A typical Knute home is worth roughly $292,000
What kind of housing town is Knute?
Read from the numbers below. The page puts what stands out first.
89% of Knute households own their home
Half of Knute’s homes were built before 1986.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 3.8 years of income
About the same as across Minnesota. Try your own numbers below.
That covers a typical Knute home, with $0K to spare.
A two-bedroom rents for about $970 a month here, $800 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Knute’s typical property tax (1.00% 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 $970
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grand Forks, ND-MN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Knute vs. its neighbors
Knute is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
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 Knute 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.