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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cass Lake, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cass Lake, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cass Lake, MN Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$33,875median sale price

How is the Cass Lake, MN housing market right now?

The median home sale price in Cass Lake, MN is $33,875. Homes sell in an average of 492 days with 6 active listings. The market is currently a leaning buyer's. (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.)

Is Cass Lake a buyer's or seller's market?

Leaning buyer's3.0 months of supply492 avg. days on market

Cass Lake, MN is currently a leaning buyer's, based on 3.0 months of supply and homes selling in about 492 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

492

Average pace

Active listings

6

3.0 months supply

Sale-to-list

91.4%

Below asking

What does the Cass Lake housing market data show?

Current housing market statistics for Cass Lake, MN
MetricValue
Median sale price$33,875
Average days on market492 days
Active inventory6 listings
Months of supply3.0 months
Sale-to-list price ratio91.4%
Median price per sq ft$27/sq ft
Homes sold (latest month)2
Listings with a price cut16.7%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Cass Lake by property type?

How the Cass Lake, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cass Lake, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$33,875$27/sq ft2492 days

Source: Redfin · Updated monthly

The Cass Lake housing market is currently classified as a leaning buyer's with a median sale price of $33,875. Prices have fallen 0.0% compared to last year, with homes spending an average of 492 days on market, indicating 3.0 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 5.2x provides context for how home values compare to local earning capacity.

Homes for sale in Cass Lake

There are currently 6 homes listed for sale in Cass Lake, Minnesota.

Active listings

6

Homes on market

Avg. days on market

492

Days until sale

Price drops:16.7%of listings
Sale-to-list:91.4%

Who lives in Cass Lake?

Population

492

Median income

$47,045/yr

Median age

34.8 years

Owner-occupied

27.6%

College grads

21.5%

Avg commute

13.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Cass Lake?

Zillow home value

$245,632

Price-to-income

5.2x

Source: Zillow Research

What is it like to live in Cass Lake?

Cass Lake is a community of approximately 0K residents with a median age of 34.8 years.The median household income is $47,045, which represents a working-class community with solid middle-income opportunities. 21.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 27.6%, showing a blend of owner and renter-occupied properties. The average commute time is 13.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cass Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Cass Lake?

4 schools tracked · 1,112 students

The largest public schools serving Cass 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.

CASS LAKE-BENA ELEMENTARY

Grades PK-4 · 458 students

Public

CASS LAKE-BENA MIDDLE SCHOOL

Grades 5-8 · 303 students

Public

CASS LAKE-BENA SECONDARY

Grades 9-12 · 253 students

Public

CASS LAKE-BENA AREA LRNG. CNTR.

Grades 7-12 · 98 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Cass Lake, MN?

Want a head-to-head view? Compare Cass Lake side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Cass Lake?

The median home sale price in Cass Lake is $33,875, down 0.0% from last year.

How long do homes stay on market in Cass Lake?

Homes typically spend 492 days on market before going under contract.

What is the median income in Cass Lake?

The median household income is $47,045 per year.

Is Cass Lake a buyer's or seller's market?

With 3.0 months of supply, Cass Lake is currently a leaning buyer's.

What is the Zillow home value estimate for Cass Lake?

The Zillow Home Value Index (ZHVI) for Cass Lake is $245,632, representing the typical home value in the area.

How much does a single-family home cost in Cass Lake?

The median single-family home price in Cass Lake, MN is $33,875 (about $27 per square foot).

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