Market Overview
Home Prices in Vergas, MN
The median home value in Vergas, MN is $400,940 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Vergas are priced2% below average. Vergas is part of the Fergus Falls, MN metro area.
Over the past five years, Vergas home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Vergas Home Price Trend
City Comparison
Vergas vs. National Median
At $400,940, homes in Vergas cost 2% below the national median of $410,000. This makes Vergas a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Vergas?
20% Down Payment
$80,188
on $400,940
Monthly P&I
$2,091/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,656/mo
incl. taxes & insurance
Income Needed
$106,240
gross annual (30% rule)
10% Down Option
$40,094
+ PMI applies
Loan Amount (20% dn)
$320,752
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 Vergas, MN?
The median home value in Vergas is $400,940 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Vergas?
Over the past year, home values in Vergas have increased by 6.9%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Vergas?
To comfortably afford the median home price of $400,940 with a 20% down payment ($80,188) at today's rates (6.8%), you'd need a gross annual income of approximately $106,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Vergas compare to the national average home price?
The national median home value is approximately $410,000. At $400,940, homes in Vergas are 2% below the national average.
What metro area is Vergas part of?
Vergas is part of the Fergus Falls, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.