Current Price

$424,369

1 Month Forecast

â–² $451,846

1-Year Forecast *

â–² $463,639

5-Year Forecast *

â–² $495,300

"Is it a good time to buy homes in Long Lake?" "Does investing in real estate in Long Lake (Minnesota State, Hennepin County) worth it?" According to our live Forecast System, buying a house in Long Lake is a acceptable short-term (1-year) investment*. The Long Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Long Lake" 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 Long Lake in Minnesota State, Hennepin County. If you are looking for homes for sale with good flipping profit, Long Lake can be a profitable property investment option. The median price of an average house in Long Lake was 424,369 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Long Lake" area is 495,300 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +16.71% meaning that investing 100000 USD today may yield a profit of 16,714 USD by 2031.

Current Median Listing Price: 424,369 USD Median Listing Price Per Square Foot: 236 USD

Long Lake 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.

Long Lake (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.

Long Lake Price Target

Long Lake median home price target in 12 months: $463,639* (upside of 9.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $447,661 $449,421 $447,030 $450,147
2024 $410,291 $424,369 $410,244 $424,369
2023 $408,779 $411,304 $402,460 $411,927
2022 $396,769 $412,734 $396,769 $419,472
2021 $363,649 $395,360 $363,649 $398,961
2020 $338,479 $359,486 $338,479 $359,486
2019 $333,606 $336,865 $333,519 $337,853
2018 $313,929 $331,595 $313,929 $331,595
2017 $286,157 $311,697 $286,157 $311,697
2016 $268,381 $283,835 $268,381 $283,835
2015 $251,031 $265,938 $251,031 $265,938
2014 $247,491 $250,234 $247,491 $253,341
2013 $219,118 $245,140 $219,118 $245,140
2012 $206,402 $217,557 $206,402 $217,557

Questions & Answers about the Long Lake Housing Market Forecast

How much does an average home cost in Long Lake today?

The value of an average home (the listing price) in Long Lake is $424,369 USD.

What is the average price per square foot in Long Lake?

According to Walletinvestor the median price per square foot in Long Lake is 236 USD.

Will the median listing price of homes in Long Lake grow / rise / go up?

Yes. The Long Lake home prices may rise from 424,369 USD to 463,639 USD in one year.

Is it profitable to invest in Long Lake homes?

Yes. The long-term profit potential is +9.25% in one year.

Will Long Lake house prices fall / drop?

No. See above.

What is the predicted price of a Long Lake home in 2030?

The predicted home sales price of a Long Lake home in 2030 in Long Lake is 487,301 USD.

What is the predicted price of a Long Lake home in 2035?

The predicted home sales price of a Long Lake home in 2035 in Long Lake is 538,561 USD.

Will real estate prices decrease in Long Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Long Lake is the 15382. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Hennepin, Long Lake decreased, looking at the past 12 months.

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

Median home values decreased by 5.689% to 424,369 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 8.774% in 2021
  • 10.664% in 2022
  • 9.414% in 2023
  • 7.764% in 2024
  • 7.674% in 2025
  • 8.284% in 2026

Based on our Long Lake real estate market research and report the predicted sales prices will increase by 142.304% in the next 10 years.

Over the last 12 months, the value of homes in Long Lake fluctuated: increasing 2 times and decreasing 2 times.

Long Lake (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
Long Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 451846 417958 485735
September 2025 454285 413400 495171
October 2025 456737 432073 481401
November 2025 459202 431650 486755
December 2025 461112 423762 498462
Long Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 460288 414719 505856
February 2026 458459 417198 499720
March 2026 457355 417565 497145
April 2026 457045 433278 480811
May 2026 458674 429778 487571
June 2026 461150 421952 500348
July 2026 463639 433039 494239
August 2026 466142 432113 500170
September 2026 468658 426947 510368
October 2026 471187 431608 510767
November 2026 473436 428459 518412
December 2026 472858 437394 508322
Long Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 470979 439895 502064
February 2027 469562 424484 514640
March 2027 468461 427236 509685
April 2027 466599 423672 509527
May 2027 464746 440579 488912
June 2027 462899 433737 492062
July 2027 461060 420948 501172
August 2027 460542 426462 494622
September 2027 461182 438123 484241
October 2027 463077 427420 498734
November 2027 465576 419019 512134
December 2027 468089 434387 501792
Long Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 470120 442383 497858
February 2028 471138 440514 501762
March 2028 470883 436508 505257
April 2028 470425 426676 514175
May 2028 469267 444865 493669
June 2028 469213 435899 502527
July 2028 470896 445467 496324
August 2028 472838 439740 505937
September 2028 474348 437823 510873
October 2028 474201 450017 498385
November 2028 473883 444976 502790
December 2028 474135 427670 520601
Long Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 474549 442280 506818
February 2029 477110 440850 513371
March 2029 479686 455701 503670
April 2029 482275 457679 506871
May 2029 484878 446088 523668
June 2029 487495 459708 515282
July 2029 487301 452216 522387
August 2029 485567 440409 530725
September 2029 484119 436191 532047
October 2029 484320 448965 519675
November 2029 486708 455072 518344
December 2029 489335 450188 528481
Long Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 491976 447698 536254
February 2030 494631 459512 529750
March 2030 497301 465971 528631
April 2030 499369 456423 542315
May 2030 498476 452617 544336
June 2030 496496 457769 535223
July 2030 495300 466573 524028
August 2030 494964 453882 536046
September 2030 496729 467919 525540
October 2030 499410 463952 534869
November 2030 502106 473988 530224
December 2030 504816 469984 539648
Long Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 507541 465923 549159
February 2031 510280 465886 554675
March 2031 512715 476312 549118
April 2031 512090 481364 542815
May 2031 510055 475881 544229
June 2031 508520 475467 541574
July 2031 507327 456595 558060
August 2031 505312 455286 555338
September 2031 503304 457000 549608
October 2031 501305 475237 527372
November 2031 499313 460366 538259
December 2031 498752 455859 541644
Long Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 499445 461487 537403
February 2032 501497 454356 548638
March 2032 504204 460338 548070
April 2032 506925 476510 537341
May 2032 509125 462795 555455
June 2032 510226 481654 538799
July 2032 509951 470684 549217

> 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.