Market Overview
Home Prices in Mora, MN
The median home value in Mora, MN is $237,172 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mora are priced42% below average.
Over the past five years, Mora home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Mora Home Price Trend
2020
$167,369
$167K
—
2021
$192,280
$192K
+14.9%
2022
$220,460
$220K
+14.7%
2023
$219,671
$220K
-0.4%
2024
$224,474
$224K
+2.2%
2025
$229,224
$229K
+2.1%
2026
$237,172
$237K
+3.5%
City Comparison
Mora vs. National Median
🏠 Mora
$237,172
National Median
$410,000
At $237,172, homes in Mora cost 42% below the national median of $410,000. This makes Mora a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mora?
20% Down Payment
$47,434
on $237,172
Monthly P&I
$1,237/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,571/mo
incl. taxes & insurance
Income Needed
$62,840
gross annual (30% rule)
10% Down Option
$23,717
+ PMI applies
Loan Amount (20% dn)
$189,738
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 Mora, MN?
The median home value in Mora is $237,172 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Mora?
Over the past year, home values in Mora have increased by 3.5%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Mora?
To comfortably afford the median home price of $237,172 with a 20% down payment ($47,434) at today's rates (6.8%), you'd need a gross annual income of approximately $62,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Mora compare to the national average home price?
The national median home value is approximately $410,000. At $237,172, homes in Mora are 42% below the national average.