Big Lake, MN Home Values & Market Trends

Real estate market trends reflect that there have been 367 transactions over the past year in Big Lake. The median value for residential home transactions that occurred over the previous year is $371,623. The number of current listings in Big Lake is 381, and the percentage of properties for sale in the city is 381.00%. Big Lake, MN currently has 14 properties in foreclosure, 2 bank owned properties, 12 properties headed for auction, and 381 properties for sale.

Big Lake, MN Real Estate Market Overview

ZipMedian Est. Value
55309

$ 371,623

$ 326/sqft

Housing Market Summary for Big Lake, MN

Sep 2025September 2026Change
Median Listing Price$374.9K$374.9K-0.01%
Median Sold Price$368.3K$315.2K-14.40%
Homes For Sale25537647.45%
Homes Sold120100-16.67%
Price
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Homes For Sale
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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%.

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Browse Homes in Big Lake, MN

Big Lake home values range from $165,964 to $1,101,648. The median estimated value of a home in Big Lake is $371,623. The median list price of a home is 374,900, and the total count of properties in the city is 502.

Foreclosure
There is 1 zips within Big Lake, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $774,918 in 55309 to the lowest value of $231,914 in 55309. Foreclosure homes account for 2.00% of properties in Big Lake, MN with 55309 containing 14 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Big Lake, MN ranges from the highest value of $679,900 in 55309 to the lowest value of $679,900 in 55309. Bank owned homes and properties account for 0.40% 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.
  • Auctions
    55309 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 2.39% 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 $774,918 in 55309 to the lowest value of $231,914 in 55309.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.90% of residential properties in Big Lake, MN with 55309 containing 381 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Big Lake, MN; homes for sale in that zips, have a range of median values from $1,101,648 in 55309 to the lowest value of $190,292 in 55309.
    Sold Homes
    The median value for recently sold homes ranges from $835,697 in 55309 to the lowest price of $165,964 in 55309. There is 1 zips within Big Lake, MN. 55309 has 93 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 18.53% of properties in Big Lake, MN.

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      More Real Estate Resources for Big Lake, MN

      Guide for Big Lake, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.