Goodhue County, MN Average Home Price (2026)
The average home price in Goodhue County, Minnesota is about $356,000 (the 2026 median across 10 ZIP codes, at ~$191/sq ft) — 20% more expensive than the Minnesota median and 23% more expensive than the typical U.S. home.
How Goodhue County compares
Goodhue County is about average for housing nationally: its typical home costs $356,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $283,000 to $475,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Goodhue County | $356,000 | $191 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Goodhue County home prices by ZIP code
The 10 most valuable ZIP codes in Goodhue County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 55089 Welch | $475,000 | $379 | +33% |
| 55018 Dennison | $420,000 | $131 | +18% |
| 55963 Pine Island | $381,000 | $207 | +7% |
| 55009 Cannon Falls | $374,000 | $192 | +5% |
| 55027 Zumbrota | $369,000 | $154 | +4% |
| 55026 Frontenac | $343,000 | $189 | -4% |
| 55992 Zumbrota | $331,000 | $196 | -7% |
| 55983 Wanamingo | $303,000 | $203 | -15% |
| 55946 Kenyon | $298,000 | $177 | -16% |
| 55066 Red Wing | $283,000 | $169 | -21% |
Home value appreciation in Goodhue County
Home prices in Goodhue County have risen about 78% over the last 10 years (≈6.0% a year) and +59.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +3.2% — still rising. A home worth $356,000 today was worth roughly $199,776 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 Goodhue County
Run the numbers for Goodhue County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Goodhue County
To buy the typical $356,000 home in Goodhue County with 20% down, you need a household income of roughly $97,000 a year (about $2,260 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $115,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $17,800 | $2,810/mo | $120,000/yr |
| 10% (+PMI) | $35,600 | $2,690/mo | $115,000/yr |
| 20% | $71,200 | $2,260/mo | $97,000/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 Goodhue County
At about $191 per square foot, here is roughly how much home different budgets get you in Goodhue County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 1050 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1310 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1570 sq ft | around the typical home here |
| $400k | 2090 sq ft | around the typical home here |
| $500k | 2620 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 Goodhue County
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Goodhue 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.