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📍 Schroeder, MN · Zillow ZHVI · July 2026

Average Home Price in
Schroeder, MN

Duluth, MN-WI metro area · Cook County County

Median Home Value
$420,635
↑ 5.2% year-over-year
vs. National Median
$410,000
Schroeder is 3% above
Est. Monthly Payment
$2,194/mo
20% down · 6.8% rate
Income Needed
$111K
gross annual (30% rule)
Median Home Value
$420,635
↑ 5.2% year-over-year
Down Payment (20%)$84,127
Monthly P&I$2,194/mo
With Taxes & Ins.~$2,786/mo
Income Needed$111,440/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Schroeder, MN

The median home value in Schroeder, MN is $420,635 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 1.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Schroeder are priced3% above average. Schroeder is part of the Duluth, MN-WI metro area.

City Comparison

Schroeder vs. National Median

🏠 Schroeder
$420,635
National Median
$410,000

At $420,635, homes in Schroeder cost 3% above the national median of $410,000. Buyers in Schroeder should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Schroeder?

20% Down Payment
$84,127
on $420,635
Monthly P&I
$2,194/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,786/mo
incl. taxes & insurance
Income Needed
$111,440
gross annual (30% rule)
10% Down Option
$42,064
+ PMI applies
Loan Amount (20% dn)
$336,508
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 Schroeder, MN?
The median home value in Schroeder is $420,635 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Schroeder?
Over the past year, home values in Schroeder have increased by 5.2%.
How much do I need to earn to buy a home in Schroeder?
To comfortably afford the median home price of $420,635 with a 20% down payment ($84,127) at today's rates (6.8%), you'd need a gross annual income of approximately $111,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Schroeder compare to the national average home price?
The national median home value is approximately $410,000. At $420,635, homes in Schroeder are 3% above the national average.
What metro area is Schroeder part of?
Schroeder is part of the Duluth, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.