Market Overview
Home Prices in Plummer, MN
The median home value in Plummer, MN is $247,518 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Plummer are priced40% below average.
Over the past five years, Plummer home values have risen by approximately9.0%, reflecting steady appreciation in this market.
Price History
Plummer Home Price Trend
2020
$197,647
$198K
—
2021
$227,095
$227K
+14.9%
2022
$247,062
$247K
+8.8%
2023
$251,865
$252K
+1.9%
2024
$220,884
$221K
-12.3%
2025
$227,760
$228K
+3.1%
2026
$247,518
$248K
+8.7%
City Comparison
Plummer vs. National Median
🏠 Plummer
$247,518
National Median
$410,000
At $247,518, homes in Plummer cost 40% below the national median of $410,000. This makes Plummer a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Plummer?
20% Down Payment
$49,504
on $247,518
Monthly P&I
$1,291/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,640/mo
incl. taxes & insurance
Income Needed
$65,600
gross annual (30% rule)
10% Down Option
$24,752
+ PMI applies
Loan Amount (20% dn)
$198,014
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 Plummer, MN?
The median home value in Plummer is $247,518 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Plummer?
Over the past year, home values in Plummer have increased by 8.7%. Over five years, prices have risen approximately 9.0%.
How much do I need to earn to buy a home in Plummer?
To comfortably afford the median home price of $247,518 with a 20% down payment ($49,504) at today's rates (6.8%), you'd need a gross annual income of approximately $65,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Plummer compare to the national average home price?
The national median home value is approximately $410,000. At $247,518, homes in Plummer are 40% below the national average.