Current Price

$368,680

1 Month Forecast

â–¼ $339,283

1-Year Forecast *

â–¼ $364,889

5-Year Forecast *

â–² $428,200

"Is it a good time to buy homes in Mentor?" "Does investing in real estate in Mentor (Minnesota State, Polk County) worth it?" According to our live Forecast System, buying a house in Mentor is a bad short-term (1-year) investment*. The Mentor average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mentor" 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 Mentor in Minnesota State, Polk County. If you are looking for homes for sale with good flipping profit, Mentor can be a bad, high-risk 1-year investment option. The median price of an average house in Mentor was 368,680 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mentor" area is 428,200 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +16.14% meaning that investing 100000 USD today may yield a profit of 16,144 USD by 2031.

Current Median Listing Price: 368,680 USD Median Listing Price Per Square Foot: 205 USD

Mentor 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.

Mentor (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.

Mentor Price Target

Mentor median home price target in 12 months: $364,889* (downside of 1.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $332,270 $336,490 $332,270 $336,490
2024 $345,314 $368,680 $344,909 $368,680
2023 $339,827 $344,362 $338,861 $344,908
2022 $316,568 $339,941 $316,568 $340,636
2021 $282,733 $313,282 $282,733 $313,282
2020 $270,506 $280,573 $270,506 $280,573
2019 $271,223 $269,166 $264,803 $271,223
2018 $256,113 $270,801 $254,420 $270,801
2017 $253,318 $257,398 $253,318 $261,255
2016 $248,359 $252,148 $247,838 $252,148
2015 $223,851 $246,014 $223,851 $246,014
2014 $218,868 $223,106 $217,379 $224,145
2013 $0 $218,133 $0 $218,133
2012 $0 $0 $0 $0

Questions & Answers about the Mentor Housing Market Forecast

How much does an average home cost in Mentor today?

The value of an average home (the listing price) in Mentor is $368,680 USD.

What is the average price per square foot in Mentor?

According to Walletinvestor the median price per square foot in Mentor is 205 USD.

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

No. The Mentor home prices may drop from 368,680 USD to 364,889 USD in one year.

Is it profitable to invest in Mentor homes?

Based on our forecast, the expected return is -1.03% in one year.

Will Mentor house prices fall / drop?

Yes. See above.

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

The predicted home sales price of a Mentor home in 2030 in Mentor is 404,231 USD.

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

The predicted home sales price of a Mentor home in 2035 in Mentor is 509,622 USD.

Will real estate prices decrease in Mentor?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Mentor is the 19833. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Polk, Mentor increased, looking at the past 12 months.

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

Median home values increased by 10.402% to 368,680 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 0.792% in 2021
  • 0.882% in 2022
  • 3.018% in 2023
  • 0.692% in 2024
  • 1.318% in 2025
  • 2.078% in 2026

Based on our Mentor real estate market research and report the predicted sales prices will decrease by 9.819% in the next 10 years.

Over the last 12 months, the value of homes in Mentor fluctuated: increasing 4 times .

Mentor (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
Mentor Housing Market Forecast with Real Estate Prices for 2025
August 2025 339283 305694 372872
September 2025 342098 310283 373914
October 2025 344938 312513 377362
November 2025 347800 327628 367973
December 2025 350687 327191 374182
Mentor Housing Market Forecast with Real Estate Prices for 2026
January 2026 351864 318437 385291
February 2026 352414 319287 385541
March 2026 353743 320845 386641
April 2026 355953 333528 378378
May 2026 358907 338449 379365
June 2026 361886 340896 382875
July 2026 364889 345550 384228
August 2026 367917 338852 396983
September 2026 370970 343519 398422
October 2026 374049 353102 394996
November 2026 377153 356033 398274
December 2026 377466 355196 399737
Mentor Housing Market Forecast with Real Estate Prices for 2027
January 2027 375517 345476 405559
February 2027 374811 342952 406670
March 2027 376010 357209 394810
April 2027 376696 355978 397415
May 2027 376570 346444 406696
June 2027 376132 344913 407351
July 2027 375500 354096 396903
August 2027 375834 346143 405525
September 2027 376724 348847 404602
October 2027 379587 359468 399705
November 2027 381449 346737 416161
December 2027 382201 351242 413159
Mentor Housing Market Forecast with Real Estate Prices for 2028
January 2028 381864 354370 409358
February 2028 380795 346143 415448
March 2028 380993 347465 414520
April 2028 381595 343436 419755
May 2028 382650 348977 416324
June 2028 382202 361563 402840
July 2028 382559 345068 420050
August 2028 382813 357164 408461
September 2028 383662 351435 415890
October 2028 385534 348138 422931
November 2028 388734 368131 409337
December 2028 391960 369618 414302
Mentor Housing Market Forecast with Real Estate Prices for 2029
January 2029 395213 359644 430782
February 2029 398493 375380 421605
March 2029 401722 373200 430245
April 2029 405056 383588 426524
May 2029 402208 364400 440016
June 2029 403866 371153 436579
July 2029 404231 371084 437378
August 2029 405114 368654 441574
September 2029 406095 381324 430867
October 2029 406492 385761 427223
November 2029 407316 386950 427682
December 2029 410696 381537 439856
Mentor Housing Market Forecast with Real Estate Prices for 2030
January 2030 414105 383875 444334
February 2030 417541 396247 438836
March 2030 421006 396588 445425
April 2030 424500 385022 463979
May 2030 425926 393129 458722
June 2030 426592 384786 468398
July 2030 428200 401652 454749
August 2030 430876 394251 467500
September 2030 434451 395785 473117
October 2030 438057 406517 469597
November 2030 441692 416074 467310
December 2030 445358 412847 477869
Mentor Housing Market Forecast with Real Estate Prices for 2031
January 2031 449054 416273 481835
February 2031 452780 424255 481306
March 2031 456538 426863 486213
April 2031 456917 415337 498496
May 2031 454558 425011 484104
June 2031 453703 428295 479110
July 2031 455154 426934 483373
August 2031 455985 414034 497936
September 2031 455832 430761 480903
October 2031 455302 427984 482620
November 2031 454536 427719 481354
December 2031 454941 419001 490881
Mentor Housing Market Forecast with Real Estate Prices for 2032
January 2032 456019 423641 488396
February 2032 459483 418130 500837
March 2032 461738 435881 487596
April 2032 462648 437665 487631
May 2032 462240 422487 501993
June 2032 460947 432368 489526
July 2032 461185 423829 498542

> 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.