House Prices & Home Values Milroy, MN 2026
Average Data
| average house price | $287,450 |
| average size per house | 3271 ft² |
| average price per ft² | 88 $ / ft² |
04/15/2026 -
The value range (VR) for house prices in Milroy, MN is $88/ sqft to $88/ sqft. An average home with 3271 sqft costs approximately $287,848 to $287,848. Milroy, MN includes 1 ZIP codes and it is located in Redwood county.
The lowest prices are found in ZIP 56263, while the highest are in ZIP 56263. The average price per sqare feet is $88. Our analysis is based on 2 property listings.
Avergage prices by ZIP codes Milroy
Historical development of home values in Milroy
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$133,497 |
-53.6% |
| 2011 |
$128,335 |
-55.4% |
| 2012 |
$127,989 |
-55.5% |
| 2013 |
$132,773 |
-53.8% |
| 2014 |
$139,375 |
-51.5% |
| 2015 |
$146,528 |
-49.0% |
| 2016 |
$154,175 |
-46.4% |
| 2017 |
$162,497 |
-43.5% |
| 2018 |
$171,480 |
-40.3% |
| 2019 |
$179,432 |
-37.6% |
| 2020 |
$188,707 |
-34.4% |
| 2021 |
$214,634 |
-25.3% |
| 2022 |
$250,215 |
-13.0% |
| 2023 |
$263,864 |
-8.2% |
| 2024 |
$279,129 |
-2.9% |
| 2025 |
$287,450 |
0.0% |
Graph: estimated home values in Milroy over time (USD)
Example: 100% financing house in Milroy
Loan amount:
$287,450
Interest rate:
6.00%
Fixed monthly payment:
$1,723.41
Breakdown in the 1st month:
Interest portion:
$1,437.25 –
Principal portion:
$286.16
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$17,150.98 |
$3,529.92 |
$283,920.08 |
| 2 |
$16,933.26 |
$3,747.64 |
$280,172.44 |
| 3 |
$16,702.11 |
$3,978.78 |
$276,193.66 |
| 4 |
$16,456.71 |
$4,224.19 |
$271,969.47 |
| 5 |
$16,196.17 |
$4,484.72 |
$267,484.75 |
| 6 |
$15,919.56 |
$4,761.33 |
$262,723.42 |
| 7 |
$15,625.89 |
$5,055.00 |
$257,668.41 |
| 8 |
$15,314.11 |
$5,366.78 |
$252,301.63 |
| 9 |
$14,983.10 |
$5,697.79 |
$246,603.84 |
| 10 |
$14,631.67 |
$6,049.22 |
$240,554.62 |
| 11 |
$14,258.57 |
$6,422.32 |
$234,132.29 |
| 12 |
$13,862.46 |
$6,818.44 |
$227,313.85 |
| 13 |
$13,441.91 |
$7,238.99 |
$220,074.87 |
| 14 |
$12,995.43 |
$7,685.47 |
$212,389.40 |
| 15 |
$12,521.40 |
$8,159.49 |
$204,229.90 |
| 16 |
$12,018.14 |
$8,662.75 |
$195,567.15 |
| 17 |
$11,483.84 |
$9,197.05 |
$186,370.10 |
| 18 |
$10,916.59 |
$9,764.31 |
$176,605.79 |
| 19 |
$10,314.35 |
$10,366.55 |
$166,239.24 |
| 20 |
$9,674.96 |
$11,005.93 |
$155,233.31 |
| 21 |
$8,996.14 |
$11,684.76 |
$143,548.55 |
| 22 |
$8,275.45 |
$12,405.45 |
$131,143.11 |
| 23 |
$7,510.31 |
$13,170.59 |
$117,972.52 |
| 24 |
$6,697.98 |
$13,982.92 |
$103,989.60 |
| 25 |
$5,835.54 |
$14,845.36 |
$89,144.24 |
| 26 |
$4,919.91 |
$15,760.98 |
$73,383.26 |
| 27 |
$3,947.81 |
$16,733.09 |
$56,650.17 |
| 28 |
$2,915.75 |
$17,765.15 |
$38,885.02 |
| 29 |
$1,820.03 |
$18,860.86 |
$20,024.16 |
| 30 |
$656.74 |
$20,024.16 |
$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 Milroy, MN
| 1500 sqft | 3900 sqft |
| Ø selling price | $159,720 | $339,768 | | Ø fast selling | $145,200 | $305,792 | | Ø high price sale | $174,240 | $373,745 |
In 2026, houses in Milroy, MN will be offered at an average price of $88 per square foot. A 1,500 sqft home priced at $159,720 is 23.37% more expensive per square foot than a 3,900 sqft home priced at $339,768.
Home prices in Milroy, MN vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $235,225.
Sellers who can wait longer may achieve a higher price of up to $287,497.
Discover Milroy, MN
Milroy, MN is a welcoming small city in Redwood County nestled in the prairie of southwest Minnesota.
Known for its strong agricultural roots and friendly neighborhoods, Milroy offers a peaceful, rural lifestyle with easy access to regional services. Travelers and homebuyers searching for ?Milroy Minnesota? appreciate its safe streets, affordable living, and wide-open skies.
Things to Do and Local Life
Popular things to do in Milroy, MN include visiting local parks, enjoying youth sports at community fields, and exploring nearby prairie lakes and wildlife areas.
The town hosts seasonal gatherings, church dinners, and small festivals that highlight hometown pride and connect residents and visitors. Dining, hardware, and farm-support businesses anchor Main Street, while larger shopping and entertainment options are a short drive away.
Economy, Location, and Travel Tips
Located on Minnesota State Highway 68, Milroy sits between Marshall to the west and Redwood Falls to the east, making commuting and errands simple.
The local economy centers on corn and soybean production, grain handling, and ag services, with opportunities in trucking, trades, and small enterprises. Families appreciate nearby schools, well-kept parks, and low traffic, and outdoor enthusiasts enjoy four-season weather ideal for biking, hunting, and snow sports. Whether you are planning a visit, considering a move, or researching the area, Milroy, MN delivers small-town charm, community spirit, and room to grow.
FAQ – Home Values in Milroy
What is the median home value in Milroy in 2026?
In 2026, the typical home value in
Milroy is about
$287,450 for an average home size of
3271 square feet. This corresponds to an average
price of roughly $88 per square foot.
What is the average cost per square foot in Milroy?
In 2026, homes in
Milroy sell for an average of around
$88 per square foot, with a typical range
between $88 and
$88 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 Milroy is about
3271 square feet, with an estimated
2026 value around
$287,450.
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