Lake County, MN Housing

The housing market in Lake, MN County is thriving. The median value of homes is $236,200, significantly lower than the US House median value of $338,100. Despite this difference, home appreciation in the county has been quite strong over the past year with an impressive 15.27% increase compared to the national average of 8.27%. With its relatively low prices and high appreciation rates, Lake, MN County is an attractive option for those looking to invest in real estate.

The median home cost in Lake County is $236,200. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Lake County is up 13.9%.

Average Age of Homes

- The median age of Lake County real estate is 51 years old

The Rental Market in Lake County

- Renters make up 11.6% of the Lake County population
- 0.4% of houses and apartments in Lake County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake, Minnesota	United States
	7,393.0	139,647,020.0
	51	42
	$236,200	$338,100
	13.9%	16.6%
	49.8%	57.0%
	70.1%	101.1%
	$7.90	$10.98
	$1,448	$2,690
	56.3%	57.4%
	31.9%	11.2%
	11.8%	31.4%
Vacant Housing
	0.4%	1.9%
	0.6%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	28.7%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.6%	2.4%
	2.4%	2.8%
	3.6%	3.9%
	6.6%	4.5%
	18.8%	11.3%
	20.7%	13.0%
	23.4%	20.1%
	8.5%	13.6%
	3.9%	8.3%
	7.2%	9.7%
	0.6%	3.9%
	0.8%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	8.8%	13.6%
	9.4%	13.2%
	15.1%	14.8%
	8.8%	13.6%
	19.4%	10.0%
	5.7%	4.7%
	15.2%	12.2%

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