If you need assistance, please call 218-851-8550

Pequot Lakes Market Report

$620,805

AVERAGE PRICE OF 73 HOMES

$314,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$4,098,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$530,235

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$363,172

AVERAGE PRICE OF 11 HOMES WITH A POOL

$325,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $620,805
Avg Bedrooms 1.93 beds
Avg Bathrooms 1.71 baths

Average Price by Bedrooms

1 bedroom $350,000
2 bedrooms $458,933
3 bedrooms $931,955
4 bedrooms $553,716
5 bedrooms $591,150
Pequot Lakes Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 61 56 57 55 61
Average Price $636,794 $667,542 $531,898 $290,356 $356,200
Avg Price Change -4.83% +25.50% +83.19% -22.68% -62.09%
Median Price $311,435 $272,400 $197,400 $209,207 $263,506
Med Price Change +14.33% +37.99% -5.98% -25.95% -13.77%
Avg Bedrooms 1.82 beds 1.7 beds 1.45 beds 1.35 beds 1.37 beds
Avg Bathrooms 1.57 baths 1.5 baths 1.3 baths 1.18 baths 1.22 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 73 $620,805 126 days
Distressed Homes 2 $314,450 48 days
Multi-Million Dollar Homes 5 $4,098,000 100 days
Newly Built Homes 14 $530,235 98 days
Homes with a Pool 11 $363,172 238 days
Reduced Price Homes 1 $325,000 30 days
Chad Schwendeman Real Estate Group brokered by eXp Realty
Chad Schwendeman
7153 Forthun Road, Suite 120
Baxter, MN 56425
218-851-8550

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Exit Lakes Realty Premier are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated April 20, 2024
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Chad Schwendeman Sites are marked with the Broker ReciprocitySM logo or the Broker Reciprocity and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2024Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated April 20, 2024
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