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Big Lake, MN Real Estate & Property Data

Big Lake Real Estate Market Trends

Last Updated: April 28, 2024

Accurate and comprehensive real estate data is critical for insight into Big Lake, MN. ATTOM’s Big Lake real estate data is updated daily, and current market trends show that in Big Lake, MN a total of 354 residential properties have sold over the past year. With a median home price of $362,500 in Big Lake and a total of 1 foreclosures. Get detailed property data for Big Lake, MN instantly. ATTOM is your one-stop-shop for the Big Lake property reports and real estate data you need in Big Lake, MN.

Big Lake Real Estate Market Trends

Get property data for any address in Big Lake, MN or the country:

Total Residential Properties 7,811

Total Commercial Properties 180

Avg. Home Age (Single Family Home) 30 Years

Avg. Square Feet (Single Family Home) 1,255

Total 2024 Residential Sales (year-to-date) 43

% of Homes Seriously Underwater (Q2 2024) 1.03%

Total 2023 Residential Sales 327

% of Equity Rich Homes (Q2 2024) 35.26%

Effective 2023 Property Tax 1.03%

Total Foreclosure Filings (year-to-date) 2

Big Lake, MN Real Estate Overview

There were 354 residential properties sold in the past year in Big Lake, MN. The median home value in Big Lake, MN is $348,960. There are a total of 7,811 residential properties in the Big Lake.

Median Sales Price i

$362,500

(Feb 2024)

+15.1%

year-over-year

y-o-y

February '24 Feb '24 $362,500
January '24 Jan '24 $305,000
December '23 Dec '23 $315,000
November '23 Nov '23 $331,500
October '23 Oct '23 $418,500
September '23 Sep '23 $315,000
August '23 Aug '23 $375,500
July '23 Jul '23 $337,500
June '23 Jun '23 $313,400
May '23 May '23 $329,900
April '23 Apr '23 $375,000
March '23 Mar '23 $300,000

Median Down Payment i

$70,000

(Feb 2024)

+259%

year-over-year

y-o-y

February '24 Feb '24 $70,000
January '24 Jan '24 $35,325
December '23 Dec '23 $31,500
November '23 Nov '23 $24,000
October '23 Oct '23 $99,000
September '23 Sep '23 $31,790
August '23 Aug '23 $55,500
July '23 Jul '23 $19,600
June '23 Jun '23 $54,000
May '23 May '23 $57,500
April '23 Apr '23 $27,500
March '23 Mar '23 $26,500

Number of Homes Sold i

19

(Feb 2024)

-13.6%

year-over-year

y-o-y

February '24 Feb '24 19
January '24 Jan '24 24
December '23 Dec '23 17
November '23 Nov '23 32
October '23 Oct '23 30
September '23 Sep '23 29
August '23 Aug '23 33
July '23 Jul '23 32
June '23 Jun '23 26
May '23 May '23 37
April '23 Apr '23 28
March '23 Mar '23 25

Number of Purchase Loans i

15

(Feb 2024)

-21.1%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 17
December '23 Dec '23 12
November '23 Nov '23 24
October '23 Oct '23 26
September '23 Sep '23 30
August '23 Aug '23 32
July '23 Jul '23 29
June '23 Jun '23 24
May '23 May '23 31
April '23 Apr '23 25
March '23 Mar '23 21

Number of REFI Loans i

17

(Feb 2024)

+21.4%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 17
December '23 Dec '23 20
November '23 Nov '23 23
October '23 Oct '23 23
September '23 Sep '23 22
August '23 Aug '23 28
July '23 Jul '23 24
June '23 Jun '23 28
May '23 May '23 33
April '23 Apr '23 29
March '23 Mar '23 22

Number of HELOC Loans i

9

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 5
December '23 Dec '23 9
November '23 Nov '23 9
October '23 Oct '23 14
September '23 Sep '23 14
August '23 Aug '23 4
July '23 Jul '23 8
June '23 Jun '23 12
May '23 May '23 7
April '23 Apr '23 15
March '23 Mar '23 8

Big Lake, MN Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

55309
$348,960 $278.12/sqft

Big Lake, MN Foreclosure Activity

There were a total of 1 Big Lake, MN properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 3
September '23 Sep '23 4
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 5
March '23 Mar '23 5

Foreclosure Starts i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 3
September '23 Sep '23 4
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 5
March '23 Mar '23 5

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 1

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