Is Crane Lake, MN 55725 a buyer’s or seller’s market?
Crane Lake is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.2%Sold price ÷ list price
Median days on market384Listing to accepted offer
Median price per sq ft$273▲ +13.3% vs. last year
Run the numbers for 55725
Nearby markets
Alborn 55702 — /sq ftAngora 55703Buyer’s market $121 /sq ftAurora 55705Balanced $129 /sq ftBabbitt 55706Seller’s market $91 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology