Housing in Pequot Lakes, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$386,500
Median List Price
$395,000
Price Per Sq Ft
$321
Days on Market
68
Active Inventory
8
Months of Supply
1.0
Seller's market
Zillow Home Value
$326,853
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
96.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$321
Median List $/SF
$440
Pequot Lakes vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Pequot Lakes 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
$246,400
Median Rent
$792
Total Housing Units
1,324
Vacancy Rate
26.7%
Owner Occupied
66.8%
Renter Occupied
33.2%
Median Property Tax
$2,183
per year
Monthly Cost (w/ Mortgage)
$1,089
Housing Types
The current median sale price in Pequot Lakes, MN is $386,500 according to Redfin data. Homes spend a median of 68 days on the market. 12.5% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $321. The median rent is $792 per month (Census ACS). About 66.8% of housing units are owner-occupied. The median year homes were built is 1993. There are 1,324 total housing units.