Mille Lacs County, MN Home Values & Market Trends

The median home price in Mille Lacs County, MN is $312,733. There were 494 home sales in Mille Lacs County, MN over the past 12 months. The median residential Mille Lacs County, MN home value for transactions over the previous year is $260,000. The number of current listings in Mille Lacs County, MN is 485, and the percentage of properties for sale is 485.00%. The county has 20 foreclosures, 3 bank owned properties, 17 headed for auction, and 485 properties for sale.

Mille Lacs County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Princeton

$ 365,890

$ 303/sqft

Foreston

$ 365,000

$ 321/sqft

Milaca

$ 302,049

$ 262/sqft

Wahkon

$ 366,733

$ 268/sqft

Isle

$ 334,658

$ 286/sqft

Pease

$ 304,299

$ 236/sqft

Onamia

$ 325,000

$ 271/sqft

Bock

$ --

$ --

Housing Market Summary for Mille Lacs County, MN

Sep 2025September 2026Change
Median Listing Price$316.5K$322.9K2.02%
Median Sold Price$295.4K$246.9K-16.43%
Homes For Sale32448248.77%
Homes Sold261186-28.74%
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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 Mille Lacs County, MN

Mille Lacs County, MN home values range from $40,148 to $958,000. Foreston is the priciest city with a median listing home price of $399,777, and Pease is most affordable with average house prices of around $309,900.

Foreclosure
There are 8 cities within Mille Lacs County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $271,764 in Milaca to the lowest value of $125,745 in Milaca. Foreclosure homes account for 2.00% of properties in Mille Lacs County, MN with Princeton containing 15 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mille Lacs 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 8 cities within Mille Lacs 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Mille Lacs County, MN ranges from the highest value of $282,921 in Milaca to the lowest value of $149,900 in Princeton. Bank owned homes and properties account for 0.42% of properties in Mille Lacs County, MN. There are 8 cities within Mille Lacs County, MN; Princeton containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Princeton has 12 auction properties, the highest number of properties going to auction in a single city in the state of Mille Lacs County, MN. Auction homes and other auction properties account for 2.37% of all properties in Mille Lacs County, MN. There are 8 cities within Mille Lacs County, MN; of those cities, the median estimated home value for homes going to auction ranges from $401,170 in Isle to the lowest value of $125,745 in Isle.
Homes for Sale
Homes and properties that are actively listed for sale account for 67.64% of residential properties in Mille Lacs County, MN with Princeton containing 276 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Mille Lacs County, MN; homes for sale in those cities, have a range of median values from $339,900 in Pease to the lowest value of $60,000 in Onamia.
    Sold Homes
    The median value for recently sold homes ranges from $825,128 in Wahkon to the lowest price of $40,148 in Wahkon. There are 8 cities within Mille Lacs County, MN. Princeton has 80 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 26.78% of properties in Mille Lacs County, MN.

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      Guide for Mille Lacs County, 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.