Detroit Lakes Real Estate — Key Facts
- Active listings: 10
- Median price: $232,500
- For sale: 2
- Price range: $186,000 – $279,000
- Active agents: 3
- Property types: Multi-Family, Single Family Residence, Tenant
- Country: United States
Real Estate in Detroit Lakes
Explore 10 property listings in Detroit Lakes, United States. Median price: $232,500.Property types include Multi-Family, Single Family Residence, Tenant.
Market Snapshot
10
Active Listings
$232,500
Median Price
2
For Sale
Latest Properties in Detroit Lakes
Frequently Asked Questions
There are currently 10 active property listings in Detroit Lakes, United States.
The median home price in Detroit Lakes is $232,500.
Property types available in Detroit Lakes include Multi-Family, Single Family Residence, Tenant.
Real Estate Terms — Detroit Lakes Buyers Should Know
- MLS (Multiple Listing Service)
- A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
- Median price
- The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
- Days on market (DOM)
- The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
- Price per square foot
- Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
- Active listing
- A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
- New construction
- A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.