Current Price

$191,830

1 Month Forecast

â–² $192,802

1-Year Forecast *

â–² $202,524

5-Year Forecast *

â–² $229,869

"Is it a good time to buy homes in Northome?" "Does investing in real estate in Northome (Minnesota State, Koochiching County) worth it?" According to our live Forecast System, buying a house in Northome is a acceptable short-term (1-year) investment*. The Northome average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Northome" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Northome in Minnesota State, Koochiching County. If you are looking for homes for sale with good flipping profit, Northome can be a profitable property investment option. The median price of an average house in Northome was 191,830 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Northome" area is 229,869 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +19.83% meaning that investing 100000 USD today may yield a profit of 19,830 USD by 2031.

Current Median Listing Price: 191,830 USD Median Listing Price Per Square Foot: 107 USD

Northome Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Northome (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Northome Price Target

Northome median home price target in 12 months: $202,524* (upside of 5.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $185,316 $191,830 $183,210 $191,830
2023 $176,334 $187,606 $176,334 $190,439
2022 $171,115 $175,563 $171,115 $180,217
2021 $151,317 $168,691 $151,317 $168,691
2020 $136,935 $149,431 $136,935 $149,431
2019 $130,061 $136,386 $130,061 $136,386
2018 $121,793 $129,899 $121,579 $129,995
2017 $120,351 $122,049 $120,351 $123,029
2016 $117,116 $120,093 $117,116 $123,184
2015 $112,107 $115,479 $112,107 $115,479
2014 $115,102 $111,832 $111,832 $115,373
2013 $114,891 $115,532 $114,862 $116,976
2012 $111,810 $113,306 $109,451 $113,306

Questions & Answers about the Northome Housing Market Forecast

How much does an average home cost in Northome today?

The value of an average home (the listing price) in Northome is $191,830 USD.

What is the average price per square foot in Northome?

According to Walletinvestor the median price per square foot in Northome is 107 USD.

Will the median listing price of homes in Northome grow / rise / go up?

Yes. The Northome home prices may rise from 191,830 USD to 202,524 USD in one year.

Is it profitable to invest in Northome homes?

Yes. The long-term profit potential is +5.57% in one year.

Will Northome house prices fall / drop?

No. See above.

What is the predicted price of a Northome home in 2030?

The predicted home sales price of a Northome home in 2030 in Northome is 217,731 USD.

What is the predicted price of a Northome home in 2035?

The predicted home sales price of a Northome home in 2035 in Northome is 256,358 USD.

Will real estate prices decrease in Northome?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Northome is the 23101. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Koochiching, Northome remained stable, looking at the past 12 months.

According to Walletinvestor's Northome real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 191,830 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 6.015% in 2021
  • 5.185% in 2022
  • 7.205% in 2023
  • 4.945% in 2024
  • 5.635% in 2025
  • 6.025% in 2026

Based on our Northome real estate market research and report the predicted sales prices will increase by 72.032% in the next 10 years.

Northome (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Northome Housing Market Forecast with Real Estate Prices for 2025
January 2025 192802 181234 204370
February 2025 193779 175564 211995
March 2025 194762 178986 210537
April 2025 195749 181655 209843
May 2025 196741 186511 206972
June 2025 196951 183558 210344
July 2025 197468 185225 209711
August 2025 198469 180805 216133
September 2025 199475 188304 210646
October 2025 200486 180638 220334
November 2025 201503 187397 215608
December 2025 202524 192398 212650
Northome Housing Market Forecast with Real Estate Prices for 2026
January 2026 203551 192762 214339
February 2026 204582 185965 223199
March 2026 205620 192871 218368
April 2026 206205 186410 226001
May 2026 205754 188471 223037
June 2026 205122 188712 221532
July 2026 204492 185883 223101
August 2026 203864 186739 220988
September 2026 203889 185539 222239
October 2026 204785 193317 216252
November 2026 205823 190592 221053
December 2026 206866 188455 225277
Northome Housing Market Forecast with Real Estate Prices for 2027
January 2027 207915 195232 220597
February 2027 208969 196848 221089
March 2027 210028 191755 228300
April 2027 210585 199634 221535
May 2027 210030 199108 220951
June 2027 209946 198399 221493
July 2027 209637 194753 224522
August 2027 208993 193528 224459
September 2027 208351 192308 224394
October 2027 207711 196079 219343
November 2027 207073 194649 219498
December 2027 206437 185793 227081
Northome Housing Market Forecast with Real Estate Prices for 2028
January 2028 207484 189225 225742
February 2028 208535 197692 219379
March 2028 209592 197646 221539
April 2028 210529 198950 222108
May 2028 211597 198901 224292
June 2028 212519 194243 230796
July 2028 213597 201422 225772
August 2028 213698 201731 225665
September 2028 214453 193222 235684
October 2028 215540 198082 232999
November 2028 216633 196486 236780
December 2028 217731 205103 230359
Northome Housing Market Forecast with Real Estate Prices for 2029
January 2029 218835 207237 230433
February 2029 219944 207187 232701
March 2029 220179 202344 238013
April 2029 220757 208394 233119
May 2029 221876 206788 236963
June 2029 223000 207390 238610
July 2029 224131 212028 236234
August 2029 225267 207471 243063
September 2029 226409 213277 239541
October 2029 227557 208442 246671
November 2029 228710 206983 250438
December 2029 229869 215158 244581
Northome Housing Market Forecast with Real Estate Prices for 2030
January 2030 230524 215540 245508
February 2030 230020 207018 253022
March 2030 229313 215554 243072
April 2030 228609 207120 250098
May 2030 227907 205344 250469
June 2030 227935 206509 249360
July 2030 228936 213597 244275
August 2030 230097 217441 242752
September 2030 231263 217156 245370
October 2030 232435 218954 245916
November 2030 233613 210719 256508
December 2030 234798 216483 253112
Northome Housing Market Forecast with Real Estate Prices for 2031
January 2031 235420 220589 250252
February 2031 234800 220007 249592
March 2031 234706 220389 249023
April 2031 234361 212331 256391
May 2031 233641 219623 247660
June 2031 232923 214988 250859
July 2031 232208 218740 245676
August 2031 231495 219688 243301
September 2031 230784 214629 246938
October 2031 231953 211310 252597
November 2031 233129 214945 251313
December 2031 234311 222595 246027

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.