Market Overview
Home Prices in Milnor, ND
The median home value in Milnor, ND is $190,427 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milnor are priced54% below average.
Over the past five years, Milnor home values have fallen by approximately3.7%, reflecting softening conditions in this market.
Price History
Milnor Home Price Trend
2020
$195,554
$196K
—
2021
$197,667
$198K
+1.1%
2022
$215,098
$215K
+8.8%
2023
$195,574
$196K
-9.1%
2024
$191,624
$192K
-2.0%
2025
$188,747
$189K
-1.5%
2026
$190,427
$190K
+0.9%
City Comparison
Milnor vs. National Median
🏠 Milnor
$190,427
National Median
$410,000
At $190,427, homes in Milnor cost 54% below the national median of $410,000. This makes Milnor a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milnor?
20% Down Payment
$38,085
on $190,427
Monthly P&I
$993/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,261/mo
incl. taxes & insurance
Income Needed
$50,440
gross annual (30% rule)
10% Down Option
$19,043
+ PMI applies
Loan Amount (20% dn)
$152,342
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 Milnor, ND?
The median home value in Milnor is $190,427 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Milnor?
Over the past year, home values in Milnor have increased by 0.9%. Over five years, prices have fallen approximately 3.7%.
How much do I need to earn to buy a home in Milnor?
To comfortably afford the median home price of $190,427 with a 20% down payment ($38,085) at today's rates (6.8%), you'd need a gross annual income of approximately $50,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Milnor compare to the national average home price?
The national median home value is approximately $410,000. At $190,427, homes in Milnor are 54% below the national average.