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.

See the full metro analysis: Grand Rapids, MN stress score, crash risk, and 12-month forecast →

Home Value$131,693

+2.6%

AFFORDABILITY

Enter your income for Bovey.

Income (annual)

Down Payment

$26,339 on $131,693

Affordable — 15% 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$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Grand Rapids, MN analysis

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

View Grand Rapids, MN metro →

BOVEY, MN