The Lake Cornelia housing market is somewhat competitive. The median sale price of a home in Lake Cornelia was $721K last month, up 14.6% since last year. The median sale price per square foot in Lake Cornelia is $267, up 23.6% since last year.
What is the housing market like in Lake Cornelia today?
In October 2024, Lake Cornelia home prices were up 14.6% compared to last year, selling for a median price of $721K. On average, homes in Lake Cornelia sell after 29 days on the market compared to 32 days last year. There were 6 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$721,250
+14.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Cornelia, MN
$721,250
+14.6%
United States
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How hot is the Lake Cornelia housing market?
Lake Cornelia is somewhat competitive. Homes sell in 20 days.
0
100
66
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 about 1% below list price and go pending in around 20 days.
Hot homes
can sell for around list price and go pending in around 6 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 Cornelia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Cornelia.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Cornelia has a minor risk of flooding. 61 properties in Lake Cornelia are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Lake Cornelia. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lake Cornelia has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Cornelia is most at risk from severe storms. 659 properties in Lake Cornelia have some risk of being in a severe wind event within the next 30 years.