House Prices

House Prices & Home Values Montevideo, MN 2026


Average Data

average house price$213,134
average size per house2429 ft²
average price per ft²88 $ / ft²

04/15/2026 - The value range (VR) for house prices in Montevideo, MN is $88/ sqft to $88/ sqft. An average home with 2429 sqft costs approximately $213,752 to $213,752. Montevideo, MN includes 1 ZIP codes and it is located in Chippewa county. The lowest prices are found in ZIP 56265, while the highest are in ZIP 56265. The average price per sqare feet is $88. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Montevideo

5626590 $ / ft²




Historical development of home values in Montevideo

Year Estimated value (USD) Change vs. 2025
2010 $98,983 -53.6%
2011 $95,156 -55.4%
2012 $94,899 -55.5%
2013 $98,446 -53.8%
2014 $103,342 -51.5%
2015 $108,646 -49.0%
2016 $114,315 -46.4%
2017 $120,485 -43.5%
2018 $127,147 -40.3%
2019 $133,042 -37.6%
2020 $139,920 -34.4%
2021 $159,144 -25.3%
2022 $185,526 -13.0%
2023 $195,646 -8.2%
2024 $206,964 -2.9%
2025 $213,134 0.0%

Graph: estimated home values in Montevideo over time (USD)



Example: 100% financing house in Montevideo

Loan amount: $213,134

Interest rate: 6.00%

Fixed monthly payment: $1,277.85

Breakdown in the 1st month:
Interest portion: $1,065.67  –  Principal portion: $212.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,716.84 $2,617.31 $210,516.69
2 $12,555.41 $2,778.74 $207,737.95
3 $12,384.03 $2,950.13 $204,787.82
4 $12,202.07 $3,132.08 $201,655.74
5 $12,008.89 $3,325.26 $198,330.47
6 $11,803.79 $3,530.36 $194,800.11
7 $11,586.05 $3,748.10 $191,052.01
8 $11,354.87 $3,979.28 $187,072.73
9 $11,109.44 $4,224.71 $182,848.02
10 $10,848.87 $4,485.28 $178,362.73
11 $10,572.23 $4,761.93 $173,600.81
12 $10,278.52 $5,055.63 $168,545.18
13 $9,966.70 $5,367.45 $163,177.72
14 $9,635.65 $5,698.50 $157,479.22
15 $9,284.18 $6,049.98 $151,429.24
16 $8,911.03 $6,423.12 $145,006.12
17 $8,514.86 $6,819.29 $138,186.83
18 $8,094.26 $7,239.89 $130,946.94
19 $7,647.72 $7,686.43 $123,260.51
20 $7,173.64 $8,160.51 $115,100.00
21 $6,670.32 $8,663.83 $106,436.17
22 $6,135.95 $9,198.20 $97,237.97
23 $5,568.63 $9,765.52 $87,472.45
24 $4,966.31 $10,367.84 $77,104.61
25 $4,326.85 $11,007.31 $66,097.30
26 $3,647.94 $11,686.21 $54,411.09
27 $2,927.16 $12,406.99 $42,004.10
28 $2,161.92 $13,172.23 $28,831.87
29 $1,349.49 $13,984.66 $14,847.21
30 $486.95 $14,847.21 $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 Montevideo, MN


1500 sqft3900 sqft
Ø selling price$159,720$339,768
Ø fast selling$145,200$305,792
Ø high price sale$174,240$373,745

In 2026, houses in Montevideo, MN will be offered at an average price of $88 per square foot. A 1,500 sqft home priced at $159,720 is 23.28% more expensive per square foot than a 3,900 sqft home priced at $339,768. Home prices in Montevideo, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $235,225. Sellers who can wait longer may achieve a higher price of up to $287,497.


Montevideo, MN Travel and City Guide

Overview

Montevideo, MN is the welcoming county seat of Chippewa County at the confluence of the Minnesota River and Chippewa River.

This small prairie city offers a friendly pace, historic charm, and convenient access to western Minnesota attractions.

Travelers along U.S. Highway 212 find Montevideo, MN a perfect base for exploring the Upper Minnesota River Valley.

History and Culture

History comes alive at Historic Chippewa City, an open?air village of pioneer?era buildings curated by the Chippewa County Historical Society.

Nearby, the Camp Release State Monument overlooks the valley and commemorates pivotal events of the U.S?Dakota War of 1862.

The city?s vibrant Fiesta Days festival and sister?city ties to Montevideo, Uruguay showcase a unique blend of local and international heritage.

Outdoor Recreation

Outdoor lovers can kayak, fish, and birdwatch along the rivers or at Lac qui Parle State Park and surrounding wildlife areas.
Scenic overlooks and boat accesses make it easy to enjoy the water and prairie landscapes.

Living and Travel

A diversified economy in agriculture, healthcare, education, and small manufacturing supports a resilient business community and attractive Montevideo MN real estate options.

With welcoming hotels, local dining, and walkable neighborhoods, Montevideo, Minnesota offers a comfortable stay and a memorable small?town experience.



FAQ – Home Values in Montevideo

What is the median home value in Montevideo in 2026?

In 2026, the typical home value in Montevideo is about $213,134 for an average home size of 2429 square feet. This corresponds to an average price of roughly $88 per square foot.

What is the average cost per square foot in Montevideo?

In 2026, homes in Montevideo sell for an average of around $88 per square foot, with a typical range between $88 and $88 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 Montevideo is about 2429 square feet, with an estimated 2026 value around $213,134.



Locations close to Montevideo, MN

Morgan, MN40 $ / ft²
Morris, MN94 $ / ft²
Morton, MN94 $ / ft²
Minneota, MN112 $ / ft²
Milroy, MN90 $ / ft²
Milan, MN65 $ / ft²




  imprint  Privacy