Market Overview
Home Prices in Pierz, MN
The median home value in Pierz, MN is $264,966 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pierz are priced35% below average.
Over the past five years, Pierz home values have risen by approximately37.2%, reflecting strong long-term appreciation in this market.
Price History
Pierz Home Price Trend
2020
$166,955
$167K
—
2021
$193,086
$193K
+15.7%
2022
$224,624
$225K
+16.3%
2023
$230,443
$230K
+2.6%
2024
$239,300
$239K
+3.8%
2025
$250,873
$251K
+4.8%
2026
$264,966
$265K
+5.6%
City Comparison
Pierz vs. National Median
🏠 Pierz
$264,966
National Median
$410,000
At $264,966, homes in Pierz cost 35% below the national median of $410,000. This makes Pierz a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pierz?
20% Down Payment
$52,993
on $264,966
Monthly P&I
$1,382/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,755/mo
incl. taxes & insurance
Income Needed
$70,200
gross annual (30% rule)
10% Down Option
$26,497
+ PMI applies
Loan Amount (20% dn)
$211,973
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 Pierz, MN?
The median home value in Pierz is $264,966 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Pierz?
Over the past year, home values in Pierz have increased by 5.6%. Over five years, prices have risen approximately 37.2%.
How much do I need to earn to buy a home in Pierz?
To comfortably afford the median home price of $264,966 with a 20% down payment ($52,993) at today's rates (6.8%), you'd need a gross annual income of approximately $70,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Pierz compare to the national average home price?
The national median home value is approximately $410,000. At $264,966, homes in Pierz are 35% below the national average.