Norman County, MN Average Home Price (2026)
The average home price in Norman County, Minnesota is about $202,000 (the 2026 median across 8 ZIP codes, at ~$136/sq ft) — 32% more affordable than the Minnesota median and 30% more affordable than the typical U.S. home.
How Norman County compares
Norman County is relatively affordable for housing nationally: its typical home costs $202,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $148,000 to $507,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Norman County | $202,000 | $136 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Norman County home prices by ZIP code
The 8 most valuable ZIP codes in Norman County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 56519 Borup | $507,000 | $267 | +151% |
| 56574 Perley | $407,000 | $214 | +101% |
| 56550 Hendrum | $350,000 | $184 | +73% |
| 56545 Gary | $226,000 | $119 | +12% |
| 56510 Ada | $178,000 | $82 | -12% |
| 56548 Halstad | $177,000 | $116 | -12% |
| 56584 Twin Valley | $166,000 | $153 | -18% |
| 56581 Shelly | $148,000 | $78 | -27% |
Home value appreciation in Norman County
Home prices in Norman County have risen about 67% over the last 10 years (≈5.2% a year) and +73.2% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at -4.4% — a recent dip. A home worth $202,000 today was worth roughly $121,176 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 Norman County
Run the numbers for Norman County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Norman County
To buy the typical $202,000 home in Norman County with 20% down, you need a household income of roughly $55,000 a year (about $1,280 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $65,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,100 | $1,590/mo | $68,000/yr |
| 10% (+PMI) | $20,200 | $1,520/mo | $65,000/yr |
| 20% | $40,400 | $1,280/mo | $55,000/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 Norman County
At about $136 per square foot, here is roughly how much home different budgets get you in Norman County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1100 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1470 sq ft | around the typical home here |
| $250k | 1840 sq ft | around the typical home here |
| $300k | 2210 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2940 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 Norman County
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Norman 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.