Housing Prices in Lake Shore, MN
How much do homes in Lake Shore, MN cost?
Median List Price
$710,000
$355/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Lake Shore has increased by 5.2% since last year.
Summary: The median home list price in Lake Shore was $710,000 in March 2024, up 5.2% from the previous year, and the median price per square foot was $355.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $334.9K | +26.4% |
| 2 Bedrooms | $599.9K | $879.5K | +46.6% |
| 3 Bedrooms | $649.9K | $592.5K | -8.8% |
| 4 Bedrooms | $959K | $744.9K | -22.3% |
| 5+ Bedrooms | $1.5M | $1.2M | -19.0% |
Summary: Lake Shore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.4%, 2 bedroom homes increased by 46.6%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes decreased by 19%.
Median List Price Compared To Nearby Cities
| Nisswa | $599.9K | $637.4K | +6.3% |
| Lake Shore | $674.9K | $710K | +5.2% |
| Pequot Lakes | $399.9K | $419K | +4.8% |
| Loon Lake Township | $443.9K | $464.9K | +4.7% |
Housing Supply in Lake Shore, MN
How many homes are available in Lake Shore, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Summary: The Lake Shore real estate market had 14 homes for sale in March 2024, a 55.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Lake Shore housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Lake Shore, MN
How long does it take to sell a home in Lake Shore, MN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 167 Days | 90 Days | -46.0% |
Summary: Homes in Lake Shore had an average listing age of 90 days in Mar 2024, down by 46% compared to the previous year.
