A typical Erhards Grove home is worth roughly $233,000
What kind of housing town is Erhards Grove?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Erhards Grove
Try your own numbers below.
That covers a typical Erhards Grove home, with $108K to spare.
A two-bedroom rents for about $1,100 a month here, $320 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.
95% of Erhards Grove households own their home
Half of Erhards Grove’s homes were built before 1974.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,100
Renters already here pay a median of $694, so moving in tends to cost more than staying put.
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.
Erhards Grove vs. its neighbors
The towns that share a border with Erhards Grove. Tap one to see its housing page.
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Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Erhards Grove buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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.