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Heron Lake Real Estate Market Facts

  • $73,800Median home price
    61% lower than Minnesota
  • $606Median rent asked
    31% lower than Minnesota
  • 73.1%Home owners
    2% higher than Minnesota
  • 2.0People per home
    18% lower than Minnesota

Heron Lake Home Affordability

  • $73,800Median home price
    61% lower than Minnesota
  • $44,375Median home income
    30% lower than Minnesota
  • 1.7xHome price to income ratio
    45% lower than Minnesota

Heron Lake Affordability Calculator

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Heron Lake Mortgage Calculator

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Heron Lake Demographics

  • 708Population
  • 570People / sq mile
  • 36.6Median age
  • 0.9:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Kinbrae, MN2$0100%
Dundee, MN105$35,80081%
Wilder, MN42$52,00072%
Bingham Lake, MN113$52,50072%
Okabena, MN174$60,00068%
Heron Lake, MN708$73,80060%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bingen, WA708$163,60011%
Confluence, PA708$79,00057%
Westmoreland, NY708$157,70015%
Huntland, TN708$80,80056%
Shelby, NE708$84,00055%
Heron Lake, MN708$73,80060%
Source: The Heron Lake, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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