Lake of the Woods County, MN home prices
Lake of the Woods County, MN: the typical home is worth $232,473 as of 2026-05, up +4.2% over the past year and n/a since 2000. Listings run about $198/sq…
Lake of the Woods County is cooling and fairly valued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $124,670 → 2026: $232,473 (1.9×)
Market read
At $232,473, homes in Lake of the Woods County sit 15% below the Minnesota median ($272,151) and 1% below the US median ($233,954). That ranks #58 of 87 Minnesota counties by price.
Prices are holding steady (+4.2% in the last year) — a balanced market.
Homes here move at a steady pace — a median 58 days on the market, with 14% of listings cutting their asking price.
At 3.5× local income, that's more affordable than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Roseau County, MN ($225,925) · Beltrami County, MN ($267,423) · Koochiching County, MN ($157,112) · Pennington County, MN ($194,578) · Marshall County, MN ($209,993) · Red Lake County, MN ($214,356)
Frequently asked questions
What is the average home price in Lake of the Woods County, MN?
Are home prices in Lake of the Woods County rising or falling?
Is Lake of the Woods County affordable?
How fast do homes sell in Lake of the Woods County?
| Year | Median home value |
|---|---|
| 2013 | $124,670 |
| 2014 | $132,572 |
| 2015 | $132,709 |
| 2016 | $146,521 |
| 2017 | $153,895 |
| 2018 | $159,053 |
| 2019 | $163,036 |
| 2020 | $175,603 |
| 2021 | $190,501 |
| 2022 | $211,612 |
| 2023 | $219,429 |
| 2024 | $207,725 |
| 2025 | $221,622 |