The typical owner-occupied home in Sabin is worth about $265,700, 19% below the Minnesota median of $329,300 and 20% below the national median of $332,700. Owners pay a median $3,098 a year in property taxes, about 1.17% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $128,500 a year, so the median home costs 2.1 times the median income (3.7 times for Minnesota). 98% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Sabin at a glance
| Sabin | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $265,700 | $329,300 | $332,700 |
| Median property tax paid per year | $3,098 | $3,357 | $3,119 |
| Property tax as a share of value | 1.17% | 1.02% | 0.94% |
| Median household income | $128,500 | $89,062 | $80,734 |
| Homes lived in by their owners | 98% | 72% | 65% |
| Owner homes with a mortgage | 82% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,930 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 17.2% | 19.7% | 21.0% |
| Median rent | – | $1,280 | $1,413 |
| Median year homes were built | 1976 | 1979 | 1980 |
| Vacant homes | 0.4% | 9.3% | 10.1% |
| Population | 718 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Sabin
At this week's average 30-year rate of 7.11%, buying the median Sabin home of $265,700 with 20% down costs about $1,800 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,242, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $77,129 for the 20%-down payment. That payment is 17% of the median Sabin household income of $128,500; at that income and 20% down, the 28% guideline points to a home of about $443,000.
| Down payment | $53,140 |
|---|---|
| Loan amount | $212,560 |
| Principal and interest | $1,430 |
| Property taxes (1.17% a year) | $259 |
| Homeowners insurance (our estimate, 0.5% a year) | $111 |
| PMI | $0 |
| Total per month | $1,800 |
Change the numbers in the calculator
| Down payment | $9,300 |
|---|---|
| Loan amount | $260,888 |
| Principal and interest | $1,755 |
| Property taxes (1.17% a year) | $259 |
| Homeowners insurance (our estimate, 0.5% a year) | $111 |
| FHA mortgage insurance | $118 |
| Total per month | $2,242 |
Change the numbers in the calculator
Questions about home buying in Sabin
What is the median home value in Sabin?
About $265,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sabin?
Homeowners pay a median $3,098 a year, which is about 1.17% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Sabin?
For the median home with 20% down at 7.11%, the payment is about $1,800 a month. Keeping that under 28% of gross income takes about $77,129 a year.
More about Sabin
- Mortgage Refinance in Sabin
- Debt Relief in Sabin
- Home Equity Loans in Sabin
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data