Housing Prices in Bowstring Lake, MN

How much do homes in Bowstring Lake, MN cost?

Median List Price

$269,900

$232/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$15,000(-5.3%)

Key Takeaway

The list price of homes in Bowstring Lake has decreased by 5.3% since last year.

Summary: The median home list price in Bowstring Lake was $269,900 in October 2024, down 5.3% from the previous year, and the median price per square foot was $232.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $69.9K$75K
+7.3%
2 $229K$264.9K
+15.7%
3 $377K$379K
0.5%
4 $359.9K$269.9K
-25.0%
5+ $419.9K-
N/A

Summary: Bowstring Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Oteneagen Township
-0.7%
Bowstring Lake
-5.3%

Housing Supply in Bowstring Lake, MN

How many homes are available in Bowstring Lake, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12+100.0%

Summary: The Bowstring Lake real estate market had 2 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Bowstring Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Bowstring Lake, MN

How long does it take to sell a home in Bowstring Lake, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
70 Days59 Days-15.8%

Summary: Homes in Bowstring Lake had an average listing age of 59 days in Oct 2024, down by 15.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Bowstring Lake, MN

Nearby Markets to Bowstring Lake, MN