The typical owner-occupied home in Conger is worth about $120,000, 64% below the Minnesota median of $329,300 and 64% below the national median of $332,700. Owners pay a median $1,750 a year in property taxes, about 1.46% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $66,250 a year, so the median home costs 1.8 times the median income (3.7 times for Minnesota). 98% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Conger at a glance
| Conger | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $120,000 | $329,300 | $332,700 |
| Median property tax paid per year | $1,750 | $3,357 | $3,119 |
| Property tax as a share of value | 1.46% | 1.02% | 0.94% |
| Median household income | $66,250 | $89,062 | $80,734 |
| Homes lived in by their owners | 98% | 72% | 65% |
| Owner homes with a mortgage | 63% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,078 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 15.5% | 19.7% | 21.0% |
| Median rent | – | $1,280 | $1,413 |
| Median year homes were built | 1957 | 1979 | 1980 |
| Vacant homes | 14.5% | 9.3% | 10.1% |
| Population | 99 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Conger
At this week's average 30-year rate of 7.11%, buying the median Conger home of $120,000 with 20% down costs about $842 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,042, 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 $36,077 for the 20%-down payment. That payment is 15% of the median Conger household income of $66,250; at that income and 20% down, the 28% guideline points to a home of about $220,000.
| Down payment | $24,000 |
|---|---|
| Loan amount | $96,000 |
| Principal and interest | $646 |
| Property taxes (1.46% a year) | $146 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $842 |
Change the numbers in the calculator
| Down payment | $4,200 |
|---|---|
| Loan amount | $117,826 |
| Principal and interest | $793 |
| Property taxes (1.46% a year) | $146 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $1,042 |
Change the numbers in the calculator
Questions about home buying in Conger
What is the median home value in Conger?
About $120,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Conger?
Homeowners pay a median $1,750 a year, which is about 1.46% 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 Conger?
For the median home with 20% down at 7.11%, the payment is about $842 a month. Keeping that under 28% of gross income takes about $36,077 a year.
More about Conger
- Mortgage Refinance in Conger
- Debt Relief in Conger
- Home Equity Loans in Conger
- 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