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City / Town Overview

Detroit Lakes, MN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
72
⇧ 9.1% vs 66 last year
Pending
11
15% pending ratio
Median Price
$415,000
⇧ 0.1% vs $414,450 last year
Average Price
$545,770
⇧ 15.4% vs $473,109 last year
Days on Market
95
⇩ 15.2% vs 112 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Detroit Lakes, MN real estate market currently shows 72 active listings, with 11 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 95 days on market compared to 112 days last year.

The median listing price has risen 0.1% year-over-year, from $414,450 to $415,000.

Whether you are buying or selling in Detroit Lakes, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Detroit Lakes: 56501, 56502

Market Context

ZIP coverage: 2  ·  Population: 18,085  ·  Median household income: $68,413

Typical home value: $275,520  ·  Homeownership rate: 72.5%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings