Detroit Lakes, MN Housing Market
The Detroit Lakes housing market is somewhat competitive. The median sale price of a home in Detroit Lakes was $365K last month, up 37.8% since last year. The median sale price per square foot in Detroit Lakes is $211, up 29.8% since last year.
Detroit Lakes Housing Market Trends
since last year
since last year
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How hot is the Detroit Lakes housing market?
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 about 5% below list price and go pending in around 44 days.
- Hot homescan sell for around list price and go pending in around 14 days.
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 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 32 days.
- Hot homescan sell for around list price and go pending in around 5 days.
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 about 1% below list price and go pending in around 13 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 days.
Detroit Lakes Migration & Relocation Trends
View houses in Detroit Lakes that sold recently
Recently sold homes
- $59,000 Last Sold Price—beds—baths—sq ft23400 County Highway 21, Richwood Twp, MN 56501List Price$59,000Sale to List0% over listDays on Market13 days23400 County Highway 21, Richwood Twp, MN 56501
- $55,000 Last Sold Price—beds—baths—sq ftTBD Tbd State Hwy 34, Erie Twp, MN 56501List Price$55,000Sale to List0% over listDays on Market21 daysTBD Tbd State Hwy 34, Erie Twp, MN 56501
- $370,900 Last Sold Price3 beds2 baths—sq ft719 Dandrew Ln, Detroit Lakes, MN 56501List Price$369,900Sale to List0% over listDays on Market90 days719 Dandrew Ln, Detroit Lakes, MN 56501
- $389,000 Last Sold Price3 beds2 baths—sq ft26324 N Tower Rd, Detroit Lakes, MN 56501List Price$399,900Sale to List3% under listDays on Market87 days26324 N Tower Rd, Detroit Lakes, MN 56501
- $680,000 Last Sold Price5 beds3 baths—sq ft13428 Pearl Lake Dr, Detroit Lakes, MN 56501List Price$720,000Sale to List6% under listDays on Market210 days13428 Pearl Lake Dr, Detroit Lakes, MN 56501
- $435,000 Last Sold Price4 beds4 baths—sq ft13946 260th Ave, Detroit Lakes, MN 56501List Price$479,900Sale to List9% under listDays on Market90 days13946 260th Ave, Detroit Lakes, MN 56501
- $165,000 Last Sold Price2 beds2 baths—sq ft113 Minnesota Ave, Detroit Lakes, MN 56501List Price$184,900Sale to List11% under listDays on Market52 days113 Minnesota Ave, Detroit Lakes, MN 56501
- $850,000 Last Sold Price5 beds4 baths—sq ft20371 Oakland Beach Rd, Detroit Twp, MN 56501List Price$874,900Sale to List3% under listDays on Market63 days20371 Oakland Beach Rd, Detroit Twp, MN 56501
See all recently sold homes in Detroit Lakes.
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Schools in Detroit Lakes
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Rossman Elementary School Public • PreK-5 | 570 Students | 5 reviews |
5/10 Detroit Lakes Middle School Public • 5-8 | 622 Students | 1 reviews |
4/10 Roosevelt Elementary School Public • PreK-5 | 599 Students | 1 reviews |
Climate's impact on Detroit Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Detroit Lakes.
Flood Factor - Minor
Flood Factor
Fire Factor - Major
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
Heat Factor
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