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Today: September 23, 2025

Current Price

$368,680

1 Month Forecast

$339,193

1-Year Forecast *

$368,090

5-Year Forecast *

$431,777

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mentor" area is 431,777 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +17.11% meaning that investing 100000 USD today may yield a profit of 17,114 USD by 2030.

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: 2025-2031

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: $368,090* (downside of 0.2%)

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 368,090 USD in one year.

Is it profitable to invest in Mentor homes?

Based on our forecast, the expected return is -0.16% 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 431,777 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 553,594 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 2.538% to 368,680 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 1.510% in 2020
  • 0.810% in 2021
  • 0.390% in 2022
  • 0.120% in 2023
  • 1.200% in 2024
  • 0.580% in 2025

Based on our Mentor real estate market research and report the predicted sales prices will decrease by 1.589% in the next 10 years.

Over the last 12 months, the value of homes in Mentor fluctuated: increasing 9 times and decreasing 1 times.

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

Below you will find the price predictions for 2025, 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 339193 321555 356831
September 2025 341918 315248 368588
October 2025 344498 319005 369991
November 2025 347150 312782 381518
December 2025 349663 324837 374489
Mentor Housing Market Forecast with Real Estate Prices for 2026
January 2026 352472 318634 386309
February 2026 355303 328655 381951
March 2026 358157 331295 385019
April 2026 361034 325292 396776
May 2026 363934 345374 382495
June 2026 366858 334941 398774
July 2026 368090 331649 404530
August 2026 368665 347651 389679
September 2026 370055 347852 392259
October 2026 372367 352259 392475
November 2026 375358 353588 397129
December 2026 378374 353401 403346
Mentor Housing Market Forecast with Real Estate Prices for 2027
January 2027 381413 353189 409638
February 2027 384477 361024 407930
March 2027 387565 368187 406944
April 2027 390679 356690 424668
May 2027 393817 372157 415477
June 2027 394144 355124 433164
July 2027 392109 355643 428575
August 2027 391371 369454 413288
September 2027 392623 365532 419714
October 2027 393340 354006 432674
November 2027 393208 370009 416407
December 2027 392751 372720 412781
Mentor Housing Market Forecast with Real Estate Prices for 2028
January 2028 392090 366212 417968
February 2028 392439 364184 420695
March 2028 393369 363866 422872
April 2028 396358 358307 434408
May 2028 398303 370422 426184
June 2028 399087 371550 426624
July 2028 398736 363248 434223
August 2028 397620 372968 422273
September 2028 397826 369580 426072
October 2028 398455 378134 418777
November 2028 399557 360001 439113
December 2028 399088 371551 426625
Mentor Housing Market Forecast with Real Estate Prices for 2029
January 2029 399462 378290 420633
February 2029 399727 365750 433703
March 2029 400614 372571 428657
April 2029 402568 371973 433164
May 2029 405802 383483 428121
June 2029 409062 373474 444650
July 2029 412348 381834 442862
August 2029 415660 384486 446835
September 2029 418999 393021 444977
October 2029 422365 398290 446440
November 2029 419594 392740 446447
December 2029 421323 388039 454608
Mentor Housing Market Forecast with Real Estate Prices for 2030
January 2030 421704 388811 454597
February 2030 422625 400649 444602
March 2030 423649 381284 466014
April 2030 424063 399467 448658
May 2030 424922 403251 446593
June 2030 428336 394926 461746
July 2030 431777 408029 455524
August 2030 435034 400231 469837
September 2030 438383 396737 480030
October 2030 441557 400050 483063
November 2030 445104 413501 476706
December 2030 448679 420861 476497
Mentor Housing Market Forecast with Real Estate Prices for 2031
January 2031 452283 418814 485752
February 2031 455916 415340 496493
March 2031 459579 420515 498643
April 2031 463271 428525 498016
May 2031 464826 430429 499223
June 2031 465553 426446 504659
July 2031 467309 423382 511236
August 2031 470228 425556 514900
September 2031 474005 437033 510978
October 2031 477813 430509 525116
November 2031 481651 446009 517293
December 2031 485520 447650 523391
Mentor Housing Market Forecast with Real Estate Prices for 2032
January 2032 489420 450267 528574
February 2032 493352 468191 518513
March 2032 497315 464492 530138
April 2032 497728 469855 525600
May 2032 495158 452574 537741
June 2032 494226 444804 543649
July 2032 495807 447218 544396
August 2032 496712 454492 538933
September 2032 496546 454836 538256
October 2032 495968 450835 541101
November 2032 495135 459980 530289
December 2032 495575 448000 543150
Mentor Housing Market Forecast with Real Estate Prices for 2033
January 2033 496749 449061 544437
February 2033 500523 450972 550075
March 2033 502980 462741 543218
April 2033 503970 464157 543784
May 2033 503526 471301 535752
June 2033 502117 466467 537768
July 2033 502377 461183 543572

> 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.