Brokers — List your Company Here
Featured local agent — Round Lake, MN
Sarah Mitchell
Compass Real Estate · Round Lake, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Round Lake, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$103,000median sale price
How is the Round Lake, MN housing market right now?
The median home sale price in Round Lake, MN is $103,000. Homes sell in an average of 90 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Round Lake a buyer's or seller's market?
Round Lake, MN is currently a buyer's market and homes selling in about 90 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
90
Average pace
Active listings
—
Sale-to-list
89.6%
Below asking
What does the Round Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $103,000 |
| Average days on market | 90 days |
| Sale-to-list price ratio | 89.6% |
| Median price per sq ft | $77/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Round Lake by property type?
How the Round 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 | $103,000 | $77/sq ft | 1 | 90 days |
Source: Redfin · Updated monthly
The Round Lake housing market is currently classified as a buyer's market with a median sale price of $103,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 90 days on market.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 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Round Lake
Explore homes currently listed for sale in Round Lake, Minnesota across major real estate platforms.
Who lives in Round Lake?
Population
383
Median income
$63,661/yr
Median age
44.9 years
Owner-occupied
74.0%
College grads
10.0%
Avg commute
24.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Round Lake?
Zillow home value
$174,128
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Round Lake?
Round Lake is a community of approximately 0K residents with a median age of 44.9 years.The median household income is $63,661, which represents a working-class community with solid middle-income opportunities. 10.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Round Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Round Lake, MN?
Want a head-to-head view? Compare Round 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 Round Lake?
The median home sale price in Round Lake is $103,000, down 0.0% from last year.
How long do homes stay on market in Round Lake?
Homes typically spend 90 days on market before going under contract.
What is the median income in Round Lake?
The median household income is $63,661 per year.
What is the Zillow home value estimate for Round Lake?
The Zillow Home Value Index (ZHVI) for Round Lake is $174,128, representing the typical home value in the area.
How much does a single-family home cost in Round Lake?
The median single-family home price in Round Lake, MN is $103,000 (about $77 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Round Lake, MN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Round Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.