Market Overview
Home Prices in Nisswa, MN
The median home value in Nisswa, MN is $589,624 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nisswa are priced44% above average. Nisswa is part of the Brainerd, MN metro area.
Over the past five years, Nisswa home values have risen by approximately33.2%, reflecting strong long-term appreciation in this market.
Price History
Nisswa Home Price Trend
City Comparison
Nisswa vs. National Median
At $589,624, homes in Nisswa cost 44% above the national median of $410,000. Buyers in Nisswa should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Nisswa?
20% Down Payment
$117,925
on $589,624
Monthly P&I
$3,075/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,905/mo
incl. taxes & insurance
Income Needed
$156,200
gross annual (30% rule)
10% Down Option
$58,962
+ PMI applies
Loan Amount (20% dn)
$471,699
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 Nisswa, MN?
The median home value in Nisswa is $589,624 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Nisswa?
Over the past year, home values in Nisswa have increased by 5%. Over five years, prices have risen approximately 33.2%.
How much do I need to earn to buy a home in Nisswa?
To comfortably afford the median home price of $589,624 with a 20% down payment ($117,925) at today's rates (6.8%), you'd need a gross annual income of approximately $156,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Nisswa compare to the national average home price?
The national median home value is approximately $410,000. At $589,624, homes in Nisswa are 44% above the national average.
What metro area is Nisswa part of?
Nisswa is part of the Brainerd, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.