What is the median home value in Lake Edward Township, MN?
The median value of owner-occupied homes in Lake Edward Township, MN is $386,400 (±$34,810), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Lake Edward Township, the median home value went from $264,800 in 2015–2019 to $386,400 in 2020–2024 (+45.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $386,400 (±$34,810)
- Owner-occupied homes
- 916 (±111)
- Most common range
- $300,000 to $499,999
Home values in Lake Edward Township
| Value | Lake Edward Township | Crow Wing County | Minnesota | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.2% (±1.4 points) | 4.0% | 4.0% | 5.3% |
| $50,000 to $99,999 | 2.7% (±2.2 points) | 4.2% | 3.7% | 6.1% |
| $100,000 to $149,999 | 4.0% (±2.3 points) | 6.2% | 5.2% | 6.8% |
| $150,000 to $199,999 | 7.4% (±5.2 points) | 11.0% | 8.1% | 9.0% |
| $200,000 to $299,999 | 16.6% (±5.3 points) | 23.3% | 22.6% | 17.8% |
| $300,000 to $499,999 | 32.4% (±7.2 points) | 31.6% | 36.9% | 26.9% |
| $500,000 to $999,999 | 30.0% (±7.6 points) | 15.9% | 17.0% | 20.9% |
| $1,000,000 or more | 5.6% (±3.0 points) | 3.9% | 2.6% | 7.1% |
The most common range is $300,000 to $499,999, 32.4% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Lake Edward Township against Crow Wing County, its state and the nation
| Lake Edward Township | Crow Wing County | Minnesota | United States | |
|---|---|---|---|---|
| Median home value | $386,400 (±$34,810) | $306,800 (±$9,287) | $329,300 (±$903) | $332,700 |
| Owner-occupied homes | 916 (±111) | 22,647 (±434) | 1,666,687 (±7,556) | 84,210,142 |
In Lake Edward Township, the median home value is higher than in Crow Wing County ($306,800).
It is also higher than in Minnesota ($329,300).
It is higher than the national figure ($332,700).
In Crow Wing County, Lake Edward Township ranks 9 of 45 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 333 of 2,558.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Lake Edward Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $264,800 (±$22,262) | $386,400 (±$34,810) | +45.9% | Up after inflation |
| Median owner cost with a mortgage | $1,443 (±$116) | $1,594 (±$102) | +10.5% | Down after inflation |
| Median real estate taxes | $1,900 (±$297) | $2,262 (±$295) | +19.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Lake Edward Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Lake Edward Township | — | $386,400 (±$34,810) | — |
| Nisswa | 4.1 mi | $481,200 (±$52,486) | Higher |
| Center Township | 4.6 mi | $339,100 (±$32,506) | Not measurably different |
| Pelican Township (Crow Wing County) | 6.4 mi | $458,300 (±$89,286) | Not measurably different |
| Lake Shore | 7.4 mi | $513,200 (±$67,957) | Higher |
| Pequot Lakes | 7.5 mi | $289,300 (±$39,459) | Lower |
| Riverton | 7.9 mi | $120,800 (±$57,506) | Lower |
| Breezy Point | 8.0 mi | $340,800 (±$24,792) | Lower |
| Mission Township | 9.0 mi | $424,500 (±$54,855) | Not measurably different |
Nearby places with a measurably lower figure: Pequot Lakes, MN ($289,300), Riverton, MN ($120,800), Breezy Point, MN ($340,800).
Nearby places with a measurably higher figure: Nisswa, MN ($481,200), Lake Shore, MN ($513,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Crow Wing County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 3 | Ideal Township | $461,300 (±$49,845) |
| 4 | Pelican Township (Crow Wing County) | $458,300 (±$89,286) |
| 5 | Fifty Lakes | $457,300 (±$40,662) |
| 6 | Bay Lake Township | $434,400 (±$46,330) |
| 7 | Mission Township | $424,500 (±$54,855) |
| 8 | Deerwood Township (Crow Wing County) | $422,700 (±$47,367) |
| 9 | Lake Edward Township | $386,400 (±$34,810) |
| 10 | Jenkins Township | $383,700 (±$49,318) |
| 11 | Wolford Township | $368,500 (±$71,726) |
| 12 | Ross Lake Township | $364,200 (±$17,244) |
| 13 | Rabbit Lake Township | $354,100 (±$20,267) |
| 14 | Emily | $348,800 (±$25,474) |
| 15 | Breezy Point | $340,800 (±$24,792) |
Showing 13 of 45 places in Crow Wing County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Edward Township
What is the average home value in Lake Edward Township, MN?
The Census Bureau publishes the median: $386,400 (±$34,810) for owner-occupied homes in Lake Edward Township (2020–2024 American Community Survey).
Have home values in Lake Edward Township gone up?
In Lake Edward Township, the median home value went from $264,800 in 2015–2019 to $386,400 in 2020–2024 (+45.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Lake Edward Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Edward township, Crow Wing County, Minnesota (county subdivision:34207, in state:27 county:035).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Edward Township at a glance
- Income and affordability in Lake Edward Township
- Homeowner costs in Lake Edward Township
- Property taxes in Lake Edward Township
- Types of homes in Lake Edward Township
- Bedrooms in Lake Edward Township
- Age of homes in Lake Edward Township
- Heating fuel in Lake Edward Township
- Commute and cars in Lake Edward Township
- Population growth in Lake Edward Township
- How long people stay in Lake Edward Township
- Minnesota landlord and tenant rules
- Housing across Crow Wing County
- Minnesota places ranked by median home value
- Housing data for every place in Minnesota