Housing in Karlstad, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$160,399
Karlstad vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Karlstad is highlighted.
Median Home Value
30th%ilemost expensive$120,300show rank
Median Rent
12th%ilemost expensive rent$650show rank
Rent Burden
11th%ilehighest rent burden12.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$120,300
Median Rent
$650
Total Housing Units
350
Vacancy Rate
22.9%
Owner Occupied
69.6%
Renter Occupied
30.4%
Median Property Tax
$1,614
per year
Monthly Cost (w/ Mortgage)
$894
Housing Types
Single Family69.1%
Multi-Family29.1%
Mobile Home1.7%
The median home value in Karlstad, MN is $120,300. According to Zillow, the home value index for Karlstad is $160,399. The median rent is $650 per month (Census ACS). About 69.6% of housing units are owner-occupied. The median year homes were built is 1966. There are 350 total housing units.