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Detroit Lakes Market Report

$429,022

AVERAGE PRICE OF 28 HOMES

$1,392,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$395,148

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$1,190,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

Average Home

Average Price $429,022
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

2 bedrooms $223,550
3 bedrooms $522,466
4 bedrooms $387,577
5 bedrooms $465,000
Detroit Lakes Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 29 27 30 21 22
Average Price $448,311 $488,283 $515,400 $461,388 $372,129
Avg Price Change -8.92% -5.55% +11.71% +23.99% +5.91%
Median Price $370,733 $369,095 $380,350 $348,375 $329,098
Med Price Change +0.44% -3.05% +9.18% +5.86% +1.43%
Avg Bedrooms 3.44 beds 3.45 beds 3.58 beds 3.35 beds 3.33 beds
Avg Bathrooms 2.42 baths 2.55 baths 2.7 baths 2.62 baths 2.65 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Detroit Lakes 28 $429,022 121 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 28 $429,022 121 days
Multi-Million Dollar Homes 2 $1,392,500 236 days
Newly Built Homes 7 $395,148 176 days
Homes with a Pool 1 $1,190,000 366 days
The Krabbenhoft Real Estate Team
Troy Krabbenhoft
3101 8th St
South Moorhead, MN 56560
701-866-5607

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the FMAAR MLS. Real estate listings other than Element Realty, Inc. are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Troy Krabbenhoft - The Krabbenhoft Team does not display the entire RMLS IDX database on this website. The listings of some real estate brokerage firms have been excluded.” “Information is being provided for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.”All property listing data is Copyright January 5, 2017 of the REALTOR® Multiple Listing Service. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS® RMLS.Information provided is not guaranteed to be accurate and should be independently verified.
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