Market Overview
Home Prices in White Bear Lake, MN
The median home value in White Bear Lake, MN is $366,383 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in White Bear Lake are priced11% below average. White Bear Lake is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, White Bear Lake home values have risen by approximately13.7%, reflecting steady appreciation in this market.
Price History
White Bear Lake Home Price Trend
City Comparison
White Bear Lake vs. National Median
At $366,383, homes in White Bear Lake cost 11% below the national median of $410,000. This makes White Bear Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in White Bear Lake?
20% Down Payment
$73,277
on $366,383
Monthly P&I
$1,911/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,427/mo
incl. taxes & insurance
Income Needed
$97,080
gross annual (30% rule)
10% Down Option
$36,638
+ PMI applies
Loan Amount (20% dn)
$293,106
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 White Bear Lake, MN?
The median home value in White Bear Lake is $366,383 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in White Bear Lake?
Over the past year, home values in White Bear Lake have increased by 3.4%. Over five years, prices have risen approximately 13.7%.
How much do I need to earn to buy a home in White Bear Lake?
To comfortably afford the median home price of $366,383 with a 20% down payment ($73,277) at today's rates (6.8%), you'd need a gross annual income of approximately $97,080. This assumes keeping total housing costs at or below 30% of gross income.
How does White Bear Lake compare to the national average home price?
The national median home value is approximately $410,000. At $366,383, homes in White Bear Lake are 11% below the national average.
What metro area is White Bear Lake part of?
White Bear Lake is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.