Housing Prices in Red Lake County, MN

How much do homes in Red Lake County, MN cost?

Median List Price

$171,200

$115/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$11,200(+7.0%)

Key Takeaway

The list price of homes in Red Lake County has increased by 7% since last year.

Summary: The median home list price in Red Lake County was $171,200 in October 2024, up 7% from the previous year, and the median price per square foot was $115.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.4K$135K
+5.9%
3 $172.4K$190K
+10.2%
4 $184.2K$132K
-28.3%
5+ $310K$297.4K
-4.0%

Summary: Red Lake County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 28.3%, and 5+ bedroom homes decreased by 4%.

Median List Price Compared To Nearby Counties

Polk County
+18.3%
Red Lake County
+7.0%
Pennington County
+3.1%

Housing Supply in Red Lake County, MN

How many homes are available in Red Lake County, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The Red Lake County real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 55
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Red Lake County 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Red Lake County, MN

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

Average Listing Age

Oct 2023Oct 2024CHANGE
395 Days106 Days-73.0%

Summary: Homes in Red Lake County had an average listing age of 106 days in Oct 2024, down by 73% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in Red Lake County, MN

Nearby Markets to Red Lake County, MN

What housing markets are near Red Lake County, MN?