Market Overview
Home Prices in Taylors Falls, MN
The median home value in Taylors Falls, MN is $360,510 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Taylors Falls are priced12% below average. Taylors Falls is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Taylors Falls home values have risen by approximately12.8%, reflecting steady appreciation in this market.
Price History
Taylors Falls Home Price Trend
City Comparison
Taylors Falls vs. National Median
At $360,510, homes in Taylors Falls cost 12% below the national median of $410,000. This makes Taylors Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Taylors Falls?
20% Down Payment
$72,102
on $360,510
Monthly P&I
$1,880/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,388/mo
incl. taxes & insurance
Income Needed
$95,520
gross annual (30% rule)
10% Down Option
$36,051
+ PMI applies
Loan Amount (20% dn)
$288,408
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 Taylors Falls, MN?
The median home value in Taylors Falls is $360,510 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Taylors Falls?
Over the past year, home values in Taylors Falls have increased by 2.4%. Over five years, prices have risen approximately 12.8%.
How much do I need to earn to buy a home in Taylors Falls?
To comfortably afford the median home price of $360,510 with a 20% down payment ($72,102) at today's rates (6.8%), you'd need a gross annual income of approximately $95,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Taylors Falls compare to the national average home price?
The national median home value is approximately $410,000. At $360,510, homes in Taylors Falls are 12% below the national average.
What metro area is Taylors Falls part of?
Taylors Falls is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.