Housing in Martin Lake, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — November 2025Median Sale Price
$377,000
Median List Price
$625,000
Price Per Sq Ft
$336
Days on Market
140
Active Inventory
2
Months of Supply
2.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
100.5%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$336
Median List $/SF
$258
Martin Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Martin 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
$426,100
Median Rent
$1,589
Total Housing Units
541
Vacancy Rate
9.4%
Owner Occupied
68.2%
Renter Occupied
31.8%
Median Property Tax
$2,728
per year
Monthly Cost (w/ Mortgage)
$1,365
Housing Types
The current median sale price in Martin Lake, MN is $377,000 according to Redfin data. Homes spend a median of 140 days on the market. 100.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $336. The median rent is $1,589 per month (Census ACS). About 68.2% of housing units are owner-occupied. The median year homes were built is 1985. There are 541 total housing units.