Detroit Lakes, MN
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Detroit Lakes market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Detroit Lakes, MN.
The Detroit Lakes metro currently exhibits a Very Weak market condition, with the pending ratio registering at 0.18. This metric indicates a significant disparity between demand and available inventory, where demand absorption is severely lagging supply.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Detroit Lakes market right now.
Active listings have seen an 8.6% increase over the past year, contributing to an expanding inventory. Concurrently, new listings declined by 13.3% year-over-year. The median listing price registered a modest 1.3% gain year-over-year, alongside a 1.0% increase month-over-month. Days on market have slightly decreased by 2.9% over the past year, yet the pending ratio experienced an 8.0% decline year-over-year, reinforcing the prevailing market weakness.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In this environment, market conditions place significant inventory pressure on available listings, leading to extended market exposure. While median days on market saw a slight reduction over the past year, the low demand absorption rate suggests that properties may require substantial price discipline to achieve transaction, granting greater leverage for demand-side participants.
The average listing price has risen by 6.4% over the past year, outpacing the 1.3% increase in the median listing price, suggesting a divergence in price dynamics at higher price points. The median $/sqft saw a 7.0% year-over-year increase, however, the elevated average-vs-median spread warrants attention for higher-tier segments.
202 active listings represent the current floor, with new supply arriving at roughly 52 per month.
of active listings carry a price reduction, +8.5% from prior period.
Median price per square foot has moved +7.0% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Detroit Lakes, MN? Buyer Demand Index is running at 18%.
Buyers have leverage in Detroit Lakes, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 18%
- Median Days on Market
- 66 days
- Inventory YoY
- +9%
In a buyer's market, strategy beats timing. See how your home scores in Detroit Lakes, MN and what moves the number.
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Metro Demographics
ZIPs in Detroit Lakes, MN
56560
moorhead
$319K
186 active · 47 DOM
56501
detroit lakes
$450K
132 active · 70 DOM
56537
fergus falls
$302K
64 active · 47 DOM
56572
pelican rapids
$695K
42 active · 89 DOM
56573
perham
$370K
41 active · 67 DOM
56515
battle lake
$540K
32 active · 96 DOM
56571
ottertail
$365K
30 active · 104 DOM
56544
frazee
$400K
27 active · 64 DOM
56520
breckenridge
$260K
25 active · 74 DOM
56528
dent
$434K
25 active · 74 DOM
56529
dilworth
$396K
22 active · 37 DOM
56549
hawley
$449K
19 active · 58 DOM
56587
vergas
$495K
19 active · 80 DOM
56535
erskine
$600K
17 active · 73 DOM
56547
glyndon
$350K
17 active · 51 DOM
56514
barnesville
$398K
14 active · 47 DOM
56554
lake park
$550K
13 active · 27 DOM
56567
new york mills
$266K
12 active · 47 DOM
Sorted by active inventory · click a ZIP for its full report