The Diamond Lake housing market is very competitive. The median sale price of a home in Diamond Lake was $487K last month, up 37.9% since last year. The median sale price per square foot in Diamond Lake is $235, down 9.27% since last year.
What is the housing market like in Diamond Lake today?
In December 2024, Diamond Lake home prices were up 37.9% compared to last year, selling for a median price of $487K. On average, homes in Diamond Lake sell after 49 days on the market compared to 20 days last year. There were 14 homes sold in December this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$487,450
+37.9% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Diamond Lake, MN
$487,450
+37.9%
United States
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How hot is the Diamond Lake housing market?
Diamond Lake is very competitive. Homes sell in 24 days.
0
100
73
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 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 Diamond Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Diamond Lake.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Diamond Lake has a minor risk of flooding. 26 properties in Diamond Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Diamond Lake. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Diamond Lake has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Diamond Lake is most at risk from severe storms. 2,154 properties in Diamond Lake have some risk of being in a severe wind event within the next 30 years.