MyMarketPulse (mymarketpulse.com) recently disclosed its August 2024 findings on the housing market conditions in Lake of the Woods County, Minnesota.
The report shows that the Median Sale Price in Lake of the Woods County reached $222,500 as of August 2024, marking an increase of 64.8% over the previous month and a 7.7% drop compared to a year ago.
During this period, 2 homes were sold in the area, reflecting a decrease 60.0% compared to the month beforeand and a decrease of 83.3% from the same month in the previous year.
The Median Days on Market for homes in Lake of the Woods County stood at 9 days, which is a decrease of 210 days days over the previous month and down by 12 days day from the previous year.
With the Market Pulse Score sitting at 77, the trend in Lake of the Woods County’s housing market seems to be falling.
For more information about the Lake of the Woods County, Minnesota market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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