City

GRAND MARAIS, MN

The median home in Grand Marais, Minnesota is valued at $395,021, up 1.0% year over year.

Home Value$395,021
+1.0%
AFFORDABILITY

Enter your income for Grand Marais.

$79,004 on $395,021
Out of reach — 40.3% of income

Need $107,829/yr to afford.

PITI$2,516
P/I40.3%
Afford$275K
Gap-$120K
P&I $1,997Tax $369Ins $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 Grand Marais with other housing markets across Minnesota.