Housing in North Branch, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$371,950

Median List Price

$332,450

Price Per Sq Ft

$175

Days on Market

97

Active Inventory

48

Months of Supply

4.8

Balanced market

Zillow Home Value

$341,248

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 14.4%List Price 5.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

26.3%

Sale-to-List Ratio

98.4%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
26.3%
Listings with Price Drops
10.4%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

16

Pending Sales

19

Homes Sold 47.4%New Listings 57.9%Pending 5.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$175

Median List $/SF

$189

Sale $/SF 21.5%List $/SF 20.9%Mar 24Jan 26

North Branch vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. North Branch is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$290,600

Median Rent

$1,178

Total Housing Units

4,447

Vacancy Rate

2.0%

Owner Occupied

81.2%

Renter Occupied

18.8%

Median Property Tax

$3,442

per year

Monthly Cost (w/ Mortgage)

$1,618

Housing Types

Single Family
86.3%
Multi-Family
11.8%
Mobile Home
1.9%

The current median sale price in North Branch, MN is $371,950 according to Redfin data. Homes spend a median of 97 days on the market. 20.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $175. The median rent is $1,178 per month (Census ACS). About 81.2% of housing units are owner-occupied. The median year homes were built is 1995. There are 4,447 total housing units.