Call or Text (240) SELL-123
City / Town Overview

Detroit Lakes, MN

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

Market Analysis

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

The Detroit Lakes, MN real estate market currently shows 108 active listings, with 27 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 49 days on market compared to 55 days last year.

The median listing price has risen 2.7% year-over-year, from $448,450 to $460,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Detroit Lakes, MN and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 18,085  ·  Density: 37.4/mi²  ·  Median household income: $68,413

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

Included Areas

Detroit Lakes: 56501, 56502

Area Map

Market Overview

Active Listings
108
⇧ 28.6% vs 84 last year
Pending
27
25% pending ratio
Median Price
$460,500
⇧ 2.7% vs $448,450 last year
Average Price
$638,749
⇧ 5.2% vs $606,907 last year
Days on Market
49
⇩ 10.9% vs 55 days last year

Price Per Square Foot

Median $/sqft
$246
⇧ 17.1% vs $210/sqft last year
Median Home Size
1,924 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %