House Prices

House Prices & Home Values Pease, MN 2026


Average Data

average house price$227,400
average size per house1234 ft²
average price per ft²185 $ / ft²

05/22/2026 - The value range (VR) for house prices in Pease, MN is $190/ sqft to $190/ sqft. An average home with 1234 sqft costs approximately $234,460 to $234,460. Pease, MN includes 1 ZIP codes and it is located in Mille Lacs county. The lowest prices are found in ZIP 56363, while the highest are in ZIP 56363. The average price per sqare feet is $185. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Pease

56363209 $ / ft²




Historical development of home values in Pease

Year Estimated value (USD) Change vs. 2025
2010 $105,609 -53.6%
2011 $101,525 -55.4%
2012 $101,251 -55.5%
2013 $105,036 -53.8%
2014 $110,259 -51.5%
2015 $115,918 -49.0%
2016 $121,967 -46.4%
2017 $128,550 -43.5%
2018 $135,657 -40.3%
2019 $141,947 -37.6%
2020 $149,285 -34.4%
2021 $169,796 -25.3%
2022 $197,944 -13.0%
2023 $208,741 -8.2%
2024 $220,817 -2.9%
2025 $227,400 0.0%

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



Example: 100% financing house in Pease

Loan amount: $227,400

Interest rate: 6.00%

Fixed monthly payment: $1,363.38

Breakdown in the 1st month:
Interest portion: $1,137.00  –  Principal portion: $226.38

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,568.04 $2,792.50 $224,607.50
2 $13,395.80 $2,964.73 $221,642.77
3 $13,212.94 $3,147.59 $218,495.18
4 $13,018.81 $3,341.73 $215,153.45
5 $12,812.70 $3,547.84 $211,605.61
6 $12,593.87 $3,766.66 $207,838.95
7 $12,361.55 $3,998.98 $203,839.96
8 $12,114.90 $4,245.63 $199,594.33
9 $11,853.04 $4,507.49 $195,086.84
10 $11,575.03 $4,785.50 $190,301.34
11 $11,279.87 $5,080.66 $185,220.68
12 $10,966.51 $5,394.03 $179,826.65
13 $10,633.82 $5,726.72 $174,099.93
14 $10,280.60 $6,079.93 $168,020.00
15 $9,905.61 $6,454.93 $161,565.07
16 $9,507.48 $6,853.05 $154,712.02
17 $9,084.80 $7,275.73 $147,436.29
18 $8,636.05 $7,724.49 $139,711.80
19 $8,159.62 $8,200.91 $131,510.88
20 $7,653.81 $8,706.73 $122,804.16
21 $7,116.79 $9,243.74 $113,560.41
22 $6,546.66 $9,813.88 $103,746.54
23 $5,941.36 $10,419.17 $93,327.36
24 $5,298.73 $11,061.81 $82,265.56
25 $4,616.46 $11,744.07 $70,521.49
26 $3,892.11 $12,468.42 $58,053.06
27 $3,123.09 $13,237.45 $44,815.62
28 $2,306.63 $14,053.90 $30,761.71
29 $1,439.82 $14,920.72 $15,841.00
30 $519.54 $15,841.00 $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 Pease, MN


1500 sqft3900 sqft
Ø selling price$335,775$714,285
Ø fast selling$305,250$642,857
Ø high price sale$366,301$785,714

In 2026, houses in Pease, MN will be offered at an average price of $185 per square foot. A 1,500 sqft home priced at $335,775 is 25.21% more expensive per square foot than a 3,900 sqft home priced at $714,285. Home prices in Pease, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $494,506. Sellers who can wait longer may achieve a higher price of up to $604,395.


Discover Pease, MN

Nestled in Mille Lacs County, Pease, MN is a small city known for its friendly, rural character.
Situated between Milaca and Princeton along the US Highway 169 corridor, it offers easy regional access for commuters and visitors. Its quiet streets and open fields make Pease an appealing base for exploring central Minnesota.

History and Community

Pease traces its roots to Dutch-American settlers, a heritage still reflected in local churches, family names, and community traditions. Residents celebrate a strong sense of neighborliness, with gatherings centered around school activities, faith communities, and seasonal events.
Agriculture and small businesses anchor the local economy, while larger retail and services are minutes away in nearby towns. Visitors appreciate the area?s fishing lakes, snowmobile trails, and scenic drives that highlight four-season Minnesota beauty.

Living and Logistics

Housing in Pease, Minnesota ranges from classic farmsteads to newer homes, offering value for first-time buyers and downsizers alike. Families benefit from proximity to quality schools, parks, and healthcare facilities in the surrounding communities.
Whether you are planning a peaceful move or a weekend road trip, Pease, MN delivers small-town charm with convenient access to big-town amenities.



FAQ – Home Values in Pease

What is the median home value in Pease in 2026?

In 2026, the typical home value in Pease is about $227,400 for an average home size of 1234 square feet. This corresponds to an average price of roughly $185 per square foot.

What is the average cost per square foot in Pease?

In 2026, homes in Pease sell for an average of around $185 per square foot, with a typical range between $190 and $190 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 Pease is about 1234 square feet, with an estimated 2026 value around $227,400.



Locations close to Pease, MN

Pierz, MN99 $ / ft²
Rice, MN144 $ / ft²
Richmond, MN175 $ / ft²
Paynesville, MN95 $ / ft²
Parkers Prairie, MN110 $ / ft²
Osakis, MN148 $ / ft²
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