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Crosslake, MN

Full City Profile · Minnesota · Crow Wing County County

3.5 /5.0
B+ Good
2,648 Population 103/sq mi density
$85,000 Median Income $56,248 per capita
$540,200 Home Value $434,576 Zillow
$1,105 Median Rent 28.3% income on rent
42°F Avg Temperature 276 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,000 median income, 1.2% unemployment
B
Affordability
3.1 / 5.0
$540,200 home value, $1,105/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.7 / 5.0
33.9% bachelor's degree or higher

Housing Overview

Median Home Value
$540,200
92% above
US avg: $281,900
Median Rent
$1,105/mo
5% below
US avg: $1,163/mo
Homeownership Rate
86.1%
32% above US avg (65.4%)
Total Housing Units
3,043
Median year built: 1990

Home Value by Source

Census Median
$540,200
Zillow (ZHVI)
$434,576
Median Sale Price
$290,000
Median List Price
$1,312,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.1%
Owner-Occupied
13.9%
Renter-Occupied
86%
14%
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
Census median rent: $1,105/mo

Market Indicators (Redfin)

Median Days on Market
197 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$261
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
86.1%

Complete Housing Data

Home Values

Census Median Value$540,200
Zillow Home Value (ZHVI)$434,576
Median Sale Price$290,000
Median List Price$1,312,500
Price Per Sq Ft$261

Rent

Census Median Rent$1,105
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 Market197
Sale-to-List Ratio1.0%
Price Drops8.3%
Homes Sold2
Active Inventory12
Price Per Sq Ft$261

Ownership & Stock

Owner-Occupied86.1%
Renter-Occupied13.9%
Homeownership Rate86.1%
Total Housing Units3,043
Median Year Built1990
Rent Burden28.3%