Market Overview
Home Prices in Onamia, MN
The median home value in Onamia, MN is $306,177 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Onamia are priced25% below average. Onamia is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Onamia home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Onamia Home Price Trend
City Comparison
Onamia vs. National Median
At $306,177, homes in Onamia cost 25% below the national median of $410,000. This makes Onamia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Onamia?
20% Down Payment
$61,235
on $306,177
Monthly P&I
$1,597/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,028/mo
incl. taxes & insurance
Income Needed
$81,120
gross annual (30% rule)
10% Down Option
$30,618
+ PMI applies
Loan Amount (20% dn)
$244,942
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 Onamia, MN?
The median home value in Onamia is $306,177 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Onamia?
Over the past year, home values in Onamia have increased by 3.8%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Onamia?
To comfortably afford the median home price of $306,177 with a 20% down payment ($61,235) at today's rates (6.8%), you'd need a gross annual income of approximately $81,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Onamia compare to the national average home price?
The national median home value is approximately $410,000. At $306,177, homes in Onamia are 25% below the national average.
What metro area is Onamia part of?
Onamia is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.