Big Lake, MN
Full City Profile · Minnesota · Carlton County County
3.3
/5.0
B
Good
351
Population
5,715/sq mi density
$84,583
Median Income
$46,852 per capita
$251,000
Home Value
$376,679 Zillow
40°F
Avg Temperature
132
Violent Crime/100K
387 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$84,583 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$251,000 home value, /mo rent
F
Safety
1.0 / 5.0
132 violent crimes/100K
B
Education
3.0 / 5.0
25.4% bachelor's degree or higher
Housing Overview
Median Home Value
$251,000
11% below
US avg: $281,900
Homeownership Rate
88.2%
35% above US avg (65.4%)
Total Housing Units
222
Median year built: 1978
Home Value by Source
Census Median
$251,000
Zillow (ZHVI)
$376,679
Redfin Median Sale
$340,000
Median Sale Price
$340,000
Median List Price
$304,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.2%
Owner-Occupied
11.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Market Indicators (Redfin)
Median Sale Price
$340,000
Median Days on Market
27 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
12.0%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
25
homes for sale
Affordability & Housing Stock
Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
88.2%
Complete Housing Data
Home Values
| Census Median Value | $251,000 |
| Zillow Home Value (ZHVI) | $376,679 |
| Redfin Median Sale | $340,000 |
| Median Sale Price | $340,000 |
| Median List Price | $304,000 |
| Price Per Sq Ft | $167 |
Rent
| Zillow Rent (ZORI) | $1,605 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.0% |
| Homes Sold | 5 |
| Active Inventory | 25 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 88.2% |
| Renter-Occupied | 11.8% |
| Homeownership Rate | 88.2% |
| Total Housing Units | 222 |
| Median Year Built | 1978 |
| Rent Burden | 9.0% |