The Lake of the Woods housing market is somewhat competitive. Homes in Lake of the Woods receive 1 offers on average and sell in around 55 days. The median sale price of a home in Lake of the Woods was $450K last month, up 9.8% since last year. The median sale price per square foot in Lake of the Woods is $225, up 13.6% since last year.
What is the housing market like in Lake of the Woods today?
$450K
Sale Price
+9.8% since last year
$225
Sale $/Sq. Ft.
+13.6% since last year
Under List Price
0.2%
Days on Market
55
Down Payment
17.4%
Total Homes Sold
19
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How hot is the Lake of the Woods housing market?
Lake of the Woods is somewhat competitive. Homes sell in 55 days.
0
100
54
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 55 days.
Hot homes
can sell for about 1% above list price and go pending in around 34 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
16% 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. 549 properties in Lake of the Woods are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Lake of the Woods. Flood risk is increasing slower than the national average.
78% 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 3,601 properties in Lake of the Woods that have some risk of being affected by wildfire over the next 30 years. This represents 78% of all properties in Lake of the Woods.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lake of the Woods has a Moderate 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. 4,600 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 58 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.
97% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Lake of the Woods has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Lake of the Woods have a Severe Heat Factor®.
Lake of the Woods is expected to see a 142% increase in the number of days over 104ºF over the next 30 years. Lake of the Woods is expected to experience 8