Mille Lacs County, MN home prices
Mille Lacs County, MN: the typical home is worth $315,695 as of 2026-05, up +2.9% over the past year and n/a since 2000. Listings run about $228/sq ft…
Mille Lacs County is cooling and overvalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1992: $84,300 → 2026: $315,695 (3.7×) pre-2000 estimated via FHFA index
Market read
At $315,695, homes in Mille Lacs County sit 16% above the Minnesota median ($272,151) and 35% above the US median ($233,954). That ranks #29 of 87 Minnesota counties by price.
Prices are holding steady (+2.9% in the last year) — a balanced market.
Homes here move at a steady pace — a median 42 days on the market, with 22% of listings cutting their asking price.
At 4.5× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~19% expensive for local incomes and rents.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Kanabec County, MN ($272,151) · Benton County, MN ($314,174) · Isanti County, MN ($341,503) · Morrison County, MN ($312,917) · Sherburne County, MN ($390,542) · Pine County, MN ($261,402)
Frequently asked questions
What is the average home price in Mille Lacs County, MN?
Are home prices in Mille Lacs County rising or falling?
Is Mille Lacs County affordable?
How fast do homes sell in Mille Lacs County?
| Year | Median home value |
|---|---|
| 2007 | $137,873 |
| 2008 | $132,491 |
| 2009 | $122,688 |
| 2010 | $116,089 |
| 2011 | $108,291 |
| 2012 | $112,599 |
| 2013 | $136,204 |
| 2014 | $153,554 |
| 2015 | $161,278 |
| 2016 | $169,829 |
| 2017 | $183,736 |
| 2018 | $196,698 |
| 2019 | $211,723 |
| 2020 | $233,070 |
| 2021 | $272,589 |
| 2022 | $287,654 |
| 2023 | $290,570 |
| 2024 | $297,044 |
| 2025 | $307,117 |