House Prices

House Prices & Home Values Milaca, MN 2026


Average Data

average house price$320,425
average size per house2156 ft²
average price per ft²149 $ / ft²

05/22/2026 - The value range (VR) for house prices in Milaca, MN is $168/ sqft to $168/ sqft. An average home with 2156 sqft costs approximately $362,208 to $362,208. Milaca, MN includes 1 ZIP codes and it is located in Mille Lacs county. The lowest prices are found in ZIP 56353, while the highest are in ZIP 56353. The average price per sqare feet is $149. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Milaca

56353177 $ / ft²




Historical development of home values in Milaca

Year Estimated value (USD) Change vs. 2025
2010 $148,811 -53.6%
2011 $143,057 -55.4%
2012 $142,671 -55.5%
2013 $148,004 -53.8%
2014 $155,364 -51.5%
2015 $163,337 -49.0%
2016 $171,861 -46.4%
2017 $181,137 -43.5%
2018 $191,152 -40.3%
2019 $200,015 -37.6%
2020 $210,355 -34.4%
2021 $239,256 -25.3%
2022 $278,919 -13.0%
2023 $294,133 -8.2%
2024 $311,149 -2.9%
2025 $320,425 0.0%

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



Example: 100% financing house in Milaca

Loan amount: $320,425

Interest rate: 6.00%

Fixed monthly payment: $1,921.11

Breakdown in the 1st month:
Interest portion: $1,602.13  –  Principal portion: $318.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,118.46 $3,934.86 $316,490.14
2 $18,875.77 $4,177.55 $312,312.59
3 $18,618.11 $4,435.21 $307,877.38
4 $18,344.55 $4,708.77 $303,168.62
5 $18,054.12 $4,999.19 $298,169.42
6 $17,745.79 $5,307.53 $292,861.89
7 $17,418.43 $5,634.89 $287,227.00
8 $17,070.88 $5,982.44 $281,244.57
9 $16,701.90 $6,351.42 $274,893.15
10 $16,310.16 $6,743.16 $268,149.98
11 $15,894.25 $7,159.07 $260,990.92
12 $15,452.70 $7,600.62 $253,390.30
13 $14,983.91 $8,069.41 $245,320.89
14 $14,486.20 $8,567.11 $236,753.77
15 $13,957.80 $9,095.51 $227,658.26
16 $13,396.81 $9,656.51 $218,001.75
17 $12,801.22 $10,252.10 $207,749.66
18 $12,168.89 $10,884.43 $196,865.23
19 $11,497.56 $11,555.75 $185,309.48
20 $10,784.83 $12,268.49 $173,040.99
21 $10,028.14 $13,025.18 $160,015.81
22 $9,224.77 $13,828.54 $146,187.27
23 $8,371.86 $14,681.46 $131,505.81
24 $7,466.34 $15,586.98 $115,918.83
25 $6,504.97 $16,548.35 $99,370.48
26 $5,484.30 $17,569.02 $81,801.46
27 $4,400.68 $18,652.63 $63,148.83
28 $3,250.23 $19,803.09 $43,345.74
29 $2,028.82 $21,024.50 $22,321.24
30 $732.07 $22,321.24 $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 Milaca, MN


1500 sqft3900 sqft
Ø selling price$270,436$575,289
Ø fast selling$245,851$517,761
Ø high price sale$295,020$632,818

In 2026, houses in Milaca, MN will be offered at an average price of $149 per square foot. A 1,500 sqft home priced at $270,436 is 24.10% more expensive per square foot than a 3,900 sqft home priced at $575,289. Home prices in Milaca, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $398,278. Sellers who can wait longer may achieve a higher price of up to $486,784.


Explore Milaca, MN

Milaca is the welcoming county seat of Mille Lacs County, blending small?town charm with easy access to nature.
Set along the scenic Rum River, Milaca offers a relaxed pace and a family?friendly atmosphere.

Location & Access

Located on US Highway 169 about an hour north of Minneapolis?Saint Paul, this central Minnesota hub is convenient for commuters and weekend explorers.
Its position makes day trips to Mille Lacs Lake, nearby state forests, and regional attractions an easy part of life in Milaca, Minnesota.

Outdoor Recreation

For outdoor recreation, the Milaca trails and riverside parks invite hiking, biking, birding, snowshoeing, and Nordic skiing through all four seasons.
Anglers and paddlers love the calm Rum River stretches that wind through town and connect to broader water routes.

Downtown & Community

Walkable downtown Milaca features local shops, cafes, and services, with seasonal festivals and community events adding year?round energy.
Strong schools, active civic groups, and a proud heritage create a tight?knit community spirit that welcomes newcomers.

Living & Business

Housing ranges from historic homes to newer builds, giving buyers and renters practical real estate options at approachable price points.
A supportive climate for small businesses and access via Highway 169 help the local economy thrive while expanding the list of things to do in Milaca.



FAQ – Home Values in Milaca

What is the median home value in Milaca in 2026?

In 2026, the typical home value in Milaca is about $320,425 for an average home size of 2156 square feet. This corresponds to an average price of roughly $149 per square foot.

What is the average cost per square foot in Milaca?

In 2026, homes in Milaca sell for an average of around $149 per square foot, with a typical range between $168 and $168 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 Milaca is about 2156 square feet, with an estimated 2026 value around $320,425.



Locations close to Milaca, MN

Miltona, MN106 $ / ft²
Nelson, MN136 $ / ft²
New Munich, MN170 $ / ft²
Melrose, MN112 $ / ft²
Mc Grath, MN219 $ / ft²
Lowry, MN231 $ / ft²
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