How much does it cost to buy a house in Crane Lake, MN?

In September 2026 Crane Lake homes were listed to buy for a median price of $645K, which is a 48% decrease to August 2025 last month, and a 48% decrease to September 2025 last year. The median value of a home listed to buy in Crane Lake in September 2026 was $347 per sqft, which is a 34% decrease to August 2025 last month, and a 34% decrease to September 2025 last year.

Is it affordable or expensive to live in Crane Lake, MN?

It is expensive to live in Crane Lake. Buying a home in Crane Lake is 2% more expensive compared with the national average.

Is it a good time to buy property in Crane Lake, MN?

Yes now is a good time to buy property in Crane Lake, in September 2026, homes in Crane Lake have decreased in value (price per sqft) by 34% in the last year compared with September 2025.

Is the Crane Lake, MN housing market slowing down?

The housing market in Crane Lake is slowing down. In September 2026, homes to buy in Crane Lake spent an median 69 days on the market, a 26% decrease from September 2025 last year.

How much money should I make to buy a house in Crane Lake, MN?

In September 2026, Crane Lake homes were listed to buy for a median price of $645K, with 25% down you would need $3.68K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $126K.

Is it a good time to sell my house in Crane Lake, MN?

Yes now is a good time to sell your house in Crane Lake, in September 2026, homes in Crane Lake have decreased in value (price per sqft) by 34% in the last year compared with September 2025.