32Alpha

Lake of the Woods County, MN Housing Market Brief

county · MN · as of May 2026

Buyer's

What is Lake of the Woods 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.

Price Momentum20%
-15.412
Inventory Health25%
-31.135
Affordability20%
38
Economic Strength20%
-0.733
Rental Yield15%
45

Where is Lake of the Woods County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lake of the Woods County, MN is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Lake of the Woods County, MN housing market data

MetricValueYoY
Median Sale Price$169K-39.4%
Median Days on Market23 days▲ +9.5%
Months of Supply7.8▲ +77.3%
Homes for Sale39▲ +25.8%
Homes Sold5-28.6%
Median Price / Sq Ft$119-11.9%
Sale-to-List Ratio94.4%-0.5%

How has Lake of the Woods County, MN’s Alpha Score moved?

Now: 32
3-period trend
Median sale price · 12 mo

Markets like Lake of the Woods County, MN

Frequently asked questions

Is Lake of the Woods County, MN a buyer's or seller's market?

As of May 2026, Lake of the Woods County, MN is classified as a Buyer's Market, based on its Alpha Score of 32 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Lake of the Woods County, MN?

The median sale price in Lake of the Woods County, MN is $169K, having fallen 39.4% over the past year.

How affordable is Lake of the Woods County, MN?

Lake of the Woods County, MN scores 38 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Lake of the Woods County, MN's Alpha Score?

Lake of the Woods County, MN's strongest dimension is Rental Yield (45/100) and its weakest is Price Momentum (12/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Lake of the Woods County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.