Detroit Lakes, MN
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    Price
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    Operating Costs & Financing

    Detroit Lakes property taxes are above the county average by 0.03 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $34.24 per sq ft
    Tax Rate (average for all types) 1.50%
    Tax Rate vs County Average 0.03 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Detroit Lakes.

    Detroit Lakes Demographics Overview

    Population 18K
    Population Growth (5Y) +5.4%
    Median Household Income $68,980
    College Educated 42.2%

    Top Neighborhoods for Investment

    Discover the areas of Detroit Lakes with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    56501 $225K - 899K $562K

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