What is the median home value in Arbo Township, MN?
The median value of owner-occupied homes in Arbo Township, MN is $263,700 (±$60,761), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Arbo Township, the median home value went from $179,200 in 2015–2019 to $263,700 in 2020–2024 (+47.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $263,700 (±$60,761)
- Owner-occupied homes
- 403 (±77)
- Most common range
- $300,000 to $499,999
Home values in Arbo Township
| Value | Arbo Township | Itasca County | Minnesota | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.2% (±1.9 points) | 6.4% | 4.0% | 5.3% |
| $50,000 to $99,999 | 3.0% (±2.7 points) | 7.3% | 3.7% | 6.1% |
| $100,000 to $149,999 | 8.4% (±4.1 points) | 12.9% | 5.2% | 6.8% |
| $150,000 to $199,999 | 22.3% (±11.9 points) | 16.2% | 8.1% | 9.0% |
| $200,000 to $299,999 | 19.6% (±7.9 points) | 24.5% | 22.6% | 17.8% |
| $300,000 to $499,999 | 28.0% (±7.3 points) | 22.0% | 36.9% | 26.9% |
| $500,000 to $999,999 | 15.1% (±7.2 points) | 9.1% | 17.0% | 20.9% |
| $1,000,000 or more | 1.2% (±1.4 points) | 1.6% | 2.6% | 7.1% |
The most common range is $300,000 to $499,999, 28.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Arbo Township against Itasca County, its state and the nation
| Arbo Township | Itasca County | Minnesota | United States | |
|---|---|---|---|---|
| Median home value | $263,700 (±$60,761) | $225,200 (±$6,215) | $329,300 (±$903) | $332,700 |
| Owner-occupied homes | 403 (±77) | 15,396 (±436) | 1,666,687 (±7,556) | 84,210,142 |
In Arbo Township, the median home value is not measurably different from Itasca County ($225,200).
It is also lower than in Minnesota ($329,300).
It is lower than the national figure ($332,700).
In Itasca County, Arbo Township ranks 10 of 50 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1164 of 2,558.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Arbo Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $179,200 (±$23,822) | $263,700 (±$60,761) | +47.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,305 (±$182) | $1,831 (±$154) | +40.3% | No measurable change after inflation |
| Median real estate taxes | $1,437 (±$192) | $2,285 (±$506) | +59.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Arbo Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Arbo Township | — | $263,700 (±$60,761) | — |
| Bovey | 4.6 mi | $122,800 (±$19,194) | Lower |
| Coleraine | 4.7 mi | $211,800 (±$16,057) | Not measurably different |
| Taconite | 5.4 mi | $219,600 (±$29,270) | Not measurably different |
| Grand Rapids | 5.8 mi | $213,800 (±$14,438) | Not measurably different |
| La Prairie | 6.2 mi | $212,800 (±$31,309) | Not measurably different |
| Wabana Township | 6.6 mi | $302,900 (±$156,478) | Not measurably different |
| Trout Lake Township | 7.7 mi | $260,000 (±$52,353) | Not measurably different |
| Lawrence Township (Itasca County) | 8.5 mi | $201,200 (±$64,915) | Not measurably different |
Nearby places with a measurably lower figure: Bovey, MN ($122,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Itasca County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 4 (tie) | Sand Lake Township | $325,000 (±$46,999) |
| 4 (tie) | Wirt Township | $325,000 (±$230,980) |
| 6 | Bearville Township | $307,700 (±$101,530) |
| 7 | Wabana Township | $302,900 (±$156,478) |
| 8 | Harris Township | $301,800 (±$39,964) |
| 9 | Ardenhurst Township | $296,900 (±$57,758) |
| 10 | Arbo Township | $263,700 (±$60,761) |
| 11 | Trout Lake Township | $260,000 (±$52,353) |
| 12 | Goodland Township | $256,300 (±$28,413) |
| 13 | Feeley Township | $254,500 (±$36,479) |
| 14 | Splithand Township | $252,500 (±$34,330) |
| 15 | Blackberry Township | $246,800 (±$24,630) |
| 16 | Stokes Township (Itasca County) | $246,700 (±$40,359) |
Showing 13 of 50 places in Itasca County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Arbo Township
What is the average home value in Arbo Township, MN?
The Census Bureau publishes the median: $263,700 (±$60,761) for owner-occupied homes in Arbo Township (2020–2024 American Community Survey).
Have home values in Arbo Township gone up?
In Arbo Township, the median home value went from $179,200 in 2015–2019 to $263,700 in 2020–2024 (+47.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Arbo Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Arbo township, Itasca County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Arbo township, Itasca County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Arbo township, Itasca County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Arbo township, Itasca County, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Arbo township, Itasca County, Minnesota (county subdivision:01936, in state:27 county:061).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Arbo Township at a glance
- Income and affordability in Arbo Township
- Homeowner costs in Arbo Township
- Property taxes in Arbo Township
- Types of homes in Arbo Township
- Bedrooms in Arbo Township
- Age of homes in Arbo Township
- Heating fuel in Arbo Township
- Commute and cars in Arbo Township
- Minnesota landlord and tenant rules
- Housing across Itasca County
- Minnesota places ranked by median home value
- Housing data for every place in Minnesota