Selling0 views · 1 answer
Is now a good time to sell 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
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%