Market Overview
Home Prices in Randolph, MN
The median home value in Randolph, MN is $474,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Randolph are priced16% above average. Randolph is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Randolph home values have risen by approximately17.2%, reflecting steady appreciation in this market.
Price History
Randolph Home Price Trend
City Comparison
Randolph vs. National Median
At $474,351, homes in Randolph cost 16% above the national median of $410,000. Buyers in Randolph should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Randolph?
20% Down Payment
$94,870
on $474,351
Monthly P&I
$2,474/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,142/mo
incl. taxes & insurance
Income Needed
$125,680
gross annual (30% rule)
10% Down Option
$47,435
+ PMI applies
Loan Amount (20% dn)
$379,481
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 Randolph, MN?
The median home value in Randolph is $474,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Randolph?
Over the past year, home values in Randolph have increased by 5.4%. Over five years, prices have risen approximately 17.2%.
How much do I need to earn to buy a home in Randolph?
To comfortably afford the median home price of $474,351 with a 20% down payment ($94,870) at today's rates (6.8%), you'd need a gross annual income of approximately $125,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Randolph compare to the national average home price?
The national median home value is approximately $410,000. At $474,351, homes in Randolph are 16% above the national average.
What metro area is Randolph part of?
Randolph is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.