Local Market0 views · 1 answer
How competitive is the Lake of the Woods housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 33/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.30
- YoY contracts vs active
- Inventory YoY
- +0.4%
- YoY active listings
- Median DOM
- 50
- YoY days on market
- Price cuts
- 32.9%
- YoY of active listings
Lake of the Woods is soft for sellers as of August 2026, with a Sold Score of 33/100 (Challenging Market Conditions).
**Pending ratio** is 0.30 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +44.9% — more choices for buyers than a year ago.
**Median days on market** is 50. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 32.9% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 33/100 (Challenging Market Conditions) · Pending ratio: 0.30 · Inventory YoY: +44.9% · Median days on market: 50 · Sellers cutting price: 32.9% · Median listing price: $450,000 (-3.2% YoY)
Lake of the Woods snapshot
As of the latest 2026 data- Median listing
- $450K
- YoY -0.0%
- Active inventory
- 255
- YoY +0.4%
- Median DOM
- 50
- YoY +0.1%
- Pending ratio
- 0.30
- YoY -0.2%
- Price-reduced
- 21.3%
- YoY -0.0%