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Pequot Lakes, MN real estate

Compare top Pequot Lakes real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Pequot Lakes real estate Market Report.

Information and statistics on the latest trends in the Pequot Lakes real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$392K
-4.4% from Q2 '26
Median list price
$403K
+0.9% from Q2 '26
Active listings
74
+40% from Q2 '26
Homes sold
24
+60% from Q2 '26
New pendings
26
+44% from Q2 '26
New listings
40
+2.6% from Q2 '26

Quarterly Pricing Trends for Pequot Lakes

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Pequot Lakes Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $280K Median sale price in Jan 2022 - Mar 2022: $215K Median sale price in Apr 2022 - Jun 2022: $365K Median sale price in Jul 2022 - Sep 2022: $466K Median sale price in Oct 2022 - Dec 2022: $430K Median sale price in Jan 2023 - Mar 2023: $250K Median sale price in Apr 2023 - Jun 2023: $370K Median sale price in Jul 2023 - Sep 2023: $343K Median sale price in Oct 2023 - Dec 2023: $588K Median sale price in Jan 2024 - Mar 2024: $280K Median sale price in Apr 2024 - Jun 2024: $405K Median sale price in Jul 2024 - Sep 2024: $338K Median sale price in Oct 2024 - Dec 2024: $375K Median sale price in Jan 2025 - Mar 2025: $195K Median sale price in Apr 2025 - Jun 2025: $268K Median sale price in Jul 2025 - Sep 2025: $413K Median sale price in Oct 2025 - Dec 2025: $404K Median sale price in Jan 2026 - Mar 2026: $266K Median sale price in Apr 2026 - Jun 2026: $410K Median sale price in Jul 2026 - Sep 2026: $392K Median list price in Oct 2021 - Dec 2021: $250K Median list price in Jan 2022 - Mar 2022: $245K Median list price in Apr 2022 - Jun 2022: $450K Median list price in Jul 2022 - Sep 2022: $327K Median list price in Oct 2022 - Dec 2022: $340K Median list price in Jan 2023 - Mar 2023: $210K Median list price in Apr 2023 - Jun 2023: $539K Median list price in Jul 2023 - Sep 2023: $327K Median list price in Oct 2023 - Dec 2023: $397K Median list price in Jan 2024 - Mar 2024: $375K Median list price in Apr 2024 - Jun 2024: $422K Median list price in Jul 2024 - Sep 2024: $387K Median list price in Oct 2024 - Dec 2024: $347K Median list price in Jan 2025 - Mar 2025: $495K Median list price in Apr 2025 - Jun 2025: $464K Median list price in Jul 2025 - Sep 2025: $350K Median list price in Oct 2025 - Dec 2025: $410K Median list price in Jan 2026 - Mar 2026: $505K Median list price in Apr 2026 - Jun 2026: $400K Median list price in Jul 2026 - Sep 2026: $403K Oct 2021 - Dec 2021 Median sale price $280K Median list price $250K Jan 2022 - Mar 2022 Median sale price $215K Median list price $245K Apr 2022 - Jun 2022 Median sale price $365K Median list price $450K Jul 2022 - Sep 2022 Median sale price $466K Median list price $327K Oct 2022 - Dec 2022 Median sale price $430K Median list price $340K Jan 2023 - Mar 2023 Median sale price $250K Median list price $210K Apr 2023 - Jun 2023 Median sale price $370K Median list price $539K Jul 2023 - Sep 2023 Median sale price $343K Median list price $327K Oct 2023 - Dec 2023 Median sale price $588K Median list price $397K Jan 2024 - Mar 2024 Median sale price $280K Median list price $375K Apr 2024 - Jun 2024 Median sale price $405K Median list price $422K Jul 2024 - Sep 2024 Median sale price $338K Median list price $387K Oct 2024 - Dec 2024 Median sale price $375K Median list price $347K Jan 2025 - Mar 2025 Median sale price $195K Median list price $495K Apr 2025 - Jun 2025 Median sale price $268K Median list price $464K Jul 2025 - Sep 2025 Median sale price $413K Median list price $350K Oct 2025 - Dec 2025 Median sale price $404K Median list price $410K Jan 2026 - Mar 2026 Median sale price $266K Median list price $505K Apr 2026 - Jun 2026 Median sale price $410K Median list price $400K Jul 2026 - Sep 2026 Median sale price $392K Median list price $403K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
28
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Inventory in Pequot Lakes has expanded notably in the latest rolling three-month view, with active listings up more than two-thirds from a year ago and months of supply rising sharply year over year. Even with more options, buyer activity is healthy, as homes sold increased more than 40 percent and pending sales are also higher than last year. New listings are coming on the market at a faster pace, giving buyers more choice than in prior years.

Pricing is adjusting to this fuller inventory and stronger contract flow. Typical home values over the rolling period are down slightly year over year, while the median list price is up strongly compared with last year, suggesting sellers are testing higher asking prices even as sale prices ease.

Homes are taking longer to sell than a year ago, with median days on market roughly doubling over that span, yet about a quarter of properties still close above list price and the average sale-to-list ratio hovers just under full asking. The market gauge still points to a seller’s market, but the higher supply and slower pace give buyers more room to evaluate options and negotiate. Whether you are a seller trying to position your home effectively or a buyer sorting through the growing inventory, Agent Pronto can connect you with an agent who understands Pequot Lakes and these shifting conditions.



Learn more about what Pequot Lakes has to offer.

Pequot Lakes offers residents a friendly, scenic community with abundant outdoor recreation, convenient local amenities, and a welcoming small-town atmosphere.

