39Alpha

Lake of the Woods County, MN Housing Market Brief

county · MN · as of August 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%
+30.342
Inventory Health25%
+1.336
Affordability20%
-32.961
Economic Strength20%
14
Rental Yield15%
-51.741

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

EmergingGrowingMaturePeakingDecliningRecovering

Lake of the Woods County, MN is classified as Declining cooling, 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$297K▲ +32%
Median Days on Market53 days-5.4%
Months of Supply8.0▲ +142.4%
Homes for Sale49▲ +29%
Homes Sold6-50%
Median Price / Sq Ft$193▲ +27.9%

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

Now: 39
12-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 August 2026, Lake of the Woods County, MN is classified as a Buyer's Market, based on its Alpha Score of 39 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 $297K, having risen 32% over the past year.

How affordable is Lake of the Woods County, MN?

Lake of the Woods County, MN scores 61 out of 100 on affordability — relatively affordable 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 Affordability (61/100) and its weakest is Economic Strength (14/100). 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.