Market Overview
Home Prices in Warren, MN
The median home value in Warren, MN is $194,601 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and down 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Warren are priced53% below average. Warren is part of the Grand Forks, ND-MN metro area.
Over the past five years, Warren home values have risen by approximately3.3%, reflecting modest growth in this market.
Price History
Warren Home Price Trend
City Comparison
Warren vs. National Median
At $194,601, homes in Warren cost 53% below the national median of $410,000. This makes Warren a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Warren?
20% Down Payment
$38,920
on $194,601
Monthly P&I
$1,015/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,289/mo
incl. taxes & insurance
Income Needed
$51,560
gross annual (30% rule)
10% Down Option
$19,460
+ PMI applies
Loan Amount (20% dn)
$155,681
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 Warren, MN?
The median home value in Warren is $194,601 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Warren?
Over the past year, home values in Warren have increased by 4%. Over five years, prices have risen approximately 3.3%.
How much do I need to earn to buy a home in Warren?
To comfortably afford the median home price of $194,601 with a 20% down payment ($38,920) at today's rates (6.8%), you'd need a gross annual income of approximately $51,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Warren compare to the national average home price?
The national median home value is approximately $410,000. At $194,601, homes in Warren are 53% below the national average.
What metro area is Warren part of?
Warren is part of the Grand Forks, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.