Mille Lacs County, MN Housing Market Brief
county · MN · as of May 2026
What is Mille Lacs County, MN’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Mille Lacs County, MN in its market cycle?
Mille Lacs County, MN is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Mille Lacs County, MN housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $288K | ▲ +1.8% |
| Median Days on Market | 44 days | ▲ +131.6% |
| Months of Supply | 3.9 | ▲ +11.4% |
| Homes for Sale | 109 | ▼ -0.9% |
| Homes Sold | 28 | ▼ -9.7% |
| Median Price / Sq Ft | $179 | ▲ +11.5% |
| Sale-to-List Ratio | 100.1% | ▲ +0.1% |
How has Mille Lacs County, MN’s Alpha Score moved?
Markets like Mille Lacs County, MN
Frequently asked questions
Is Mille Lacs County, MN a buyer's or seller's market?
As of May 2026, Mille Lacs County, MN is classified as a Buyer's Market, based on its Alpha Score of 38 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Mille Lacs County, MN?
The median sale price in Mille Lacs County, MN is $288K, having risen 1.8% over the past year.
How affordable is Mille Lacs County, MN?
Mille Lacs County, MN scores 30 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Mille Lacs County, MN's Alpha Score?
Mille Lacs County, MN's strongest dimension is Price Momentum (56/100) and its weakest is Economic Strength (18/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Mille Lacs County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.