The Big Lake housing market is very competitive. The median sale price of a home in Big Lake was $305K last month, down 11.6% since last year. The median sale price per square foot in Big Lake is $168, down 16.0% since last year.
What is the housing market like in Big Lake today?
In May 2025, Big Lake home prices were down 11.6% compared to last year, selling for a median price of $305K. On average, homes in Big Lake sell after 19 days on the market compared to 28 days last year. There were 28 homes sold in May this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,000
-11.6% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Big Lake, MN
$305,000
-11.6%
United States
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How hot is the Big Lake housing market?
Big Lake is very competitive. Homes sell in 21 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 21 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Big Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Big Lake.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Big Lake has a minor risk of flooding. 270 properties in Big Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Big Lake. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
Big Lake has a moderate risk of wildfire. There are 4,064 properties in Big Lake that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in Big Lake.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Big Lake has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Big Lake is most at risk from severe storms. 4,638 properties in Big Lake have some risk of being in a severe wind event within the next 30 years.