Is Lake George, MN 56458 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lake George is a seller’s market. With about 1.9 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.9Under 4 months = seller’s market

Sold above original list20%Share of sales, last 3 months

Median sale-to-list97.3%Sold price ÷ list price

Median days on market18Listing to accepted offer

Median price per sq ft$191▼ −25.0% vs. last year

Run the numbers for 56458

Prefilled for 56458Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56458Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Akeley 56433Seller’s market $185 /sq ft Laporte 56461Seller’s market $193 /sq ft Nevis 56467Seller’s market $263 /sq ft Park Rapids 56470Balanced $192 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology