Housing in Big Lake, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$325,000

Median List Price

$305,000

Price Per Sq Ft

$167

Days on Market

31

Active Inventory

20

Months of Supply

4.0

Balanced market

Zillow Home Value

$359,215

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 6.6%List Price ↓ 5.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

42.9%

Sale-to-List Ratio

100.9%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
42.9%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

10

Pending Sales

7

Homes Sold ↓ 61.5%New Listings ↓ 54.5%Pending ↓ 58.8%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$167

Median List $/SF

$157

Sale $/SF ↓ 6.2%List $/SF ↓ 18.2%Mar 24 → Jan 26

Big Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Big Lake is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$251,000

Median Rent

N/A

Total Housing Units

208

Vacancy Rate

42.8%

Owner Occupied

88.2%

Renter Occupied

11.8%

Median Property Tax

$2,940

per year

Monthly Cost (w/ Mortgage)

$1,313

Housing Types

Single Family
88.9%
Multi-Family
5.8%
Mobile Home
5.3%

The current median sale price in Big Lake, MN is $325,000 according to Redfin data. Homes spend a median of 31 days on the market. 40.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $167. About 88.2% of housing units are owner-occupied. The median year homes were built is 1976. There are 208 total housing units.