A typical Erhard home is worth about $330,000
Up 8.1% in a year, 6% below the Minnesota typical home.
What kind of housing town is Erhard?
Read from the numbers below. The page puts what stands out first.
Up 30.4% in five years
Faster than Minnesota (14.1%).
Show as a table
| January | Erhard | Minnesota |
|---|---|---|
| 2017 | $173,000 | $217,000 |
| 2018 | $183,000 | $232,000 |
| 2019 | $195,000 | $246,000 |
| 2020 | $209,000 | $259,000 |
| 2021 | $232,000 | $282,000 |
| 2022 | $257,000 | $313,000 |
| 2023 | $273,000 | $325,000 |
| 2024 | $292,000 | $331,000 |
| 2025 | $304,000 | $341,000 |
| 2026 | $316,000 | $349,000 |
| August 2026 | $330,000 | $351,000 |
A typical Erhard home worth $168K in September 2016 is worth about $330K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
What it takes to buy in Erhard
Try your own numbers below.
That covers a typical Erhard home, with $11K to spare.
A two-bedroom rents for about $1,200 a month here, $810 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,200
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Otter Tail County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
On the market in Erhard
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Erhard buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.