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Pequot Lakes Market Report

$586,115

AVERAGE PRICE OF 73 HOMES

$117,400

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,018,750

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$458,475

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$346,857

AVERAGE PRICE OF 7 HOMES WITH A POOL

$339,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $586,115
Avg Bedrooms 1.52 beds
Avg Bathrooms 1.49 baths

Average Price by Bedrooms

2 bedrooms $966,088
3 bedrooms $974,100
4 bedrooms $591,333
5 bedrooms $714,900
Pequot Lakes Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 80 87 80 77 54
Average Price $539,642 $525,726 $549,279 $578,041 $677,196
Avg Price Change +2.65% -4.48% -5.24% -17.15% +6.13%
Median Price $295,928 $312,303 $340,167 $327,351 $404,763
Med Price Change -5.53% -8.92% +3.92% -23.65% +2.12%
Avg Bedrooms 1.63 beds 1.64 beds 1.46 beds 1.48 beds 1.51 beds
Avg Bathrooms 1.52 baths 1.4 baths 1.28 baths 1.34 baths 1.34 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 73 $586,115 120 days
Distressed Homes 4 $117,400 72 days
Multi-Million Dollar Homes 12 $2,018,750 120 days
Newly Built Homes 8 $458,475 55 days
Homes with a Pool 7 $346,857 92 days
Reduced Price Homes 1 $339,900 16 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 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated October 2, 2023
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. Copyright2023Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated October 2, 2023
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