The median home in Luverne, Minnesota is valued at $245,799, up 5.5% year over year.
Home Value$245,799
+5.5%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Luverne.
$49,160 on $245,799
Affordable — 26% of income
Under the 28% guideline.
PITI$1,622
P/I26%
Afford$265K
Room+$19K
P&I $1,243Tax $229Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Minnesota
Compare Luverne with other housing markets across Minnesota.