House Prices

House Prices & Home Values Hill City, MN 2026


Average Data

average house price$272,634
average size per house2286 ft²
average price per ft²120 $ / ft²

04/05/2026 - The value range (VR) for house prices in Hill City, MN is $119/ sqft to $119/ sqft. An average home with 2286 sqft costs approximately $272,034 to $272,034. Hill City, MN includes 1 ZIP codes and it is located in Aitkin county. The lowest prices are found in ZIP 55748, while the highest are in ZIP 55748. The average price per sqare feet is $120. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Hill City

55748113 $ / ft²




Historical development of home values in Hill City

Year Estimated value (USD) Change vs. 2025
2010 $126,616 -53.6%
2011 $121,720 -55.4%
2012 $121,392 -55.5%
2013 $125,930 -53.8%
2014 $132,191 -51.5%
2015 $138,976 -49.0%
2016 $146,229 -46.4%
2017 $154,121 -43.5%
2018 $162,642 -40.3%
2019 $170,183 -37.6%
2020 $178,981 -34.4%
2021 $203,571 -25.3%
2022 $237,318 -13.0%
2023 $250,263 -8.2%
2024 $264,741 -2.9%
2025 $272,634 0.0%

Graph: estimated home values in Hill City over time (USD)



Example: 100% financing house in Hill City

Loan amount: $272,634

Interest rate: 6.00%

Fixed monthly payment: $1,634.58

Breakdown in the 1st month:
Interest portion: $1,363.17  –  Principal portion: $271.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,266.97 $3,347.98 $269,286.02
2 $16,060.47 $3,554.47 $265,731.55
3 $15,841.24 $3,773.71 $261,957.84
4 $15,608.48 $4,006.46 $257,951.38
5 $15,361.37 $4,253.57 $253,697.82
6 $15,099.02 $4,515.92 $249,181.90
7 $14,820.49 $4,794.45 $244,387.44
8 $14,524.78 $5,090.16 $239,297.28
9 $14,210.83 $5,404.11 $233,893.17
10 $13,877.52 $5,737.43 $228,155.74
11 $13,523.64 $6,091.30 $222,064.44
12 $13,147.95 $6,467.00 $215,597.44
13 $12,749.08 $6,865.87 $208,731.58
14 $12,325.60 $7,289.34 $201,442.24
15 $11,876.01 $7,738.93 $193,703.31
16 $11,398.69 $8,216.25 $185,487.06
17 $10,891.93 $8,723.01 $176,764.05
18 $10,353.92 $9,261.03 $167,503.02
19 $9,782.72 $9,832.23 $157,670.79
20 $9,176.29 $10,438.66 $147,232.14
21 $8,532.45 $11,082.49 $136,149.65
22 $7,848.91 $11,766.03 $124,383.61
23 $7,123.21 $12,491.74 $111,891.88
24 $6,352.74 $13,262.20 $98,629.68
25 $5,534.76 $14,080.18 $84,549.49
26 $4,666.32 $14,948.62 $69,600.88
27 $3,744.33 $15,870.62 $53,730.26
28 $2,765.46 $16,849.48 $36,880.78
29 $1,726.22 $17,888.72 $18,992.06
30 $622.89 $18,992.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hill City, MN


1500 sqft3900 sqft
Ø selling price$217,801$463,321
Ø fast selling$198,001$416,989
Ø high price sale$237,601$509,653

In 2026, houses in Hill City, MN will be offered at an average price of $120 per square foot. A 1,500 sqft home priced at $217,801 is 21.76% more expensive per square foot than a 3,900 sqft home priced at $463,321. Home prices in Hill City, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $320,760. Sellers who can wait longer may achieve a higher price of up to $392,041.


Discover Hill City, MN

Location and Overview

Hill City, MN is a small Northwoods community in Itasca County known for its lakes, trails, and friendly downtown. Located along U.S. Highway 169, this gateway between Grand Rapids and Aitkin offers easy access to year-round adventures.


Outdoor Recreation

Outdoor enthusiasts enjoy fishing and paddling on scenic Hill Lake and exploring nearby Quadna Mountain recreation areas. In every season, visitors find snowmobiling, ATV riding, hiking, and birding on well-marked regional trail systems.


Community and Events

The city hosts family-friendly events and supports a close-knit school community, giving Hill City, Minnesota authentic small-town charm. Local parks and lakeside gathering spots create welcoming spaces for residents and travelers alike.


Travel and Amenities

Travelers will find convenient amenities such as cozy cabins, campgrounds, and small motels, plus cafes and locally owned restaurants. Essential services, fuel, and outfitters make planning fishing trips and trail excursions straightforward.


Planning Your Visit

Whether you are searching for lodging, dining, or things to do in Hill City, MN, start with the city?s official resources and regional tourism guides. From sunrise on Hill Lake to stargazing under clear northern skies, Hill City, MN delivers a relaxing, nature-forward getaway.



FAQ – Home Values in Hill City

What is the median home value in Hill City in 2026?

In 2026, the typical home value in Hill City is about $272,634 for an average home size of 2286 square feet. This corresponds to an average price of roughly $120 per square foot.

What is the average cost per square foot in Hill City?

In 2026, homes in Hill City sell for an average of around $120 per square foot, with a typical range between $119 and $119 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hill City is about 2286 square feet, with an estimated 2026 value around $272,634.



Locations close to Hill City, MN

Holyoke, MN68 $ / ft²
Hoyt Lakes, MN65 $ / ft²
Iron, MN254 $ / ft²
Hibbing, MN72 $ / ft²
Grand Rapids, MN152 $ / ft²
Goodland, MN138 $ / ft²




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