Pelican Lake, MN has a median housing value of $360,500. This is slightly above the national median housing value of $338,100. Over the last year, house values in Pelican Lake have appreciated at a rate of 7.77%, which is slightly lower than the US 1 year appreciation rate of 8.27%. This suggests that while housing prices are still on the rise in Pelican Lake, they may not be increasing as quickly as those across the US overall.
The median home cost in Pelican Lake is $360,500. Home appreciation the last 10 years has been 77.6%. Home Appreciation in Pelican Lake is up 13.6%.
Average Age of Homes
- The median age of Pelican Lake real estate is 38 years old
The Rental Market in Pelican Lake
- Renters make up 5.1% of the Pelican Lake population
- 0.0% of houses and apartments in Pelican Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.