Why Live in Crosslake
Minnesota is known for two things: lakes and cold weather. Crosslake has plenty of both, and makes the most of them. This active community nestled among the pine trees and waterways of north-central Minnesota offers a year-round recreational retreat. It’s such a popular destination that the population of about 2,500 can swell to around 15,000 during the summer months, as visitors and seasonal residents join locals in an array of waterfront recreation and community events. “About 80 or 90 percent of the properties we sell are second or third homes, folks looking to get out of the city,” says Brandon Pederson of Northland Sotheby's International Realty, who has sold dozens of homes in the community. “During COVID, we had a lot of people move her full time, but now it’s back to the way it used to be.” When temperatures drop, residents have snowshoeing trails and ice-fishing spots all to themselves, and the community stays active and engaged. “Compared to 20 years ago, it’s booming in the winter,” Pederson adds. “The Chamber of Commerce has done a good job of scheduling events, and there’s always things going on.” The community is surrounded by several of the Whitefish Chain’s lakes,
Home Trends in Crosslake, MN
On average, homes in Crosslake, MN sell after 47 days on the market compared to the national average of 69 days. The median sale price for homes in Crosslake, MN over the last 12 months is $662,500, up 48% from the median home sale price over the previous 12 months.
Median Sale Price
$662,500
Median Single Family Sale Price
$688,000
Median Townhouse Sale Price
$879,900
Average Price Per Sq Ft
$482
Number of Homes for Sale
13
Last 12 months Home Sales
79
Median List Price
$799,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
48%