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Featured local agent — North Oaks, MN
Sarah Mitchell
Compass Real Estate · North Oaks, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Oaks, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.11Mmedian sale price
How is the North Oaks, MN housing market right now?
The median home sale price in North Oaks, MN is $1.11M, up 20.0% year-over-year. Homes sell in an average of 41 days with 20 active listings. The market is currently a balanced 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 North Oaks a buyer's or seller's market?
North Oaks, MN is currently a balanced market, based on 5.0 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
41
Average pace
Active listings
20
5.0 months supply
Sale-to-list
97.0%
Below asking
What does the North Oaks housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.11M |
| Median list price | $955,000 |
| Year-over-year price change | +20.0% |
| Average days on market | 41 days |
| Active inventory | 20 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $294/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 10 |
| Listings with a price cut | 40.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in North Oaks by property type?
How the North Oaks, 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 | $1.31M | $266/sq ft | 3 | 73 days |
| Condo / Co-op | $975,000 | $503/sq ft | 1 | — |
| Townhouse | $910,000 | $322/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The North Oaks housing market is currently classified as a balanced market with a median sale price of $1.11M. Prices have risen 20.0% compared to last year, with homes spending an average of 41 days on market, indicating 5.0 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in North Oaks
There are currently 20 homes listed for sale in North Oaks, Minnesota. The median listing price is $955K.
Active listings
20
Homes on market
Median list price
$955K
Avg. days on market
41
Days until sale
New this week
10
Newly listed
Who lives in North Oaks?
Population
5,175
Median income
$235,858/yr
Median age
43.6 years
Owner-occupied
85.4%
College grads
72.4%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in North Oaks?
Zillow home value
$967,961
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in North Oaks?
North Oaks is a community of approximately 5K residents with a median age of 43.6 years.The median household income is $235,858, which reflects a relatively affluent area with strong earning potential. 72.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, North Oaks offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve North Oaks?
1 schools tracked · 1,081 students
The largest public schools serving North Oaks, 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.
Chippewa Middle School
Grades 6-8 · 1,081 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 North Oaks, MN?
Want a head-to-head view? Compare North Oaks side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in North Oaks?
The median home sale price in North Oaks is $1.11M, up 20.0% from last year.
How long do homes stay on market in North Oaks?
Homes typically spend 41 days on market before going under contract.
What is the median income in North Oaks?
The median household income is $235,858 per year.
Is North Oaks a buyer's or seller's market?
With 5.0 months of supply, North Oaks is currently a balanced market.
What is the Zillow home value estimate for North Oaks?
The Zillow Home Value Index (ZHVI) for North Oaks is $967,961, representing the typical home value in the area.
What is the median condo price in North Oaks?
The median condo/co-op sale price in North Oaks, MN is $975,000, compared to $1.31M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in North Oaks?
The median single-family home price in North Oaks, MN is $1.31M (about $266 per square foot).
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