Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Mille Lacs County is cooling and overvalued — very affordable for what people here earn.

Momentum+2.9%Cooling
Valuation+19%Elevated
Affordability8/10Very affordable
Market42 daysBalanced

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

Typical value$315,6952026-05
1-year+2.9%
5-year+22.7%
10-year+90.6%
Since 2000n/a
Population27k2024
Median income$70,5122023 · 4.5× income
New homes/yr1622024
Price / sq ft$228listings
Days on market422026-06
Active listings922026-06
Price cuts22%of listings

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 →

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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?
The typical home in Mille Lacs County is worth $315,695 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Mille Lacs County rising or falling?
Prices are up +2.9% over the past year and n/a since 2000 — a balanced market.
Is Mille Lacs County affordable?
At 4.5× the local median income of $70,512, Mille Lacs County is pricier than the typical US county.
How fast do homes sell in Mille Lacs County?
Homes here take a median of 42 days to sell, with 22% of listings cutting their asking price.
Median home value by year
YearMedian 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