Big Lake, MN Home Values & Market Trends
Real estate market trends reflect that there have been 329 transactions over the past year in Big Lake. The median value for residential home transactions that occurred over the previous year is $348,733.99. The number of current listings in Big Lake is 24, and the percentage of properties for sale in the city is 24.00%. Big Lake, MN currently has 14 properties in foreclosure, 2 bank owned properties, 12 properties headed for auction, and 24 properties for sale.
Big Lake, MN Real Estate Market Overview
Zip | Median Est. Value |
---|---|
55309 | $ 377,000 $ 200/sqft |
Housing Market Summary for Big Lake, MN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $300K | $340.8K | 13.58% |
Median Sold Price | $342.3K | $340.8K | -0.45% |
Homes For Sale | 18 | 28 | 55.56% |
Homes Sold | 194 | 169 | -12.89% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Big Lake, MN
Browse Homes in Big Lake, MN
Big Lake home values range from $21,700 to $3,579,210. The median estimated value of a home in Big Lake is $348,733.99. The median list price of a home is 399,949.5, and the total count of properties in the city is 7,324.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Big 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 Big 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Big Lake, MN ranges from the highest value of $360,000 in 55309 to the lowest value of $231,088 in 55309. Bank owned homes and properties account for 0.03% of properties in Big Lake, MN. There is 1 zips within Big Lake, MN; 55309 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55309 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Big Lake, MN. Auction homes and other auction properties account for 0.16% of all properties in Big Lake, MN. There is 1 zips within Big Lake, MN; of that zips, the median estimated home value for homes going to auction ranges from $375,000 in 55309 to the lowest value of $256,584 in 55309.
Compare Nearby Cities
More Real Estate Resources for Big Lake, MN
Guide for Big Lake, MN
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