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Featured local agent — Long Lake, MN
Sarah Mitchell
Compass Real Estate · Long Lake, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Long Lake, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$560,000median sale price
How is the Long Lake, MN housing market right now?
The median home sale price in Long Lake, MN is $560,000, down 15.8% year-over-year. Homes sell in an average of 32 days with 1 active listings. The market is currently a 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.)
Is Long Lake a buyer's or seller's market?
Long Lake, MN is currently a seller's market, based on 0.3 months of supply and homes selling in about 32 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
32
Average pace
Active listings
1
0.3 months supply
Sale-to-list
98.8%
Below asking
What does the Long Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Median list price | $575,000 |
| Year-over-year price change | -15.8% |
| Average days on market | 32 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $215/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Long Lake by property type?
How the Long 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 | $577,500 | $251/sq ft | 2 | 13 days |
| Condo / Co-op | $475,000 | $273/sq ft | 1 | 91 days |
| Townhouse | $547,450 | $212/sq ft | 2 | 37 days |
Source: Redfin · Updated monthly
The Long Lake housing market is currently classified as a seller's market with a median sale price of $560,000. Prices have fallen 15.8% compared to last year, with homes spending an average of 32 days on market, indicating 0.3 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 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Long Lake
There are currently 1 homes listed for sale in Long Lake, Minnesota. The median listing price is $575K.
Active listings
1
Homes on market
Median list price
$575K
Avg. days on market
32
Days until sale
New this week
3
Newly listed
Who lives in Long Lake?
Population
1,710
Median income
$95,972/yr
Median age
41.9 years
Owner-occupied
69.0%
College grads
54.5%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Long Lake?
Zillow home value
$438,510
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Long Lake?
Long Lake is a community of approximately 2K residents with a median age of 41.9 years.The median household income is $95,972, which reflects a relatively affluent area with strong earning potential. 54.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Long Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Long Lake?
7 schools tracked · 2,916 students
The largest public schools serving Long 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.
ORONO SENIOR HIGH
Grades 9-12 · 945 students
ORONO MIDDLE
Grades 6-8 · 704 students
ORONO INTERMEDIATE ELEMENTARY
Grades 3-5 · 650 students
SCHUMANN ELEMENTARY
Grades PK-2 · 617 students
Orono HS ALC
Grades 9-12
Orono HS IS
Grades 9-12
Orono Online Learning
Grades 6-12
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 Long Lake, MN?
Want a head-to-head view? Compare Long 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 Long Lake?
The median home sale price in Long Lake is $560,000, down 15.8% from last year.
How long do homes stay on market in Long Lake?
Homes typically spend 32 days on market before going under contract.
What is the median income in Long Lake?
The median household income is $95,972 per year.
Is Long Lake a buyer's or seller's market?
With 0.3 months of supply, Long Lake is currently a seller's market.
What is the Zillow home value estimate for Long Lake?
The Zillow Home Value Index (ZHVI) for Long Lake is $438,510, representing the typical home value in the area.
What is the median condo price in Long Lake?
The median condo/co-op sale price in Long Lake, MN is $475,000, compared to $577,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Long Lake?
The median single-family home price in Long Lake, MN is $577,500 (about $251 per square foot).
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