Market Overview
Home Prices in New Brighton, MN
The median home value in New Brighton, MN is $391,226 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Brighton are priced5% below average. New Brighton is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, New Brighton home values have risen by approximately11.3%, reflecting steady appreciation in this market.
Price History
New Brighton Home Price Trend
City Comparison
New Brighton vs. National Median
At $391,226, homes in New Brighton cost 5% below the national median of $410,000. This makes New Brighton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Brighton?
20% Down Payment
$78,245
on $391,226
Monthly P&I
$2,040/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,591/mo
incl. taxes & insurance
Income Needed
$103,640
gross annual (30% rule)
10% Down Option
$39,123
+ PMI applies
Loan Amount (20% dn)
$312,981
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 New Brighton, MN?
The median home value in New Brighton is $391,226 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in New Brighton?
Over the past year, home values in New Brighton have increased by 2%. Over five years, prices have risen approximately 11.3%.
How much do I need to earn to buy a home in New Brighton?
To comfortably afford the median home price of $391,226 with a 20% down payment ($78,245) at today's rates (6.8%), you'd need a gross annual income of approximately $103,640. This assumes keeping total housing costs at or below 30% of gross income.
How does New Brighton compare to the national average home price?
The national median home value is approximately $410,000. At $391,226, homes in New Brighton are 5% below the national average.
What metro area is New Brighton part of?
New Brighton is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.