Housing in Ham Lake, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$408,500
Median List Price
$827,900
Price Per Sq Ft
$198
Days on Market
61
Active Inventory
25
Months of Supply
4.2
Balanced market
Zillow Home Value
$482,579
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
37.5%
Sale-to-List Ratio
95.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
16
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$198
Median List $/SF
$258
Ham Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Ham Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$430,100
Median Rent
$1,319
Total Housing Units
6,024
Vacancy Rate
1.5%
Owner Occupied
95.2%
Renter Occupied
4.8%
Median Property Tax
$3,549
per year
Monthly Cost (w/ Mortgage)
$1,714
Housing Types
The current median sale price in Ham Lake, MN is $408,500 according to Redfin data. Homes spend a median of 61 days on the market. 16.7% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $198. The median rent is $1,319 per month (Census ACS). About 95.2% of housing units are owner-occupied. The median year homes were built is 1993. There are 6,024 total housing units.