Mille Lacs County, MN Home Values & Market Trends

The median home price in Mille Lacs County, MN is $290,414.22. There were 450 home sales in Mille Lacs County, MN over the past 12 months. The median residential Mille Lacs County, MN home value for transactions over the previous year is $250,000. The number of current listings in Mille Lacs County, MN is 49, and the percentage of properties for sale is 49.00%. The county has 14 foreclosures, 0 bank owned properties, 14 headed for auction, and 49 properties for sale.

Mille Lacs County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Princeton

$ 329,900

$ 173/sqft

Wahkon

$ 779,000

$ 427/sqft

Milaca

$ 290,304

$ 157/sqft

Foreston

$ 279,504

$ 162/sqft

Isle

$ 396,950

$ 259/sqft

Pease

$ 140,795

$ 145/sqft

Onamia

$ 295,792

$ 216/sqft

Bock

$ --

$ --

Housing Market Summary for Mille Lacs County, MN

Apr 2023March 2024Change
Median Listing Price$294.5K$285.9K-2.92%
Median Sold Price$259.9K$285.9K10.01%
Homes For Sale324025.00%
Homes Sold21031650.48%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mille Lacs County, MN

Mille Lacs County, MN home values range from $19,106 to $1,336,459. Wahkon is the priciest city with a median listing home price of $434,950, and Pease is most affordable with average house prices of around $199,900.

Foreclosure
There are 8 cities within Mille Lacs County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $580,624 in Foreston to the lowest value of $101,006 in Foreston. Foreclosure homes account for 0.00% of properties in Mille Lacs County, MN with Princeton containing 13 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mille Lacs County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Mille Lacs County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mille Lacs County, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mille Lacs County, MN. There are 8 cities within Mille Lacs County, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Princeton has 13 auction properties, the highest number of properties going to auction in a single city in the state of Mille Lacs County, MN. Auction homes and other auction properties account for 0.14% of all properties in Mille Lacs County, MN. There are 8 cities within Mille Lacs County, MN; of those cities, the median estimated home value for homes going to auction ranges from $580,624 in Princeton to the lowest value of $101,006 in Princeton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.49% of residential properties in Mille Lacs County, MN with Princeton containing 17 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Mille Lacs County, MN; homes for sale in those cities, have a range of median values from $779,000 in Wahkon to the lowest value of $129,440 in Onamia.
    Sold Homes
    The median value for recently sold homes ranges from $177,590 in Pease to the lowest price of $23,452 in Pease. There are 8 cities within Mille Lacs County, MN. Princeton has 140 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.84% of properties in Mille Lacs County, MN.

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      Guide for Mille Lacs County, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Mille Lacs County, MN

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