
185 Ave SE
Big Lake, MN
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Featured local agent — Big Lake, MN
Compass Real Estate · Big Lake, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$337,850median sale price
The median home sale price in Big Lake, MN is $337,850, up 10.8% year-over-year. Homes sell in an average of 21 days with 19 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Big Lake, MN is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
21
Average pace
Active listings
19
1.0 months supply
Sale-to-list
100.3%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $337,850 |
| Median list price | $372,750 |
| Year-over-year price change | +10.8% |
| Average days on market | 21 days |
| Active inventory | 19 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 15 |
| Listings with a price cut | 21.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Big Lake, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $350,000 | $178/sq ft | 15 | 16 days |
| Townhouse | $299,900 | $155/sq ft | 5 | 98 days |
Source: Redfin · Updated monthly
The Big Lake housing market is currently classified as a strong seller's market with a median sale price of $337,850. Prices have risen 10.8% compared to last year, with homes spending an average of 21 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
There are currently 19 homes listed for sale in Big Lake, Minnesota. The median listing price is $373K. Featured listings range from $135,900 to $675,000.

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN

Big Lake, MN
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Active listings
19
Homes on market
Median list price
$373K
Avg. days on market
21
Days until sale
New this week
15
Newly listed
Population
12,115
Median income
$113,333/yr
Median age
31.7 years
Owner-occupied
86.6%
College grads
26.9%
Avg commute
32.1 min
Source: U.S. Census Bureau ACS
Zillow home value
$379,876
Zillow rent index
$1,573/mo
Price-to-rent ratio
20.1x
Price-to-income
3.4x
Source: Zillow Research
Big Lake is a community of approximately 12K residents with a median age of 31.7 years.The median household income is $113,333, which reflects a relatively affluent area with strong earning potential. 26.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Big Lake offers a balanced lifestyle with accessible home values relative to local income levels.
7 schools tracked · 3,186 students
The largest public schools serving Big Lake, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BIG LAKE SENIOR HIGH
Grades 9-12 · 850 students
LIBERTY ELEMENTARY
Grades PK-2 · 760 students
INDEPENDENCE ELEMENTARY
Grades 3-5 · 694 students
BIG LAKE MIDDLE SCHOOL
Grades 6-8 · 645 students
Big Lake Online 6-12
Grades 6-12 · 184 students
SNW - Big Lake HS Transitions
Grades 9-12 · 29 students
Big Lake Online K-5
Grades K-5 · 24 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Big Lake side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Big Lake, the price-to-rent ratio of 20.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 10.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Big Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Big Lake's median home price.
The median home sale price in Big Lake is $337,850, up 10.8% from last year.
Homes typically spend 21 days on market before going under contract.
The median household income is $113,333 per year.
With 1.0 months of supply, Big Lake is currently a strong seller's market.
There are currently 19 homes listed for sale in Big Lake, MN.
The Zillow Home Value Index (ZHVI) for Big Lake is $379,876, representing the typical home value in the area.
The median single-family home price in Big Lake, MN is $350,000 (about $178 per square foot).
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