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  • Detroit Lakes Market Report

    $407,871

    AVERAGE PRICE OF 455 HOMES

    $1,823,485

    AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

    $222,341

    AVERAGE PRICE OF 56 NEWLY BUILT HOMES

    $693,590

    AVERAGE PRICE OF 11 HOMES WITH A POOL

    $421,366

    AVERAGE PRICE OF 9 REDUCED PRICE HOMES

    Average Home

    Average Price $407,871
    Avg Bedrooms 1.56 beds
    Avg Bathrooms 1.12 baths

    Average Price by Bedrooms

    1 bedroom $242,916
    2 bedrooms $332,639
    3 bedrooms $609,981
    4 bedrooms $685,838
    5 bedrooms $797,872
    Detroit Lakes Home Price Trends
      4/2024 3/2024 2/2024 1/2024 12/2023
    Total Listings 414 209 176 174 191
    Average Price $370,347 $388,799 $328,980 $326,317 $330,933
    Avg Price Change -4.98% +18.18% +0.82% -1.41% +1.14%
    Median Price $190,653 $222,996 $165,587 $162,250 $199,517
    Med Price Change -16.96% +34.67% +2.06% -22.97% -0.33%
    Avg Bedrooms 1.49 beds 1.63 beds 1.17 beds 1.16 beds 1.21 beds
    Avg Bathrooms 1.05 baths 1.1 baths .84 bath .84 bath .86 bath
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Detroit Lakes 8 $396,662 46 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 455 $407,871 119 days
    Multi-Million Dollar Homes 41 $1,823,485 73 days
    Newly Built Homes 56 $222,341 94 days
    Homes with a Pool 11 $693,590 93 days
    Reduced Price Homes 9 $421,366 56 days