House Prices

House Prices & Home Values Effie, MN 2026


Average Data

average house price$113,400
average size per house978 ft²
average price per ft²116 $ / ft²

05/21/2026 - The value range (VR) for house prices in Effie, MN is $116/ sqft to $116/ sqft. An average home with 978 sqft costs approximately $113,448 to $113,448. Effie, MN includes 1 ZIP codes and it is located in Itasca county. The lowest prices are found in ZIP 56639, while the highest are in ZIP 56639. The average price per sqare feet is $116. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Effie

56639109 $ / ft²




Historical development of home values in Effie

Year Estimated value (USD) Change vs. 2025
2010 $52,665 -53.6%
2011 $50,628 -55.4%
2012 $50,492 -55.5%
2013 $52,379 -53.8%
2014 $54,984 -51.5%
2015 $57,806 -49.0%
2016 $60,823 -46.4%
2017 $64,105 -43.5%
2018 $67,650 -40.3%
2019 $70,786 -37.6%
2020 $74,446 -34.4%
2021 $84,674 -25.3%
2022 $98,711 -13.0%
2023 $104,095 -8.2%
2024 $110,117 -2.9%
2025 $113,400 0.0%

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



Example: 100% financing house in Effie

Loan amount: $113,400

Interest rate: 6.00%

Fixed monthly payment: $679.89

Breakdown in the 1st month:
Interest portion: $567.00  –  Principal portion: $112.89

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,766.12 $1,392.57 $112,007.43
2 $6,680.23 $1,478.46 $110,528.98
3 $6,589.04 $1,569.64 $108,959.34
4 $6,492.23 $1,666.46 $107,292.88
5 $6,389.44 $1,769.24 $105,523.64
6 $6,280.32 $1,878.36 $103,645.28
7 $6,164.47 $1,994.22 $101,651.06
8 $6,041.47 $2,117.21 $99,533.85
9 $5,910.88 $2,247.80 $97,286.05
10 $5,772.25 $2,386.44 $94,899.61
11 $5,625.05 $2,533.63 $92,365.98
12 $5,468.79 $2,689.90 $89,676.09
13 $5,302.88 $2,855.80 $86,820.28
14 $5,126.74 $3,031.94 $83,788.34
15 $4,939.74 $3,218.95 $80,569.39
16 $4,741.20 $3,417.49 $77,151.90
17 $4,530.42 $3,628.27 $73,523.64
18 $4,306.63 $3,852.05 $69,671.58
19 $4,069.05 $4,089.64 $65,581.95
20 $3,816.81 $4,341.88 $61,240.07
21 $3,549.01 $4,609.68 $56,630.39
22 $3,264.69 $4,893.99 $51,736.40
23 $2,962.84 $5,195.84 $46,540.56
24 $2,642.37 $5,516.31 $41,024.25
25 $2,302.14 $5,856.54 $35,167.71
26 $1,940.92 $6,217.76 $28,949.94
27 $1,557.42 $6,601.26 $22,348.68
28 $1,150.27 $7,008.41 $15,340.27
29 $718.01 $7,440.67 $7,899.60
30 $259.08 $7,899.60 $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 Effie, MN


1500 sqft3900 sqft
Ø selling price$210,541$447,877
Ø fast selling$191,401$403,089
Ø high price sale$229,681$492,664

In 2026, houses in Effie, MN will be offered at an average price of $116 per square foot. A 1,500 sqft home priced at $210,541 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $447,877. Home prices in Effie, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $310,068. Sellers who can wait longer may achieve a higher price of up to $378,973.


Discover Effie, MN

Located in northern Minnesota, Effie, MN is a small city in Itasca County known for quiet forests and clear lakes. The community sits near the junction of State Highways 1 and 38, making it a convenient gateway to the Northwoods.
Travelers love Effie for its uncrowded roads, friendly businesses, and easy access to outdoor adventures.

Outdoor Recreation

Outdoor enthusiasts can explore the Chippewa National Forest and George Washington State Forest for hiking, hunting, and birding. Anglers find year-round action on nearby lakes and the Bigfork River, while winter brings snowmobiling and cross-country skiing. Scenic drives along the Edge of the Wilderness Scenic Byway reward visitors with wildlife views and classic Northwoods vistas.

Community and Events

Effie?s community spirit shines during the annual North Star Stampede rodeo, a beloved summer tradition that draws families from across northern Minnesota. In town, you?ll discover local cafes, small lodgings, and welcoming residents who share regional tips with travelers.

Travel Tips and Nearby Attractions

For a broader itinerary, pair your Effie visit with nearby destinations like Bigfork and Grand Rapids, where you?ll find museums, galleries, and additional services. Whether you?re planning a quiet cabin getaway or a weekend of fishing, camping, and stargazing, Effie, Minnesota delivers authentic Northwoods charm.



FAQ – Home Values in Effie

What is the median home value in Effie in 2026?

In 2026, the typical home value in Effie is about $113,400 for an average home size of 978 square feet. This corresponds to an average price of roughly $116 per square foot.

What is the average cost per square foot in Effie?

In 2026, homes in Effie sell for an average of around $116 per square foot, with a typical range between $116 and $116 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 Effie is about 978 square feet, with an estimated 2026 value around $113,400.



Locations close to Effie, MN

Federal Dam, MN47 $ / ft²
Gonvick, MN50 $ / ft²
Gully, MN54 $ / ft²
Talmoon, MN53 $ / ft²
Deer River, MN133 $ / ft²
Clearbrook, MN123 $ / ft²
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