Market Overview
Home Prices in Warba, MN
The median home value in Warba, MN is $224,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Warba are priced45% below average. Warba is part of the Grand Rapids, MN metro area.
Over the past five years, Warba home values have risen by approximately25.2%, reflecting strong long-term appreciation in this market.
Price History
Warba Home Price Trend
City Comparison
Warba vs. National Median
At $224,695, homes in Warba cost 45% below the national median of $410,000. This makes Warba a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Warba?
20% Down Payment
$44,939
on $224,695
Monthly P&I
$1,172/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,488/mo
incl. taxes & insurance
Income Needed
$59,520
gross annual (30% rule)
10% Down Option
$22,470
+ PMI applies
Loan Amount (20% dn)
$179,756
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 Warba, MN?
The median home value in Warba is $224,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Warba?
Over the past year, home values in Warba have decreased by 1%. Over five years, prices have risen approximately 25.2%.
How much do I need to earn to buy a home in Warba?
To comfortably afford the median home price of $224,695 with a 20% down payment ($44,939) at today's rates (6.8%), you'd need a gross annual income of approximately $59,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Warba compare to the national average home price?
The national median home value is approximately $410,000. At $224,695, homes in Warba are 45% below the national average.
What metro area is Warba part of?
Warba is part of the Grand Rapids, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.