Current Price

$362,054

1 Month Forecast

â–² $375,739

1-Year Forecast *

â–² $390,666

5-Year Forecast *

â–² $435,387

"Is it a good time to buy homes in Detroit Lakes?" "Does investing in real estate in Detroit Lakes (Minnesota State, Becker County) worth it?" According to our live Forecast System, buying a house in Detroit Lakes is a acceptable short-term (1-year) investment*. The Detroit Lakes average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Detroit Lakes" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Detroit Lakes in Minnesota State, Becker County. If you are looking for homes for sale with good flipping profit, Detroit Lakes can be a profitable property investment option. The median price of an average house in Detroit Lakes was 362,054 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Detroit Lakes" area is 435,387 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +20.25% meaning that investing 100000 USD today may yield a profit of 20,255 USD by 2031.

Current Median Listing Price: 362,054 USD Median Listing Price Per Square Foot: 201 USD

Detroit Lakes Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Detroit Lakes (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Detroit Lakes Price Target

Detroit Lakes median home price target in 12 months: $390,666* (upside of 7.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $367,794 $374,369 $367,794 $374,369
2024 $353,896 $362,054 $352,990 $362,054
2023 $342,519 $354,288 $342,519 $354,288
2022 $317,583 $341,389 $317,583 $343,043
2021 $285,232 $313,304 $285,232 $313,304
2020 $262,186 $282,206 $262,186 $282,206
2019 $252,306 $261,695 $252,306 $261,695
2018 $242,478 $251,386 $242,478 $251,386
2017 $229,678 $241,910 $229,678 $241,910
2016 $216,109 $228,076 $216,109 $228,076
2015 $201,640 $214,738 $201,640 $214,738
2014 $192,533 $200,100 $192,533 $200,100
2013 $183,141 $192,415 $183,141 $192,415
2012 $176,633 $182,290 $176,633 $182,290

Questions & Answers about the Detroit Lakes Housing Market Forecast

How much does an average home cost in Detroit Lakes today?

The value of an average home (the listing price) in Detroit Lakes is $362,054 USD.

What is the average price per square foot in Detroit Lakes?

According to Walletinvestor the median price per square foot in Detroit Lakes is 201 USD.

Will the median listing price of homes in Detroit Lakes grow / rise / go up?

Yes. The Detroit Lakes home prices may rise from 362,054 USD to 390,666 USD in one year.

Is it profitable to invest in Detroit Lakes homes?

Yes. The long-term profit potential is +7.90% in one year.

Will Detroit Lakes house prices fall / drop?

No. See above.

What is the predicted price of a Detroit Lakes home in 2030?

The predicted home sales price of a Detroit Lakes home in 2030 in Detroit Lakes is 418,707 USD.

What is the predicted price of a Detroit Lakes home in 2035?

The predicted home sales price of a Detroit Lakes home in 2035 in Detroit Lakes is 485,820 USD.

Will real estate prices decrease in Detroit Lakes?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Detroit Lakes is the 3655. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Becker, Detroit Lakes decreased, looking at the past 12 months.

According to Walletinvestor's Detroit Lakes real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.214% to 362,054 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 9.883% in 2021
  • 8.203% in 2022
  • 8.073% in 2023
  • 8.133% in 2024
  • 7.603% in 2025
  • 8.443% in 2026

Based on our Detroit Lakes real estate market research and report the predicted sales prices will increase by 113.952% in the next 10 years.

Over the last 12 months, the value of homes in Detroit Lakes fluctuated: increasing 4 times .

Detroit Lakes (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2025
August 2025 375739 354698 396781
September 2025 377114 341288 412940
October 2025 378494 344051 412937
November 2025 379879 360885 398873
December 2025 381269 353436 409101
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2026
January 2026 382638 358150 407127
February 2026 383596 359813 407379
March 2026 385000 357280 412720
April 2026 386408 358973 413843
May 2026 387822 362614 413031
June 2026 389241 356156 422327
July 2026 390666 359022 422310
August 2026 392095 370530 413660
September 2026 393530 361654 425406
October 2026 394970 355868 434072
November 2026 396415 373423 419407
December 2026 396739 357859 435620
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2027
January 2027 396083 373903 418264
February 2027 395429 362608 428249
March 2027 395512 364267 426757
April 2027 395844 373281 418407
May 2027 397155 363396 430913
June 2027 398133 370662 425604
July 2027 399590 361629 437551
August 2027 401052 374181 427922
September 2027 402519 367098 437941
October 2027 403992 368037 439948
November 2027 405470 376277 434664
December 2027 405872 372591 439154
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2028
January 2028 406000 379204 432796
February 2028 405645 369137 442153
March 2028 405965 379578 432353
April 2028 406321 379504 433138
May 2028 405871 371778 439964
June 2028 405201 382104 428297
July 2028 405029 373032 437026
August 2028 406247 370091 442404
September 2028 407734 386532 428936
October 2028 409036 379176 438895
November 2028 410532 373174 447891
December 2028 412034 391021 433048
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2029
January 2029 413383 378659 448108
February 2029 414084 374332 453836
March 2029 413792 385240 442344
April 2029 414814 390755 438873
May 2029 416332 377197 455467
June 2029 417855 378995 456716
July 2029 418707 388979 448435
August 2029 420110 384821 455399
September 2029 421344 400277 442412
October 2029 422675 384634 460716
November 2029 423366 382723 464009
December 2029 424915 403244 446585
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2030
January 2030 426470 396190 456749
February 2030 428030 404060 452000
March 2030 429596 386637 472556
April 2030 431168 394519 467817
May 2030 432717 389445 475989
June 2030 433800 391721 475878
July 2030 435387 400556 470218
August 2030 436980 393282 480678
September 2030 438579 400423 476736
October 2030 440184 403209 477160
November 2030 441795 403359 480231
December 2030 443411 405278 481545
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2031
January 2031 445034 402756 487312
February 2031 446662 422542 470782
March 2031 448297 405708 490885
April 2031 448663 403797 493529
May 2031 447922 404473 491370
June 2031 447181 403805 490558
July 2031 447275 420439 474112
August 2031 447651 413182 482120
September 2031 449133 417244 481021
October 2031 450239 422775 477704
November 2031 451887 408506 495268
December 2031 453540 414082 492998
Detroit Lakes Housing Market Forecast with Real Estate Prices for 2032
January 2032 455200 418329 492071
February 2032 456865 431281 482450
March 2032 458537 415893 501181
April 2032 458992 425944 492039
May 2032 459136 424242 494030
June 2032 458735 425706 491764
July 2032 459097 420074 498120

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.