Market Overview
Home Prices in Tamarack, MN
The median home value in Tamarack, MN is $222,449 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% 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 Tamarack are priced46% below average.
Over the past five years, Tamarack home values have risen by approximately22.9%, reflecting strong long-term appreciation in this market.
Price History
Tamarack Home Price Trend
2020
$152,796
$153K
—
2021
$181,025
$181K
+18.5%
2022
$202,610
$203K
+11.9%
2023
$206,438
$206K
+1.9%
2024
$212,499
$212K
+2.9%
2025
$216,028
$216K
+1.7%
2026
$222,449
$222K
+3.0%
City Comparison
Tamarack vs. National Median
🏠 Tamarack
$222,449
National Median
$410,000
At $222,449, homes in Tamarack cost 46% below the national median of $410,000. This makes Tamarack a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tamarack?
20% Down Payment
$44,490
on $222,449
Monthly P&I
$1,160/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,473/mo
incl. taxes & insurance
Income Needed
$58,920
gross annual (30% rule)
10% Down Option
$22,245
+ PMI applies
Loan Amount (20% dn)
$177,959
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 Tamarack, MN?
The median home value in Tamarack is $222,449 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Tamarack?
Over the past year, home values in Tamarack have increased by 3%. Over five years, prices have risen approximately 22.9%.
How much do I need to earn to buy a home in Tamarack?
To comfortably afford the median home price of $222,449 with a 20% down payment ($44,490) at today's rates (6.8%), you'd need a gross annual income of approximately $58,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Tamarack compare to the national average home price?
The national median home value is approximately $410,000. At $222,449, homes in Tamarack are 46% below the national average.