Local Market0 views · 1 answer
Are buyers active in Detroit Lakes?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 43/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.39
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 45
- YoY days on market
- Price cuts
- 37.6%
- YoY of active listings
Buyer demand in Detroit Lakes is **actively shopping** as of May 2026. The pending ratio is 0.39 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 45 days to go under contract. Active inventory is +4.3% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 37.6% of listings have cut price. Overall, the Primpted Sold Score for Detroit Lakes is 43/100 (Fair Chance of Selling).
— Live indicators (May 2026): Sold Score: 43/100 (Fair Chance of Selling) · Pending ratio: 0.39 · Inventory YoY: +4.3% · Median days on market: 45 · Sellers cutting price: 37.6% · Median listing price: $476,950 (-1.1% YoY)
Detroit Lakes snapshot
As of the latest 2026 data- Median listing
- $477K
- YoY -0.0%
- Active inventory
- 186
- YoY +0.0%
- Median DOM
- 50
- YoY +0.0%
- Pending ratio
- 0.38
- YoY -0.0%
- Price-reduced
- 30.0%
- YoY +0.0%