Freeborn County, MN Average Home Price (2026)
The average home price in Freeborn County, Minnesota is about $221,000 (the 2026 median across 10 ZIP codes, at ~$133/sq ft) — 26% more affordable than the Minnesota median and 24% more affordable than the typical U.S. home.
How Freeborn County compares
Freeborn County is about average for housing nationally: its typical home costs $221,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $141,000 to $255,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Freeborn County | $221,000 | $133 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Freeborn County home prices by ZIP code
The 10 most valuable ZIP codes in Freeborn County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 56042 New Richland | $255,000 | $137 | +15% |
| 56036 Glenville | $239,000 | $139 | +8% |
| 56009 Alden | $238,000 | $129 | +8% |
| 56035 Geneva | $226,000 | $123 | +2% |
| 56016 Clarks Grove | $224,000 | $104 | +1% |
| 56043 Hayward | $218,000 | $138 | -1% |
| 56045 Hollandale | $196,000 | $130 | -11% |
| 56029 Emmons | $187,000 | $136 | -15% |
| 56007 Albert Lea | $182,000 | $137 | -18% |
| 56032 Freeborn | $141,000 | $44 | -36% |
Home value appreciation in Freeborn County
Home prices in Freeborn County have risen about 79% over the last 10 years (≈6.0% a year) and +66.9% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +4.4% — still rising. A home worth $221,000 today was worth roughly $123,464 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Minnesota is +71.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Freeborn County
Run the numbers for Freeborn County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Freeborn County
To buy the typical $221,000 home in Freeborn County with 20% down, you need a household income of roughly $60,000 a year (about $1,400 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $71,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,100 | $1,740/mo | $75,000/yr |
| 10% (+PMI) | $22,100 | $1,670/mo | $71,000/yr |
| 20% | $44,200 | $1,400/mo | $60,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Freeborn County
At about $133 per square foot, here is roughly how much home different budgets get you in Freeborn County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1130 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1500 sq ft | around the typical home here |
| $250k | 1880 sq ft | around the typical home here |
| $300k | 2260 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 3010 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Minnesota.
Estimate a specific home in Freeborn County
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Freeborn County home prices: frequently asked
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Browse all Minnesota cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.