Market Overview
Home Prices in Willmar, MN
The median home value in Willmar, MN is $247,424 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Willmar are priced40% below average. Willmar is part of the Willmar, MN metro area.
Over the past five years, Willmar home values have risen by approximately31.1%, reflecting strong long-term appreciation in this market.
Price History
Willmar Home Price Trend
City Comparison
Willmar vs. National Median
At $247,424, homes in Willmar cost 40% below the national median of $410,000. This makes Willmar a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Willmar?
20% Down Payment
$49,485
on $247,424
Monthly P&I
$1,290/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,638/mo
incl. taxes & insurance
Income Needed
$65,520
gross annual (30% rule)
10% Down Option
$24,742
+ PMI applies
Loan Amount (20% dn)
$197,939
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 Willmar, MN?
The median home value in Willmar is $247,424 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Willmar?
Over the past year, home values in Willmar have increased by 1.5%. Over five years, prices have risen approximately 31.1%.
How much do I need to earn to buy a home in Willmar?
To comfortably afford the median home price of $247,424 with a 20% down payment ($49,485) at today's rates (6.8%), you'd need a gross annual income of approximately $65,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Willmar compare to the national average home price?
The national median home value is approximately $410,000. At $247,424, homes in Willmar are 40% below the national average.
What metro area is Willmar part of?
Willmar is part of the Willmar, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.