The Detroit Lakes housing market is somewhat competitive. The median sale price of a home in Detroit Lakes was $272K last month, down 32.4% since last year. The median sale price per square foot in Detroit Lakes is $159, down 15.4% since last year.
What is the housing market like in Detroit Lakes today?
$272K
Sale Price
-32.4% since last year
$159
Sale $/Sq. Ft.
-15.4% since last year
Under List Price
3.9%
Days on Market
39
Down Payment
—
Total Homes Sold
8
To compare other locations to the Detroit Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit Lakes add value to a home.
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How hot is the Detroit Lakes housing market?
Detroit Lakes is somewhat competitive. Homes sell in 39 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Detroit Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Detroit Lakes.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Detroit Lakes has a minor risk of flooding. 349 properties in Detroit Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Detroit Lakes. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Detroit Lakes has a major risk of wildfire. There are 5,206 properties in Detroit Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Detroit Lakes.
Detroit Lakes has minimal risk of severe winds over the next 30 years
Wind Factor
Detroit Lakes has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.