How much does it cost to buy a house in Mentor, MN?

In May 2026 Mentor homes were listed to buy for a median price of $537K, which is a 16% decrease to April 2025 last month, and a 16% decrease to May 2025 last year. The median value of a home listed to buy in Mentor in May 2026 was $277 per sqft, which is a 5% decrease to April 2025 last month, and a 5% decrease to May 2025 last year.

Is it affordable or expensive to live in Mentor, MN?

It is expensive to live in Mentor. Buying a home in Mentor is 1% more expensive compared with the national average.

Is it a good time to buy property in Mentor, MN?

Yes now is a good time to buy property in Mentor, in May 2026, homes in Mentor have decreased in value (price per sqft) by 5% in the last year compared with May 2025.

Is the Mentor, MN housing market slowing down?

The housing market in Mentor is slowing down. In May 2026, homes to buy in Mentor spent an median 60 days on the market, a 67% decrease from May 2025 last year.

How much money should I make to buy a house in Mentor, MN?

In May 2026, Mentor homes were listed to buy for a median price of $537K, with 25% down you would need $3.07K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $105K.

Is it a good time to sell my house in Mentor, MN?

Yes now is a good time to sell your house in Mentor, in May 2026, homes in Mentor have decreased in value (price per sqft) by 5% in the last year compared with May 2025.