Lake County, MN Home Values & Market Trends
The median home price in Lake County, MN is $259,973.48. There were 176 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 $166,500. The number of current listings in Lake County, MN is 11, and the percentage of properties for sale is 11.00%. The county has 9 foreclosures, 1 bank owned properties, 8 headed for auction, and 11 properties for sale.
Lake County, MN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Two Harbors | $ 249,830 $ 226/sqft | Beaver Bay | $ -- $ -- |
| Silver Bay | $ 242,250 $ 147/sqft | Finland | $ -- $ -- |
| Isabella | $ 169,900 $ 166/sqft | Knife River | $ -- $ -- |
Housing Market Summary for Lake County, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $239K | $234.6K | -1.84% |
| Median Sold Price | $215.5K | $234.6K | 8.86% |
| Homes For Sale | 11 | 8 | -27.27% |
| Homes Sold | 96 | 55 | -42.71% |
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 $15,528 to $14,285,401. Two Harbors is the priciest city with a median listing home price of $282,400, and Isabella is most affordable with average house prices of around $149,900.
- 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 $74,343 in Silver Bay to the lowest value of $74,343 in Silver Bay. Bank owned homes and properties account for 0.01% of properties in Lake County, MN. There are 6 cities within Lake County, MN; Silver Bay containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsTwo Harbors has 5 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 0.11% 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 $318,163 in Silver Bay to the lowest value of $150,691 in Silver Bay.
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More Real Estate Resources for Lake County, MN
Guide for Lake County, MN
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