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  • Detroit Lakes

    Why you'd want to live in Detroit Lakes

    Whether you want to rent or buy we have the roof to put over your head. For a smaller community, we have a variety of housing options to fit most any lifestyle. You’ll find twin homes, condos, city homes, cottages, year-round lake homes, rural properties and acreages, and all kinds of senior housing. via visitdetroitlakes.com

    Detroit Lakes Market Report

    $433,398

    AVERAGE PRICE OF 267 HOMES

    $1,858,272

    AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

    $187,285

    AVERAGE PRICE OF 31 NEWLY BUILT HOMES

    $938,700

    AVERAGE PRICE OF 8 HOMES WITH A POOL

    $982,380

    AVERAGE PRICE OF 5 REDUCED PRICE HOMES

    Average Home

    Average Price $433,398
    Avg Bedrooms 1.58 beds
    Avg Bathrooms 1.16 baths

    Average Price by Bedrooms

    1 bedroom $239,450
    2 bedrooms $337,154
    3 bedrooms $552,030
    4 bedrooms $991,566
    5 bedrooms $822,709
    Detroit Lakes Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 466 445 414 209 176
    Average Price $428,859 $397,226 $370,347 $388,799 $328,980
    Avg Price Change +7.96% +7.26% -4.98% +18.18% +0.82%
    Median Price $249,621 $215,372 $190,653 $222,996 $165,587
    Med Price Change +15.90% +12.97% -16.96% +34.67% +2.06%
    Avg Bedrooms 1.65 beds 1.56 beds 1.49 beds 1.63 beds 1.17 beds
    Avg Bathrooms 1.19 baths 1.11 baths 1.05 baths 1.1 baths .84 bath
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Detroit Lakes 7 $382,200 64 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 267 $433,398 81 days
    Multi-Million Dollar Homes 29 $1,858,272 69 days
    Newly Built Homes 31 $187,285 105 days
    Homes with a Pool 8 $938,700 73 days
    Reduced Price Homes 5 $982,380 75 days