Lake County, MN home prices

Lake County, MN: the typical home is worth $283,027 as of 2026-05, up +4.3% over the past year and n/a since 2000. Listings run about $257/sq ft. Rent…

Data as of May 2026 · by the Real Estate Price Map data team · methodology & sources

1991: $86,517 → 2026: $283,027 (3.3×) pre-2000 estimated via FHFA index

Market read

At $283,027, homes in Lake County sit 4% above the Minnesota median ($272,151) and 21% above the US median ($233,954). That ranks #41 of 87 Minnesota counties by price.

Prices are holding steady (+4.3% in the last year) — a balanced market.

Homes here move at a steady pace — a median 47 days on the market, with 21% of listings cutting their asking price.

At 4.0× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

Nearby counties

Saint Louis County, MN ($256,673) · Cook County, MN ($440,903) · Bayfield County, WI ($301,178) · Ashland County, WI ($190,823) · Douglas County, WI ($258,962) · Carlton County, MN ($301,176)