House Prices

House Prices & Home Values Peterson, MN 2026


Average Data

average house price$163,575
average size per house1888 ft²
average price per ft²87 $ / ft²

06/26/2026 - The value range (VR) for house prices in Peterson, MN is $125/ sqft to $125/ sqft. An average home with 1888 sqft costs approximately $236,000 to $236,000. Peterson, MN includes 1 ZIP codes and it is located in Fillmore county. The lowest prices are found in ZIP 55962, while the highest are in ZIP 55962. The average price per sqare feet is $87. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Peterson

55962118 $ / ft²




Historical development of home values in Peterson

Year Estimated value (USD) Change vs. 2025
2010 $75,967 -53.6%
2011 $73,030 -55.4%
2012 $72,833 -55.5%
2013 $75,555 -53.8%
2014 $79,312 -51.5%
2015 $83,383 -49.0%
2016 $87,734 -46.4%
2017 $92,470 -43.5%
2018 $97,582 -40.3%
2019 $102,107 -37.6%
2020 $107,385 -34.4%
2021 $122,139 -25.3%
2022 $142,386 -13.0%
2023 $150,153 -8.2%
2024 $158,840 -2.9%
2025 $163,575 0.0%

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



Example: 100% financing house in Peterson

Loan amount: $163,575

Interest rate: 6.00%

Fixed monthly payment: $980.71

Breakdown in the 1st month:
Interest portion: $817.88  –  Principal portion: $162.84

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,759.86 $2,008.72 $161,566.28
2 $9,635.96 $2,132.61 $159,433.67
3 $9,504.43 $2,264.15 $157,169.52
4 $9,364.78 $2,403.80 $154,765.72
5 $9,216.52 $2,552.06 $152,213.66
6 $9,059.11 $2,709.46 $149,504.20
7 $8,892.00 $2,876.58 $146,627.63
8 $8,714.58 $3,054.00 $143,573.63
9 $8,526.22 $3,242.36 $140,331.27
10 $8,326.23 $3,442.34 $136,888.92
11 $8,113.92 $3,654.66 $133,234.27
12 $7,888.51 $3,880.07 $129,354.20
13 $7,649.19 $4,119.38 $125,234.81
14 $7,395.12 $4,373.46 $120,861.35
15 $7,125.37 $4,643.20 $116,218.15
16 $6,838.99 $4,929.59 $111,288.56
17 $6,534.94 $5,233.63 $106,054.93
18 $6,212.14 $5,556.43 $100,498.49
19 $5,869.44 $5,899.14 $94,599.35
20 $5,505.59 $6,262.99 $88,336.37
21 $5,119.30 $6,649.27 $81,687.09
22 $4,709.19 $7,059.39 $74,627.70
23 $4,273.78 $7,494.79 $67,132.91
24 $3,811.52 $7,957.06 $59,175.85
25 $3,320.75 $8,447.83 $50,728.02
26 $2,799.70 $8,968.87 $41,759.15
27 $2,246.52 $9,522.06 $32,237.09
28 $1,659.22 $10,109.35 $22,127.74
29 $1,035.70 $10,732.88 $11,394.86
30 $373.72 $11,394.86 $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 Peterson, MN


1500 sqft3900 sqft
Ø selling price$157,905$335,907
Ø fast selling$143,550$302,317
Ø high price sale$172,260$369,498

In 2026, houses in Peterson, MN will be offered at an average price of $87 per square foot. A 1,500 sqft home priced at $157,905 is 21.67% more expensive per square foot than a 3,900 sqft home priced at $335,907. Home prices in Peterson, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $232,552. Sellers who can wait longer may achieve a higher price of up to $284,230.


Explore Peterson, MN

Overview

Nestled in Minnesota?s Driftless Area, Peterson, MN is a small town known for scenic valleys and friendly hospitality.

Located in Fillmore County, the community sits along the Root River State Trail, making it a favorite stop for cyclists and walkers.


Outdoor Recreation

Visitors enjoy biking, paddling, and birding while taking in the limestone bluffs that define Southeast Minnesota?s Bluff Country.

Outdoor enthusiasts can launch canoes and kayaks on the Root River, or cast for trout in clear, cold-water streams nearby.

Winter visitors find peaceful snowshoeing and cross-country skiing on groomed segments of the trail and surrounding parks.


Downtown and Culture

Downtown Peterson features a historic main street, local cafes, and a small museum that celebrates Norwegian heritage and railroad history.

Seasonal events and farmers markets showcase regional produce, craft goods, and live music that bring the community together.


Stays and Seasons

Family-friendly lodging options include cozy bed-and-breakfasts, riverside cabins, and campgrounds perfect for weekend getaways.

In autumn, leaf-peepers flock to Peterson, Minnesota for vibrant colors, scenic overlooks, and quiet country roads ideal for photography.

Whether you?re planning a day trip or a longer stay, Peterson, MN offers small-town charm, outdoor adventure, and authentic Midwest warmth.



FAQ – Home Values in Peterson

What is the median home value in Peterson in 2026?

In 2026, the typical home value in Peterson is about $163,575 for an average home size of 1888 square feet. This corresponds to an average price of roughly $87 per square foot.

What is the average cost per square foot in Peterson?

In 2026, homes in Peterson sell for an average of around $87 per square foot, with a typical range between $125 and $125 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 Peterson is about 1888 square feet, with an estimated 2026 value around $163,575.



Locations close to Peterson, MN

Pine Island, MN148 $ / ft²
Plainview, MN167 $ / ft²
Preston, MN108 $ / ft²
Ostrander, MN69 $ / ft²
Oronoco, MN143 $ / ft²
Minnesota City, MN139 $ / ft²




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