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Featured local agent — White Bear Lake, MN
Sarah Mitchell
Compass Real Estate · White Bear Lake, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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White Bear Lake, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$345,000median sale price
How is the White Bear Lake, MN housing market right now?
The median home sale price in White Bear Lake, MN is $345,000, down 11.0% year-over-year. Homes sell in an average of 13 days with 37 active listings. The market is currently a strong 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 White Bear Lake a buyer's or seller's market?
White Bear Lake, MN is currently a strong seller's market, based on 1.1 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
13
Fast-moving
Active listings
37
1.1 months supply
Sale-to-list
101.5%
Above asking
What does the White Bear Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $345,000 |
| Median list price | $359,900 |
| Year-over-year price change | -11.0% |
| Average days on market | 13 days |
| Active inventory | 37 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $223/sq ft |
| Homes sold (latest month) | 33 |
| New listings (latest month) | 44 |
| Listings with a price cut | 40.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in White Bear Lake by property type?
How the White Bear 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 | $380,500 | $234/sq ft | 21 | 11 days |
| Condo / Co-op | $380,000 | $253/sq ft | 1 | 42 days |
| Townhouse | $301,500 | $197/sq ft | 12 | 18 days |
Source: Redfin · Updated monthly
The White Bear Lake housing market is currently classified as a strong seller's market with a median sale price of $345,000. Prices have fallen 11.0% compared to last year, with homes spending an average of 13 days on market, indicating 1.1 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 White Bear Lake
There are currently 37 homes listed for sale in White Bear Lake, Minnesota. The median listing price is $360K.
Active listings
37
Homes on market
Median list price
$360K
Avg. days on market
13
Days until sale
New this week
44
Newly listed
Who lives in White Bear Lake?
Population
24,026
Median income
$79,712/yr
Median age
42.1 years
Owner-occupied
65.4%
College grads
40.1%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What are homes worth in White Bear Lake?
Zillow home value
$366,383
Zillow rent index
$1,683/mo
Price-to-rent ratio
18.1x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in White Bear Lake?
White Bear Lake is a community of approximately 24K residents with a median age of 42.1 years.The median household income is $79,712, which reflects a relatively affluent area with strong earning potential. 40.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, White Bear Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve White Bear Lake?
30 schools tracked · 7,993 students
The largest public schools serving White Bear 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.
WHITE BEAR NORTH CAMPUS SENIOR
Grades 9-10 · 1,322 students
WHITE BEAR SOUTH CAMPUS SENIOR
Grades 11-12 · 1,196 students
CENTRAL MIDDLE
Grades 6-8 · 969 students
SUNRISE PARK MIDDLE
Grades 6-8 · 750 students
MATOSKA INTERNATIONAL
Grades K-5 · 598 students
LINCOLN ELEMENTARY
Grades K-5 · 475 students
OTTER LAKE ELEMENTARY
Grades PK-5 · 457 students
VADNAIS HEIGHTS ELEMENTARY
Grades PK-5 · 397 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 White Bear Lake, MN?
Want a head-to-head view? Compare White Bear Lake side-by-side with any other U.S. city using our market-comparison tool.
Is White Bear Lake a good real estate investment market?
For investors evaluating White Bear Lake, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 11.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on White Bear Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using White Bear Lake's median home price.
Frequently asked questions
What is the average home price in White Bear Lake?
The median home sale price in White Bear Lake is $345,000, down 11.0% from last year.
How long do homes stay on market in White Bear Lake?
Homes typically spend 13 days on market before going under contract.
What is the median income in White Bear Lake?
The median household income is $79,712 per year.
Is White Bear Lake a buyer's or seller's market?
With 1.1 months of supply, White Bear Lake is currently a strong seller's market.
What is the Zillow home value estimate for White Bear Lake?
The Zillow Home Value Index (ZHVI) for White Bear Lake is $366,383, representing the typical home value in the area.
What is the median condo price in White Bear Lake?
The median condo/co-op sale price in White Bear Lake, MN is $380,000, compared to $380,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in White Bear Lake?
The median single-family home price in White Bear Lake, MN is $380,500 (about $234 per square foot).
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