Pequot Lakes immediately feels different from nearby Brainerd or Nisswa. It combines true small-town familiarity with quick access to the broader Crow Wing County lake country, so daily life can include both quiet routines and resort-style recreation.

Residents value a strong sense of community. Local events center around the historic bobber water tower and downtown, while families appreciate resources like Pequot Lakes Schools. Outdoor life is central here. The Paul Bunyan State Trail runs through town, giving cyclists and walkers an easy route to neighboring communities, and nearby waters provide year-round fishing and boating.

Everyday convenience is growing along the Highway 371 corridor, with local dining such as Lucky’s Tavern and popular coffee spots, yet it still feels easy to unplug a few minutes from town at places like Sibley Lake Park. Seasonal residents and full-time homeowners share the same roads, trails, and community gatherings, which shapes both the housing stock and the pace of the local market.

Because Pequot Lakes draws both lake-home seekers and buyers focused on schools and year-round living, timing and preparation matter. Whether you are planning to sell before the next busy season or hoping to secure a home before inventory tightens, the right local agent can make the difference. Agent Pronto connects buyers and sellers in Pequot Lakes with agents who understand these dynamics and can help you move at the right moment.

Find your Pequot Lakes real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I can’t say enough great things about Michael! From start to finish, he truly went above and beyond to make the entire process of selling my home as smooth and stress-free as possible. Michael was incredibly responsive, knowledgeable, and always willing to take the extra time to answer my questions and talk through anything that came up. I never felt like I was just another client — he genuinely cared about making sure I felt comfortable and confident throughout the process. Selling a home and making a big move can be stressful, but having Michael in my corner made such a difference. He was professional, patient, honest, and proactive every step of the way. I’m extremely grateful for everything he did and couldn’t recommend him more highly. If you’re looking for a realtor who will truly go above and beyond for you, Michael is your guy!”

Zak Knudson ·

Photo of Michael Ziermann
JPW Realty
“My realtor Kate Michaels was fantastic. My house sold over asking in only a couple weeks! She was always available to answer my questions and made me feel so comfortable throughout the process. I look forward to working with her again on the next one!”

libbywarren7 ·

Photo of John Schuster
Coldwell Banker Burnet
“Peter was AMAZING!! He helped us from the beginning, and as first time homebuyers we didn’t know much about the process or what to expect, but he made sure to always inform us and help us in every way possible. He went above and beyond, always replying quick and with a kind spirit, sincerely if you’re looking for a realtor, there’s no one better than Peter”

Jelisbert ·

Photo of Peter Trinh
RE/MAX Advantage Plus
“Al Hawkins was a pleasure to work with as first time home buyers! He was very responsive and accommodating throughout the whole process. I truly appreciated how he handles feedbacks and his openness to talk through them and provide recommendations. He was literally with us every step of the way leaving no room for assumptions or confusion. My wife and I are blessed to have worked with Al as an agent that became a friend.”

Faithful Emamezi ·

Photo of Josh Pomerleau
JPW Realty
“Collin makes finding or selling a home incredibly approachable. His knowledge and experience really put me at ease when selling my first home. He went above and beyond what most real estate agents will do for you, and does it in a friendly way. I would highly recommend using him for your real estate needs!”

LB ·

Photo of Collin Vold
EXP Realty MN
“Noah provided excellent pictures/media/decsriptions. He was very strategic in marketing my house and I was able to receive more than my asking price. Noah was very responsive and reassuring throughout the whole process. Highly, Highly Recommended!”

Pam Geyer · Little Falls, MN

Photo of Noah Goedker
eXp Realty
“Working with Alex on the sale of our home was a great experience. He was so responsive to all our questions and did a fantastic job marketing our house. We were thrilled to have multiple offers within the first 24 hours. We definitely recommend working with him!”

Ami johnson ·

Photo of Alex Huffman
eXp Realty
“Dan is easy to work with. He is very responsive to calls, emails and texts. He was with me every step of the way from showing through closing. Dan works with Buyers and sellers and is also a great Pro to have on speed dial if you are an Investor in real estate. I purchased a primary residence using Dan, and have spoken to him about investment real estate and he is full of knowledge and experience.”

shane50787 ·

Photo of Dan Pflugshaupt
Lakeplace.com
“Mike took the time and effort to make selling a childhood home that has been in our family for 50 plus years easy and stress free. Mike took EVERY chance to make me and my wife feel at ease in both the selling and buying process. It was good to know that we were in good hands and felt like family!!! The extensive knowledge that he brought to not only the selling of our home but the buying of our new home was amazing. We choose to Build a house and the transition was smooth and flawless because he took every challenge on for us so that we didn't have to be stressed with them. I would recommend Mike Gerdes without hesitation. Thank you Mike for all the hard work you put in for me and my wife we really appreciated it!!!!”

aaronandmissygerdes ·

Photo of Jamie Gerdes II
Frontier Real Estate Group
“Jill Macnamara was unusual as a realtor...for all the right reasons. We've never had a realtor so attuned to the area and so eager to be the best. She worked so hard to sell our home, I felt like it was her home. It wasn't on the market much more than a week before it was snapped up. She staged it; literally brought in furniture and tasteful pictures and knickknacks; I wanted to move back in it looked so nice. She took her own photographs to get our house online early as a "Coming Soon" property, and her professional photographer then did a wonderful job; Jill even had him make a walkthrough video which was a real attention-getter. She knew local cleaners who were excellent (carpet, entire house) and who worked us into their busy schedule because Jill had recommended them. Even after our house sold, Jill was following up to make sure every document, every check, every little detail was complete and that we were satisfied. Wish all realtors were like this. Jill is a gem.”

casperkatherine ·

Photo of Jill Macnamara
RE/MAX Results
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Pequot Lakes. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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