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Featured local agent — Maple Lake, MN
Sarah Mitchell
Compass Real Estate · Maple Lake, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Maple Lake, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$340,000median sale price
How is the Maple Lake, MN housing market right now?
The median home sale price in Maple Lake, MN is $340,000, down 19.1% year-over-year. Homes sell in an average of 147 days with 12 active listings. The market is currently a buyer'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 Maple Lake a buyer's or seller's market?
Maple Lake, MN is currently a buyer's market, based on 12.0 months of supply and homes selling in about 147 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
147
Average pace
Active listings
12
12.0 months supply
Sale-to-list
100.0%
Above asking
What does the Maple Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $340,000 |
| Median list price | $320,000 |
| Year-over-year price change | -19.1% |
| Average days on market | 147 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $185/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 11 |
| Listings with a price cut | 8.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Maple Lake by property type?
How the Maple 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 | $340,000 | $185/sq ft | 1 | 147 days |
| Condo / Co-op | $312,000 | $218/sq ft | 1 | 161 days |
| Townhouse | $267,000 | $210/sq ft | 1 | 78 days |
Source: Redfin · Updated monthly
The Maple Lake housing market is currently classified as a buyer's market with a median sale price of $340,000. Prices have fallen 19.1% compared to last year, with homes spending an average of 147 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Maple Lake
There are currently 12 homes listed for sale in Maple Lake, Minnesota. The median listing price is $320K.
Active listings
12
Homes on market
Median list price
$320K
Avg. days on market
147
Days until sale
New this week
11
Newly listed
Who lives in Maple Lake?
Population
2,104
Median income
$75,469/yr
Median age
32.9 years
Owner-occupied
80.7%
College grads
15.9%
Avg commute
30.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Maple Lake?
Zillow home value
$383,539
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Maple Lake?
Maple Lake is a community of approximately 2K residents with a median age of 32.9 years.The median household income is $75,469, which reflects a relatively affluent area with strong earning potential. 15.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Maple Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Maple Lake?
2 schools tracked · 786 students
The largest public schools serving Maple 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.
MAPLE LAKE ELEMENTARY
Grades PK-6 · 407 students
MAPLE LAKE SECONDARY
Grades 7-12 · 379 students
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 Maple Lake, MN?
Want a head-to-head view? Compare Maple 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 Maple Lake?
The median home sale price in Maple Lake is $340,000, down 19.1% from last year.
How long do homes stay on market in Maple Lake?
Homes typically spend 147 days on market before going under contract.
What is the median income in Maple Lake?
The median household income is $75,469 per year.
Is Maple Lake a buyer's or seller's market?
With 12.0 months of supply, Maple Lake is currently a buyer's market.
What is the Zillow home value estimate for Maple Lake?
The Zillow Home Value Index (ZHVI) for Maple Lake is $383,539, representing the typical home value in the area.
What is the median condo price in Maple Lake?
The median condo/co-op sale price in Maple Lake, MN is $312,000, compared to $340,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Maple Lake?
The median single-family home price in Maple Lake, MN is $340,000 (about $185 per square foot).
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