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  • Detroit Lakes Market Report

    $442,617

    AVERAGE PRICE OF 272 HOMES

    $1,900,182

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $187,446

    AVERAGE PRICE OF 31 NEWLY BUILT HOMES

    $852,177

    AVERAGE PRICE OF 9 HOMES WITH A POOL

    $817,990

    AVERAGE PRICE OF 11 REDUCED PRICE HOMES

    Average Home

    Average Price $442,617
    Avg Bedrooms 1.71 beds
    Avg Bathrooms 1.25 baths

    Average Price by Bedrooms

    1 bedroom $311,779
    2 bedrooms $333,465
    3 bedrooms $570,430
    4 bedrooms $937,645
    5 bedrooms $807,527
    Detroit Lakes Home Price Trends
      5/2024 4/2024 3/2024 2/2024 1/2024
    Total Listings 445 414 209 176 174
    Average Price $397,226 $370,347 $388,799 $328,980 $326,317
    Avg Price Change +7.26% -4.98% +18.18% +0.82% -1.41%
    Median Price $215,372 $190,653 $222,996 $165,587 $162,250
    Med Price Change +12.97% -16.96% +34.67% +2.06% -22.97%
    Avg Bedrooms 1.56 beds 1.49 beds 1.63 beds 1.17 beds 1.16 beds
    Avg Bathrooms 1.11 baths 1.05 baths 1.1 baths .84 bath .84 bath
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Detroit Lakes 8 $397,912 66 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 272 $442,617 64 days
    Multi-Million Dollar Homes 27 $1,900,182 53 days
    Newly Built Homes 31 $187,446 81 days
    Homes with a Pool 9 $852,177 52 days
    Reduced Price Homes 11 $817,990 46 days