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LAKE GEORGE, MN 56458

Real Estate Market Report  ·  Hubbard County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$289,997
⇩ 17.1% vs $350,000 last year
Average Price
$389,966
⇧ 18.2% vs $330,000 last year
Days on Market
45
⇩ 64.3% vs 126 days last year

Market Context

Population: 356  ·  Density: 6.5/mi²  ·  Median household income: $67,222

Typical home value: $212,492  ·  Homeownership: 92.6%

Market Analysis

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

The LAKE GEORGE, MN real estate market (56458) currently shows 3 active listings, with 1 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 126 days last year.

The median listing price has fallen 17.1% year-over-year, from $350,000 to $289,997.

Whether you are buying or selling in LAKE GEORGE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 45 now vs 126 last year

Median & Average Pricing

Year over Year
  • Median: $289,997 (-17.1% YoY)
  • Average: $389,966 (+18.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.4 miles — 275 listings ($121,369,041 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56458Lake George, MN 564580.0 mi3$1,169,898$289,997$389,966
56470Park Rapids, MN 5647013.0 mi47$23,320,178$329,000$496,174
56467Nevis, MN 5646717.0 mi11$11,598,598$359,900$1,054,418
56601Bemidji, MN 5660122.5 mi133$51,343,985$350,000$386,045
56633Cass Lake, MN 5663324.2 mi26$10,273,458$230,000$395,133
56621Bagley, MN 5662124.5 mi12$7,185,360$309,000$598,780
56570Osage, MN 5657026.3 mi6$1,945,800$249,000$324,300
56464Menahga, MN 5646430.4 mi23$9,088,864$394,900$395,168
56651Lengby, MN 5665133.5 mi2$1,398,500$699,250$699,250
56641Federal Dam, MN 5664134.5 mi0$0$350,000$350,000
56578Rochert, MN 5657836.5 mi1$450,000$450,000$450,000
56683Tenstrike, MN 5668337.8 mi2$1,078,900$539,450$539,450
56477Sebeka, MN 5647738.4 mi9$2,515,500$221,950$279,500

Frequently Asked Questions

How many homes are for sale in LAKE GEORGE, MN 56458?

As of January 2026, there are 3 active listings in LAKE GEORGE, MN (zip code 56458), compared to 2 the prior year.

What is the median home price in LAKE GEORGE, MN 56458?

The median listing price in LAKE GEORGE, MN 56458 is $289,997 as of January 2026, a 17.1% decrease from $350,000 the prior year.

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

Homes in LAKE GEORGE, MN 56458 spend an average of 45 days on the market before going under contract, compared to 126 days the prior year.

Is it a seller's or buyer's market in LAKE GEORGE, MN 56458?

Based on current inventory and days-on-market data as of January 2026, LAKE GEORGE, MN 56458 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 126 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE GEORGE, MN 56458 save an estimated $5,800 compared to a typical 5% commission on the median listing price of $289,997. 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.