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STURGEON LAKE, MN 55783

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The STURGEON LAKE, MN real estate market (55783) currently shows 11 active listings, with 2 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 81 days last year.

The median listing price has risen 39.2% year-over-year, from $457,000 to $636,075.

Whether you are buying or selling in STURGEON LAKE, 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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Market Context

Market Context

Population: 2,416  ·  Density: 6.8/mi²  ·  Median household income: $76,115

Typical home value: $219,893  ·  Homeownership: 91.4%

Market Overview

Active Listings
11
⇧ 37.5% vs 8 last year
Pending
2
18% pending ratio
Median Price
$636,075
⇧ 39.2% vs $457,000 last year
Average Price
$950,095
⇧ 55.4% vs $611,243 last year
Days on Market
83
⇧ 2.5% vs 81 days last year

Price Per Square Foot

Median $/sqft
$273
⇩ 8.7% vs $299/sqft last year
Median Home Size
2,503 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 8 last year
  • Days on market: 83 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $636,075 (+39.2% YoY)
  • Average: $950,095 (+55.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.0 miles — 92 listings ($54,092,163 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55783Sturgeon Lake, MN 557830.0 mi8$9,349,184$943,250$1,168,648
55757Kettle River, MN 557577.4 mi3$1,553,901$599,900$517,967
55735Finlayson, MN 5573513.9 mi7$3,799,390$549,900$542,770
55704Askov, MN 5570416.0 mi1$109,000$109,000$109,000
55707Barnum, MN 5570716.5 mi2$1,155,000$577,500$577,500
55712Bruno, MN 5571220.7 mi2$1,049,998$524,999$524,999
55760Mcgregor, MN 5576022.2 mi16$9,960,528$612,400$622,533
55072Sandstone, MN 5507223.9 mi8$2,917,368$397,425$364,671
55718Carlton, MN 5571825.7 mi5$2,199,500$439,900$439,900
55037Hinckley, MN 5503728.3 mi10$4,889,270$362,400$488,927
55007Brook Park, MN 5500731.4 mi6$1,999,902$339,000$333,317
56431Aitkin, MN 5643134.5 mi22$14,149,322$406,225$643,151
56386Wahkon, MN 5638635.0 mi2$959,800$479,900$479,900

Frequently Asked Questions

How many homes are for sale in STURGEON LAKE, MN 55783?

As of March 2026, there are 11 active listings in STURGEON LAKE, MN (zip code 55783), compared to 8 the prior year.

What is the median home price in STURGEON LAKE, MN 55783?

The median listing price in STURGEON LAKE, MN 55783 is $636,075 as of March 2026, a 39.2% increase from $457,000 the prior year.

How long do homes stay on the market in STURGEON LAKE, MN?

Homes in STURGEON LAKE, MN 55783 spend an average of 83 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in STURGEON LAKE, MN 55783?

Based on current inventory and days-on-market data as of March 2026, STURGEON LAKE, MN 55783 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 81 days last year.

How much can I save on real estate commission in STURGEON LAKE, MN?

With SELL123.com's maximum 3% commission, sellers in STURGEON LAKE, MN 55783 save an estimated $12,722 compared to a typical 5% commission on the median listing price of $636,075. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.