House Prices

House Prices & Home Values Erhard, MN 2026


Average Data

average house price$499,760
average size per house2342 ft²
average price per ft²214 $ / ft²

05/21/2026 - The value range (VR) for house prices in Erhard, MN is $213/ sqft to $213/ sqft. An average home with 2342 sqft costs approximately $498,846 to $498,846. Erhard, MN includes 1 ZIP codes and it is located in Otter Tail county. The lowest prices are found in ZIP 56534, while the highest are in ZIP 56534. The average price per sqare feet is $214. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Erhard

56534227 $ / ft²




Historical development of home values in Erhard

Year Estimated value (USD) Change vs. 2025
2010 $232,098 -53.6%
2011 $223,122 -55.4%
2012 $222,522 -55.5%
2013 $230,839 -53.8%
2014 $242,317 -51.5%
2015 $254,754 -49.0%
2016 $268,049 -46.4%
2017 $282,516 -43.5%
2018 $298,135 -40.3%
2019 $311,959 -37.6%
2020 $328,086 -34.4%
2021 $373,163 -25.3%
2022 $435,024 -13.0%
2023 $458,753 -8.2%
2024 $485,292 -2.9%
2025 $499,760 0.0%

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



Example: 100% financing house in Erhard

Loan amount: $499,760

Interest rate: 6.00%

Fixed monthly payment: $2,996.31

Breakdown in the 1st month:
Interest portion: $2,498.80  –  Principal portion: $497.51

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,818.65 $6,137.11 $493,622.89
2 $29,440.13 $6,515.63 $487,107.25
3 $29,038.26 $6,917.51 $480,189.75
4 $28,611.60 $7,344.16 $472,845.59
5 $28,158.63 $7,797.13 $465,048.45
6 $27,677.72 $8,278.04 $456,770.41
7 $27,167.15 $8,788.62 $447,981.79
8 $26,625.09 $9,330.68 $438,651.12
9 $26,049.59 $9,906.17 $428,744.94
10 $25,438.60 $10,517.16 $418,227.78
11 $24,789.92 $11,165.84 $407,061.94
12 $24,101.24 $11,854.52 $395,207.41
13 $23,370.08 $12,585.69 $382,621.73
14 $22,593.82 $13,361.94 $369,259.78
15 $21,769.69 $14,186.08 $355,073.71
16 $20,894.72 $15,061.05 $340,012.66
17 $19,965.79 $15,989.98 $324,022.68
18 $18,979.56 $16,976.20 $307,046.48
19 $17,932.50 $18,023.26 $289,023.22
20 $16,820.87 $19,134.89 $269,888.32
21 $15,640.67 $20,315.09 $249,573.23
22 $14,387.68 $21,568.08 $228,005.15
23 $13,057.41 $22,898.36 $205,106.79
24 $11,645.09 $24,310.68 $180,796.11
25 $10,145.66 $25,810.11 $154,986.01
26 $8,553.75 $27,402.02 $127,583.99
27 $6,863.65 $29,092.11 $98,491.88
28 $5,069.31 $30,886.45 $67,605.43
29 $3,164.30 $32,791.46 $34,813.97
30 $1,141.80 $34,813.97 $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 Erhard, MN


1500 sqft3900 sqft
Ø selling price$388,411$826,255
Ø fast selling$353,100$743,629
Ø high price sale$423,721$908,880

In 2026, houses in Erhard, MN will be offered at an average price of $214 per square foot. A 1,500 sqft home priced at $388,411 is 24.47% more expensive per square foot than a 3,900 sqft home priced at $826,255. Home prices in Erhard, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $572,022. Sellers who can wait longer may achieve a higher price of up to $699,138.

FAQ – Home Values in Erhard

What is the median home value in Erhard in 2026?

In 2026, the typical home value in Erhard is about $499,760 for an average home size of 2342 square feet. This corresponds to an average price of roughly $214 per square foot.

What is the average cost per square foot in Erhard?

In 2026, homes in Erhard sell for an average of around $214 per square foot, with a typical range between $213 and $213 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 Erhard is about 2342 square feet, with an estimated 2026 value around $499,760.



Locations close to Erhard, MN

Erskine, MN68 $ / ft²
Felton, MN118 $ / ft²
Fergus Falls, MN61 $ / ft²
Elizabeth, MN78 $ / ft²
Elbow Lake, MN74 $ / ft²
Dilworth, MN134 $ / ft²
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