Market Overview
Home Prices in Zumbrota, MN
The median home value in Zumbrota, MN is $338,406 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Zumbrota are priced17% below average. Zumbrota is part of the Red Wing, MN metro area.
Over the past five years, Zumbrota home values have risen by approximately24.2%, reflecting strong long-term appreciation in this market.
Price History
Zumbrota Home Price Trend
City Comparison
Zumbrota vs. National Median
At $338,406, homes in Zumbrota cost 17% below the national median of $410,000. This makes Zumbrota a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Zumbrota?
20% Down Payment
$67,681
on $338,406
Monthly P&I
$1,765/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,242/mo
incl. taxes & insurance
Income Needed
$89,680
gross annual (30% rule)
10% Down Option
$33,841
+ PMI applies
Loan Amount (20% dn)
$270,725
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 Zumbrota, MN?
The median home value in Zumbrota is $338,406 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Zumbrota?
Over the past year, home values in Zumbrota have increased by 3%. Over five years, prices have risen approximately 24.2%.
How much do I need to earn to buy a home in Zumbrota?
To comfortably afford the median home price of $338,406 with a 20% down payment ($67,681) at today's rates (6.8%), you'd need a gross annual income of approximately $89,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Zumbrota compare to the national average home price?
The national median home value is approximately $410,000. At $338,406, homes in Zumbrota are 17% below the national average.
What metro area is Zumbrota part of?
Zumbrota is part of the Red Wing, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.