Crane Lake, MN Home Values & Market Trends

Real estate market trends reflect that there have been 4 transactions over the past year in Crane Lake. The median value for residential home transactions that occurred over the previous year is $434,758. The number of current listings in Crane Lake is 1, and the percentage of properties for sale in the city is 1.00%. Crane Lake, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Crane Lake, MN Real Estate Market Overview

ZipMedian Est. Value
55725

$ 465,000

$ 208/sqft

Housing Market Summary for Crane Lake, MN

Feb 2023March 2024Change
Median Listing Price$0$172.9K-
Median Sold Price$422.5K$172.9K-59.08%
Homes For Sale01-
Homes Sold13200.00%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Crane Lake, MN

Crane Lake home values range from $51,880 to $2,899,710. The median estimated value of a home in Crane Lake is $434,758. The median list price of a home is 465,000, and the total count of properties in the city is 63.

Foreclosure
There is 1 zips within Crane Lake, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Crane Lake, MN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Crane Lake, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Crane Lake, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Crane Lake, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Crane Lake, MN. There is 1 zips within Crane Lake, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Crane Lake, MN. Auction homes and other auction properties account for 0% of all properties in Crane Lake, MN. There is 1 zips within Crane Lake, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.59% of residential properties in Crane Lake, MN with 55725 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Crane Lake, MN; homes for sale in that zips, have a range of median values from $465,000 in 55725 to the lowest value of $465,000 in 55725.
    Sold Homes
    The median value for recently sold homes ranges from $251,835 in 55725 to the lowest price of $170,221 in 55725. There is 1 zips within Crane Lake, MN. 55725 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.76% of properties in Crane Lake, MN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Crane Lake, MN
      $
      $

      Guide for Crane Lake, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes Crane Lake, MN

      No data to show