Detroit Lakes Real Estate Market
The median sale price for homes in Detroit Lakes over the last 12 months is $290,000.
The median mortgage debt is $67,227.
The price per square foot for listings in this area is $95.
The median sale price in December for single family homes is $153,500. The sale prices dropped by -4.65% from the previous month.
The price per square foot for sales in this area is $86.
The number of active listings in Detroit Lakes dropped by 5.1% from the previous month.
The median number of days active properties have been listed is 33. This is significantly shorter than the national average.
The percent of rental properties in Detroit Lakes is 13.48% above the national average which is typical for urban areas.
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