The median home in Heron Lake, Minnesota is valued at $112,741, up 3.8% year over year.

Home Value$112,741

+3.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$22,548 on $112,741

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

Affordable13.2% of income

Under the 28% guideline.

PITI$825

P/I13.2%

Afford$239K

Room+$126K

P&I $570Tax $105Ins $150

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

Other cities in Minnesota

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Heron Lake, MN