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

In August 2026 Tofte homes were listed to buy for a median price of $269K, which is a 30% decrease to July 2025 last month, and a 30% decrease to August 2025 last year. The median value of a home listed to buy in Tofte in August 2026 was $357 per sqft, which is a 39% decrease to July 2025 last month, and a 38% decrease to August 2025 last year.

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

It is affordable to live in Tofte. Buying a home in Tofte is 1% less expensive compared with the national average.

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

Yes now is a good time to buy property in Tofte, in August 2026, homes in Tofte have decreased in value (price per sqft) by 38% in the last year compared with August 2025.

Is the Tofte, MN housing market slowing down?

In August 2026, homes to buy in Tofte spent an median 144 days on the market, a same August 2025 last year.

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

In August 2026, Tofte homes were listed to buy for a median price of $269K, with 25% down you would need $1.57K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $53.8K.

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

Yes now is a good time to sell your house in Tofte, in August 2026, homes in Tofte have decreased in value (price per sqft) by 38% in the last year compared with August 2025.