The median home in Pennington, Minnesota is valued at $224,941, up 2.5% year over year. Pennington is part of the Bemidji, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

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

Home Value$224,941

+2.5%

AFFORDABILITY

Enter your income for Pennington.

Income (annual)

Down Payment

$44,988 on $224,941

Affordable — 24% of income

Under the 28% guideline.

PITI$1,497

P/I24%

Afford$263K

Room+$38K

P&I $1,137Tax $210Ins $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 Pennington 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 Bemidji, MN analysis

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

View Bemidji, MN metro →

PENNINGTON, MN