House Prices

House Prices & Home Values Heron Lake, MN 2026


Average Data

average house price$204,129
average size per house2524 ft²
average price per ft²81 $ / ft²

05/03/2026 - The value range (VR) for house prices in Heron Lake, MN is $78/ sqft to $78/ sqft. An average home with 2524 sqft costs approximately $196,872 to $196,872. Heron Lake, MN includes 1 ZIP codes and it is located in Jackson county. The lowest prices are found in ZIP 56137, while the highest are in ZIP 56137. The average price per sqare feet is $81. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Heron Lake

5613772 $ / ft²




Historical development of home values in Heron Lake

Year Estimated value (USD) Change vs. 2025
2010 $94,801 -53.6%
2011 $91,135 -55.4%
2012 $90,890 -55.5%
2013 $94,287 -53.8%
2014 $98,975 -51.5%
2015 $104,055 -49.0%
2016 $109,486 -46.4%
2017 $115,395 -43.5%
2018 $121,775 -40.3%
2019 $127,421 -37.6%
2020 $134,008 -34.4%
2021 $152,420 -25.3%
2022 $177,687 -13.0%
2023 $187,379 -8.2%
2024 $198,220 -2.9%
2025 $204,129 0.0%

Graph: estimated home values in Heron Lake over time (USD)



Example: 100% financing house in Heron Lake

Loan amount: $204,129

Interest rate: 6.00%

Fixed monthly payment: $1,223.86

Breakdown in the 1st month:
Interest portion: $1,020.65  –  Principal portion: $203.21

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,179.55 $2,506.73 $201,622.27
2 $12,024.94 $2,661.34 $198,960.93
3 $11,860.79 $2,825.48 $196,135.45
4 $11,686.53 $2,999.75 $193,135.70
5 $11,501.51 $3,184.77 $189,950.93
6 $11,305.08 $3,381.20 $186,569.73
7 $11,096.53 $3,589.75 $182,979.98
8 $10,875.12 $3,811.15 $179,168.83
9 $10,640.06 $4,046.22 $175,122.61
10 $10,390.50 $4,295.78 $170,826.83
11 $10,125.55 $4,560.73 $166,266.10
12 $9,844.25 $4,842.03 $161,424.07
13 $9,545.60 $5,140.67 $156,283.40
14 $9,228.54 $5,457.74 $150,825.66
15 $8,891.92 $5,794.36 $145,031.30
16 $8,534.53 $6,151.75 $138,879.55
17 $8,155.11 $6,531.17 $132,348.38
18 $7,752.28 $6,934.00 $125,414.38
19 $7,324.60 $7,361.67 $118,052.71
20 $6,870.55 $7,815.73 $110,236.98
21 $6,388.50 $8,297.78 $101,939.20
22 $5,876.71 $8,809.57 $93,129.63
23 $5,333.35 $9,352.93 $83,776.70
24 $4,756.48 $9,929.79 $73,846.91
25 $4,144.04 $10,542.24 $63,304.66
26 $3,493.81 $11,192.46 $52,112.20
27 $2,803.49 $11,882.79 $40,229.41
28 $2,070.58 $12,615.70 $27,613.71
29 $1,292.47 $13,393.80 $14,219.91
30 $466.37 $14,219.91 $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 Heron Lake, MN


1500 sqft3900 sqft
Ø selling price$147,015$312,741
Ø fast selling$133,650$281,467
Ø high price sale$160,380$344,016

In 2026, houses in Heron Lake, MN will be offered at an average price of $81 per square foot. A 1,500 sqft home priced at $147,015 is 21.16% more expensive per square foot than a 3,900 sqft home priced at $312,741. Home prices in Heron Lake, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $216,514. Sellers who can wait longer may achieve a higher price of up to $264,628.

FAQ – Home Values in Heron Lake

What is the median home value in Heron Lake in 2026?

In 2026, the typical home value in Heron Lake is about $204,129 for an average home size of 2524 square feet. This corresponds to an average price of roughly $81 per square foot.

What is the average cost per square foot in Heron Lake?

In 2026, homes in Heron Lake sell for an average of around $81 per square foot, with a typical range between $78 and $78 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 Heron Lake is about 2524 square feet, with an estimated 2026 value around $204,129.



Locations close to Heron Lake, MN

Hills, MN231 $ / ft²
Holland, MN147 $ / ft²
Ihlen, MN94 $ / ft²
Hendricks, MN140 $ / ft²
Hardwick, MN145 $ / ft²
Garvin, MN155 $ / ft²
  imprint  Privacy