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Is now a good time to sell in Detroit Lakes?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
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
It's a fair time, not a clearly favorable one. Detroit Lakes has a Sold Score of 43/100 in May 2026 (Fair Chance of Selling) — pricing realistically is doing most of the work. Pending ratio is 0.39 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +4.3% year over year, expanding the pool you're competing in. Median days on market sit at 45. 37.6% of active listings have already reduced asking price. — 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%

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