN
The median home value in Miltona, MN is $357,671 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Miltona are priced13% below average. Miltona is part of the Alexandria, MN metro area.
Over the past five years, Miltona home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Miltona Home Price Trend
City Comparison
Miltona vs. National Median
At $357,671, homes in Miltona cost 13% below the national median of $410,000. This makes Miltona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Miltona?
20% Down Payment
$71,534
on $357,671
Monthly P&I
$1,865/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,369/mo
incl. taxes & insurance
Income Needed
$94,760
gross annual (30% rule)
10% Down Option
$35,767
+ PMI applies
Loan Amount (20% dn)
$286,137
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 Miltona, MN?
The median home value in Miltona is $357,671 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Miltona?
Over the past year, home values in Miltona have increased by 1.2%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Miltona?
To comfortably afford the median home price of $357,671 with a 20% down payment ($71,534) at today's rates (6.8%), you'd need a gross annual income of approximately $94,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Miltona compare to the national average home price?
The national median home value is approximately $410,000. At $357,671, homes in Miltona are 13% below the national average.
What metro area is Miltona part of?
Miltona is part of the Alexandria, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.