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 21 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?