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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

    $380,363

    AVERAGE PRICE OF 268 HOMES

    $2,669,793

    AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

    $325,715

    AVERAGE PRICE OF 29 NEWLY BUILT HOMES

    $2,519,150

    AVERAGE PRICE OF 6 HOMES WITH A POOL

    $493,474

    AVERAGE PRICE OF 4 REDUCED PRICE HOMES

    Average Home

    Average Price $380,363
    Avg Bedrooms 1.3 beds
    Avg Bathrooms .94 bath

    Average Price by Bedrooms

    1 bedroom $289,000
    2 bedrooms $291,936
    3 bedrooms $528,329
    4 bedrooms $531,889
    5 bedrooms $906,313
    Detroit Lakes Home Price Trends
      5/2023 4/2023 3/2023 2/2023 1/2023
    Total Listings 247 221 207 192 167
    Average Price $330,050 $264,378 $241,591 $223,959 $260,095
    Avg Price Change +24.84% +9.43% +7.87% -16.14% -18.70%
    Median Price $135,097 $107,172 $106,493 $108,192 $152,127
    Med Price Change +26.06% +0.64% -1.60% -40.61% -35.40%
    Avg Bedrooms 1.21 beds 1.01 beds .97 bed .9 bed 1.07 beds
    Avg Bathrooms .87 bath .74 bath .68 bath .63 bath .76 bath
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Detroit Lakes 70 $226,561 140 days
    Lake Park-Audubon 2 $1,225,000 74 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 268 $380,363 133 days
    Multi-Million Dollar Homes 15 $2,669,793 66 days
    Newly Built Homes 29 $325,715 190 days
    Homes with a Pool 6 $2,519,150 73 days
    Reduced Price Homes 4 $493,474 54 days