The typical owner-occupied home in Sargeant is worth about $157,500, 52% below the Minnesota median of $329,300 and 53% below the national median of $332,700. Owners pay a median $1,875 a year in property taxes, about 1.19% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $71,250 a year, so the median home costs 2.2 times the median income (3.7 times for Minnesota). 100% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Sargeant at a glance
| Sargeant | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $157,500 | $329,300 | $332,700 |
| Median property tax paid per year | $1,875 | $3,357 | $3,119 |
| Property tax as a share of value | 1.19% | 1.02% | 0.94% |
| Median household income | $71,250 | $89,062 | $80,734 |
| Homes lived in by their owners | 100% | 72% | 65% |
| Owner homes with a mortgage | 60% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,375 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.7% | 21.0% |
| Median rent | – | $1,280 | $1,413 |
| Median year homes were built | 1962 | 1979 | 1980 |
| Vacant homes | 0.0% | 9.3% | 10.1% |
| Population | 30 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Sargeant
At this week's average 30-year rate of 7.11%, buying the median Sargeant home of $157,500 with 20% down costs about $1,069 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,332, 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 $45,832 for the 20%-down payment. That payment is 18% of the median Sargeant household income of $71,250; at that income and 20% down, the 28% guideline points to a home of about $245,000.
| Down payment | $31,500 |
|---|---|
| Loan amount | $126,000 |
| Principal and interest | $848 |
| Property taxes (1.19% a year) | $156 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| PMI | $0 |
| Total per month | $1,069 |
Change the numbers in the calculator
| Down payment | $5,512 |
|---|---|
| Loan amount | $154,647 |
| Principal and interest | $1,040 |
| Property taxes (1.19% a year) | $156 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| FHA mortgage insurance | $70 |
| Total per month | $1,332 |
Change the numbers in the calculator
Questions about home buying in Sargeant
What is the median home value in Sargeant?
About $157,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sargeant?
Homeowners pay a median $1,875 a year, which is about 1.19% 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 Sargeant?
For the median home with 20% down at 7.11%, the payment is about $1,069 a month. Keeping that under 28% of gross income takes about $45,832 a year.
More about Sargeant
- Mortgage Refinance in Sargeant
- Debt Relief in Sargeant
- Home Equity Loans in Sargeant
- 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