The median home in Bovey, Minnesota is valued at $131,693, up 2.6% year over year. Bovey is part of the Grand Rapids, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$131,693

+2.6%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$26,339 on $131,693

Example: $75,000 household income. Change it above to see your own.

Affordable15% of income

Under the 28% guideline.

PITI$939

P/I15%

Afford$245K

Room+$114K

P&I $666Tax $123Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Bovey with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Grand Rapids, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Grand Rapids, MN metro.

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Bovey, MN