Lake County, MN Home Values & Market Trends
The median home price in Lake County, MN is $305,641. There were 307 home sales in Lake County, MN over the past 12 months. The median residential Lake County, MN home value for transactions over the previous year is $200,000. The number of current listings in Lake County, MN is 208, and the percentage of properties for sale is 208.00%. The county has 5 foreclosures, 2 bank owned properties, 3 headed for auction, and 208 properties for sale.
Lake County, MN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Two Harbors | $ 336,425 $ 263/sqft | Finland | $ 670,000 $ 431/sqft |
| Silver Bay | $ 176,076 $ 181/sqft | Beaver Bay | $ -- $ -- |
| Isabella | $ 225,526 $ 212/sqft | Knife River | $ -- $ -- |
Housing Market Summary for Lake County, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $266K | $278K | 4.51% |
| Median Sold Price | $230.4K | $222.4K | -3.48% |
| Homes For Sale | 143 | 205 | 43.36% |
| Homes Sold | 143 | 64 | -55.24% |
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 Lake County, MN
Browse Homes in Lake County, MN
Lake County, MN home values range from $24,132 to $1,975,000. Finland is the priciest city with a median listing home price of $629,000, and Silver Bay is most affordable with average house prices of around $169,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lake County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Lake County, MN; of those cities, 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 Lake County, MN ranges from the highest value of $263,808 in Two Harbors to the lowest value of $248,542 in Two Harbors. Bank owned homes and properties account for 0.70% of properties in Lake County, MN. There are 6 cities within Lake County, MN; Two Harbors containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsTwo Harbors has 2 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, MN. Auction homes and other auction properties account for 1.05% of all properties in Lake County, MN. There are 6 cities within Lake County, MN; of those cities, the median estimated home value for homes going to auction ranges from $294,896 in Two Harbors to the lowest value of $107,959 in Two Harbors.
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More Real Estate Resources for Lake County, MN
Guide for Lake County, MN
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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