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Featured local agent — Lake Henry, MN
Sarah Mitchell
Compass Real Estate · Lake Henry, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Henry, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$220,000median sale price
How is the Lake Henry, MN housing market right now?
The median home sale price in Lake Henry, MN is $220,000. Homes sell in an average of 33 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of December 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Henry a buyer's or seller's market?
Lake Henry, MN is currently a balanced market and homes selling in about 33 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
33
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Lake Henry housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $220,000 |
| Average days on market | 33 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Henry by property type?
How the Lake Henry, 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 | $220,000 | $121/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The Lake Henry housing market is currently classified as a balanced market with a median sale price of $220,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 33 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Henry
Explore homes currently listed for sale in Lake Henry, Minnesota across major real estate platforms.
Who lives in Lake Henry?
Population
80
Median income
$103,036/yr
Median age
35 years
Owner-occupied
89.7%
College grads
4.7%
Avg commute
13.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Henry?
Lake Henry is a community of approximately 0K residents with a median age of 35 years.The median household income is $103,036, which reflects a relatively affluent area with strong earning potential. 4.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 13.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Henry offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Henry, MN?
Want a head-to-head view? Compare Lake Henry side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Henry?
The median home sale price in Lake Henry is $220,000, down 0.0% from last year.
How long do homes stay on market in Lake Henry?
Homes typically spend 33 days on market before going under contract.
What is the median income in Lake Henry?
The median household income is $103,036 per year.
How much does a single-family home cost in Lake Henry?
The median single-family home price in Lake Henry, MN is $220,000 (about $121 per square foot).
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