What is the median home value in Pequot Lakes, MN?

The median value of owner-occupied homes in Pequot Lakes, MN is $289,300 (±$39,459), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Pequot Lakes, the median home value went from $164,000 in 2015–2019 to $289,300 in 2020–2024 (+76.4%).

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
$289,300 (±$39,459)
Owner-occupied homes
598 (±91)
Most common range
$200,000 to $299,999

Home values in Pequot Lakes

Owner-occupied homes by value, 2020–2024
ValuePequot LakesCrow Wing CountyMinnesotaUnited States
Less than $50,0001.0% (±1.5 points)4.0%4.0%5.3%
$50,000 to $99,9991.7% (±1.7 points)4.2%3.7%6.1%
$100,000 to $149,9995.0% (±6.1 points)6.2%5.2%6.8%
$150,000 to $199,99914.4% (±6.1 points)11.0%8.1%9.0%
$200,000 to $299,99930.4% (±9.5 points)23.3%22.6%17.8%
$300,000 to $499,99926.8% (±8.3 points)31.6%36.9%26.9%
$500,000 to $999,99919.6% (±6.8 points)15.9%17.0%20.9%
$1,000,000 or more1.2% (±1.6 points)3.9%2.6%7.1%

The most common range is $200,000 to $299,999, 30.4% 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.

Pequot Lakes against Crow Wing County, its state and the nation

Estimate (90% margin of error)
Pequot LakesCrow Wing CountyMinnesotaUnited States
Median home value$289,300 (±$39,459)$306,800 (±$9,287)$329,300 (±$903)$332,700
Owner-occupied homes598 (±91)22,647 (±434)1,666,687 (±7,556)84,210,142

In Pequot Lakes, the median home value is not measurably different from Crow Wing County ($306,800).

It is also lower than in Minnesota ($329,300).

It is lower than the national figure ($332,700).

In Crow Wing County, Pequot Lakes ranks 29 of 45 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 955 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Pequot Lakes have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$164,000 (±$10,288)$289,300 (±$39,459)+76.4%Up after inflation
Median owner cost with a mortgage$1,144 (±$100)$1,532 (±$204)+33.9%No measurable change after inflation
Median real estate taxes$1,575 (±$177)$2,442 (±$248)+55.0%Up 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 Pequot Lakes

Nearest places with a published estimate, compared with Pequot Lakes
PlaceDistanceMedian home valueCompared with this place
Pequot Lakes—$289,300 (±$39,459)—
Loon Lake Township3.7 mi$371,300 (±$25,315)Higher
Breezy Point4.1 mi$340,800 (±$24,792)Higher
Pelican Township (Crow Wing County)4.7 mi$458,300 (±$89,286)Higher
Jenkins4.8 mi$275,000 (±$35,977)Not measurably different
Nisswa6.1 mi$481,200 (±$52,486)Higher
Jenkins Township6.7 mi$383,700 (±$49,318)Higher
Lake Shore6.9 mi$513,200 (±$67,957)Higher
Ideal Township7.2 mi$461,300 (±$49,845)Higher

Nearby places with a measurably higher figure: Loon Lake Township, MN ($371,300), Breezy Point, MN ($340,800), Pelican Township (Crow Wing County), MN ($458,300).

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

RankPlaceMedian home value
23Cuyuna$308,300 (±$61,194)
24Nokay Lake Township$304,300 (±$30,025)
25Fairfield Township (Crow Wing County)$298,200 (±$106,902)
26Irondale Township$296,200 (±$39,769)
27Crow Wing Township$293,600 (±$25,332)
28Manhattan Beach$290,000 (±$79,377)
29Pequot Lakes$289,300 (±$39,459)
30St. Mathias Township$284,600 (±$69,887)
31Roosevelt Township (Crow Wing County)$284,000 (±$45,074)
32 (tie)Fort Ripley$275,000 (±$90,849)
32 (tie)Jenkins$275,000 (±$35,977)
34Platte Lake Township$263,800 (±$36,603)
35Oak Lawn Township$263,200 (±$22,426)

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 Pequot Lakes

What is the average home value in Pequot Lakes, MN?

The Census Bureau publishes the median: $289,300 (±$39,459) for owner-occupied homes in Pequot Lakes (2020–2024 American Community Survey).

Have home values in Pequot Lakes gone up?

In Pequot Lakes, the median home value went from $164,000 in 2015–2019 to $289,300 in 2020–2024 (+76.4%).

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 Pequot Lakes 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

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 Pequot Lakes city, Minnesota (place:50416, in state:27).

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.

Request a Census API 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 .

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