Market Overview
Home Prices in Waubun, MN
The median home value in Waubun, MN is $289,391 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Waubun are priced29% below average.
Over the past five years, Waubun home values have risen by approximately29.0%, reflecting strong long-term appreciation in this market.
Price History
Waubun Home Price Trend
2020
$188,334
$188K
—
2021
$224,315
$224K
+19.1%
2022
$256,038
$256K
+14.1%
2023
$268,311
$268K
+4.8%
2024
$273,432
$273K
+1.9%
2025
$274,594
$275K
+0.4%
2026
$289,391
$289K
+5.4%
City Comparison
Waubun vs. National Median
🏠 Waubun
$289,391
National Median
$410,000
At $289,391, homes in Waubun cost 29% below the national median of $410,000. This makes Waubun a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Waubun?
20% Down Payment
$57,878
on $289,391
Monthly P&I
$1,509/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,916/mo
incl. taxes & insurance
Income Needed
$76,640
gross annual (30% rule)
10% Down Option
$28,939
+ PMI applies
Loan Amount (20% dn)
$231,513
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 Waubun, MN?
The median home value in Waubun is $289,391 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Waubun?
Over the past year, home values in Waubun have increased by 5.4%. Over five years, prices have risen approximately 29.0%.
How much do I need to earn to buy a home in Waubun?
To comfortably afford the median home price of $289,391 with a 20% down payment ($57,878) at today's rates (6.8%), you'd need a gross annual income of approximately $76,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Waubun compare to the national average home price?
The national median home value is approximately $410,000. At $289,391, homes in Waubun are 29% below the national average.