What is the median home value in Karlstad, MN?

The median value of owner-occupied homes in Karlstad, MN is $126,300 (±$21,153), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Karlstad, the median home value went from $81,300 in 2015–2019 to $126,300 in 2020–2024 (+55.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$126,300 (±$21,153)
Owner-occupied homes
198 (±41)
Most common range
$100,000 to $149,999

Home values in Karlstad

Owner-occupied homes by value, 2020–2024
ValueKarlstadKittson CountyMinnesotaUnited States
Less than $50,0008.6% (±5.7 points)15.9%4.0%5.3%
$50,000 to $99,99917.2% (±6.6 points)19.7%3.7%6.1%
$100,000 to $149,99933.8% (±10.4 points)18.0%5.2%6.8%
$150,000 to $199,99921.2% (±8.2 points)15.9%8.1%9.0%
$200,000 to $299,99911.1% (±5.2 points)14.3%22.6%17.8%
$300,000 to $499,9995.1% (±4.6 points)12.0%36.9%26.9%
$500,000 to $999,9993.0% (±4.0 points)3.9%17.0%20.9%
$1,000,000 or more0.0% (±10.7 points)0.2%2.6%7.1%

The most common range is $100,000 to $149,999, 33.8% 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.

Karlstad against Kittson County, its state and the nation

Estimate (90% margin of error)
KarlstadKittson CountyMinnesotaUnited States
Median home value$126,300 (±$21,153)$134,800 (±$11,180)$329,300 (±$903)$332,700
Owner-occupied homes198 (±41)1,470 (±94)1,666,687 (±7,556)84,210,142

In Karlstad, the median home value is not measurably different from Kittson County ($134,800).

It is also lower than in Minnesota ($329,300).

It is lower than the national figure ($332,700).

In Kittson County, Karlstad ranks 20 of 29 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 2291 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Karlstad have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$81,300 (±$8,912)$126,300 (±$21,153)+55.4%Up after inflation
Median owner cost with a mortgage$1,020 (±$254)$1,173 (±$71)+15.0%No measurable change after inflation
Median real estate taxes$973 (±$251)$1,759 (±$189)+80.8%Up 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 Karlstad

Nearest places with a published estimate, compared with Karlstad
PlaceDistanceMedian home valueCompared with this place
Karlstad—$126,300 (±$21,153)—
Arveson Township2.3 mi$167,200 (±$55,980)Not measurably different
Deerwood Township (Kittson County)3.8 mi$184,400 (±$25,018)Higher
Lincoln Township (Marshall County)6.1 mi$121,900 (±$38,020)Not measurably different
Norway Township (Kittson County)6.7 mi$187,500 (±$95,179)Not measurably different
Halma6.8 mi$67,500 (±$22,935)Lower
Pelan Township6.8 mi$170,800 (±$43,554)Not measurably different
Nelson Park Township7.2 mi$213,200 (±$20,621)Higher
Spring Brook Township8.6 mi$128,100 (±$44,818)Not measurably different

Nearby places with a measurably lower figure: Halma, MN ($67,500).

Nearby places with a measurably higher figure: Deerwood Township (Kittson County), MN ($184,400), Nelson Park Township, MN ($213,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Kittson County, place by place

RankPlaceMedian home value
14Poppleton Township$169,600 (±$65,588)
15Arveson Township$167,200 (±$55,980)
16Skane Township$164,600 (±$32,237)
17Hallock$140,000 (±$41,754)
18St. Vincent Township$133,900 (±$87,854)
19Spring Brook Township$128,100 (±$44,818)
20Karlstad$126,300 (±$21,153)
21Clow Township$117,500 (±$105,919)
22St. Joseph Township (Kittson County)$112,500 (±$10,439)
23Lancaster$107,300 (±$56,196)
24Percy Township$106,300 (±$45,819)
25St. Vincent$105,000 (±$35,885)
26Jupiter Township$87,100 (±$65,781)

Showing 13 of 29 places in Kittson 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 Karlstad

What is the average home value in Karlstad, MN?

The Census Bureau publishes the median: $126,300 (±$21,153) for owner-occupied homes in Karlstad (2020–2024 American Community Survey).

Have home values in Karlstad gone up?

In Karlstad, the median home value went from $81,300 in 2015–2019 to $126,300 in 2020–2024 (+55.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Karlstad 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

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 Karlstad city, Minnesota (place:32444, in state:27).

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.

Request a Census API 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 .

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