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Detroit Lakes Market Report

$312,889

AVERAGE PRICE OF 216 HOMES

$1,934,700

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$221,557

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$324,750

AVERAGE PRICE OF 4 HOMES WITH A POOL

$349,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $312,889
Avg Bedrooms 1.35 beds
Avg Bathrooms .94 bath

Average Price by Bedrooms

1 bedroom $256,666
2 bedrooms $318,964
3 bedrooms $527,207
4 bedrooms $515,457
5 bedrooms $753,980
Detroit Lakes Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 231 266 284 275 269
Average Price $371,846 $379,074 $410,722 $411,960 $432,292
Avg Price Change -1.94% -8.35% -0.30% -4.94% +1.58%
Median Price $189,934 $212,792 $226,058 $213,355 $239,717
Med Price Change -12.03% -6.23% +5.95% -12.36% +0.42%
Avg Bedrooms 1.49 beds 1.65 beds 1.68 beds 1.57 beds 1.62 beds
Avg Bathrooms 1.06 baths 1.14 baths 1.2 baths 1.16 baths 1.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Detroit Lakes 5 $371,060 139 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 216 $312,889 161 days
Multi-Million Dollar Homes 10 $1,934,700 160 days
Newly Built Homes 35 $221,557 153 days
Homes with a Pool 4 $324,750 88 days
Reduced Price Homes 1 $349,900 20 days

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