Pequot Lakes, MN Home Values & Market Trends
Real estate market trends reflect that there have been 205 transactions over the past year in Pequot Lakes. The median value for residential home transactions that occurred over the previous year is $445,767. The number of current listings in Pequot Lakes is 203, and the percentage of properties for sale in the city is 203.00%. Pequot Lakes, MN currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 203 properties for sale.
Pequot Lakes, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56472 | $ 445,767 $ 307/sqft |
Housing Market Summary for Pequot Lakes, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $482.4K | $395K | -18.13% |
| Median Sold Price | $538.8K | $353K | -34.48% |
| Homes For Sale | 56 | 199 | 255.36% |
| Homes Sold | 11 | 79 | 618.18% |
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 Pequot Lakes, MN
Browse Homes in Pequot Lakes, MN
Pequot Lakes home values range from $80,887 to $2,964,937. The median estimated value of a home in Pequot Lakes is $445,767. The median list price of a home is 397,450, and the total count of properties in the city is 300.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Pequot Lakes, 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 Pequot Lakes, 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 Pequot Lakes, MN ranges from the highest value of $519,846 in 56472 to the lowest value of $519,846 in 56472. Bank owned homes and properties account for 0.33% of properties in Pequot Lakes, MN. There is 1 zips within Pequot Lakes, MN; 56472 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56472 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Pequot Lakes, MN. Auction homes and other auction properties account for 0.67% of all properties in Pequot Lakes, MN. There is 1 zips within Pequot Lakes, MN; of that zips, the median estimated home value for homes going to auction ranges from $364,979 in 56472 to the lowest value of $271,335 in 56472.
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Guide for Pequot Lakes, 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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