Market Overview
Home Prices in Moorhead, MN
The median home value in Moorhead, MN is $290,230 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Moorhead are priced29% below average. Moorhead is part of the Fargo, ND-MN metro area.
Over the past five years, Moorhead home values have risen by approximately21.2%, reflecting strong long-term appreciation in this market.
Price History
Moorhead Home Price Trend
City Comparison
Moorhead vs. National Median
At $290,230, homes in Moorhead cost 29% below the national median of $410,000. This makes Moorhead a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Moorhead?
20% Down Payment
$58,046
on $290,230
Monthly P&I
$1,514/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,923/mo
incl. taxes & insurance
Income Needed
$76,920
gross annual (30% rule)
10% Down Option
$29,023
+ PMI applies
Loan Amount (20% dn)
$232,184
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 Moorhead, MN?
The median home value in Moorhead is $290,230 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 Moorhead?
Over the past year, home values in Moorhead have increased by 2.1%. Over five years, prices have risen approximately 21.2%.
How much do I need to earn to buy a home in Moorhead?
To comfortably afford the median home price of $290,230 with a 20% down payment ($58,046) at today's rates (6.8%), you'd need a gross annual income of approximately $76,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Moorhead compare to the national average home price?
The national median home value is approximately $410,000. At $290,230, homes in Moorhead are 29% below the national average.
What metro area is Moorhead part of?
Moorhead is part of the Fargo, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.