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How competitive is the Lake of the Woods housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
49/100
YoY Fair Chance of Selling
Pending ratio
0.52
YoY contracts vs active
Inventory YoY
+0.3%
YoY active listings
Median DOM
36
YoY days on market
Price cuts
34.8%
YoY of active listings
Lake of the Woods is competitive as of May 2026, with a Sold Score of 49/100 (Fair Chance of Selling). **Pending ratio** is 0.52 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +27.0% — more choices for buyers than a year ago. **Median days on market** is 36. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 34.8% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 49/100 (Fair Chance of Selling) · Pending ratio: 0.52 · Inventory YoY: +27.0% · Median days on market: 36 · Sellers cutting price: 34.8% · Median listing price: $475,000 (+0.0% YoY)

Lake of the Woods snapshot

As of the latest 2026 data
Median listing
$475K
YoY +0.0%
Active inventory
222
YoY +0.3%
Median DOM
41
YoY +0.1%
Pending ratio
0.42
YoY -0.2%
Price-reduced
25.3%
YoY +0.0%

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