The Lake of the Woods housing market is somewhat competitive. The median sale price of a home in Lake of the Woods was $318K last month, up 29.8% since last year.
What is the housing market like in Lake of the Woods today?
In November 2024, Lake of the Woods home prices were up 29.8% compared to last year, selling for a median price of $318K.
$290K
Sale Price
$155
Sale $/Sq. Ft.
Under List Price
0.1%
Days on Market
15.5
Down Payment
—
Total Homes Sold
2
To compare other locations to the Lake of the Woods and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake of the Woods add value to a home.
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How hot is the Lake of the Woods housing market?
Lake of the Woods is somewhat competitive. Homes sell in 15.5 days.
0
100
57
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 16 days.
Hot homes
can sell for around list price and go pending in around 4 days.
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 Lake of the Woods housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake of the Woods.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake of the Woods has a minor risk of flooding. 16 properties in Lake of the Woods are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Lake of the Woods. Flood risk is increasing faster than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake of the Woods has a moderate risk of wildfire. There are 21 properties in Lake of the Woods that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Lake of the Woods.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lake of the Woods has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake of the Woods is most at risk from hurricanes. 531 properties in Lake of the Woods have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Lake of the Woods has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lake of the Woods have a Moderate Heat Factor®.
Lake of the Woods is expected to see a 185% increase in the number of days over 103ºF over the next 30 years. Lake of the Woods is expected to experience 8