Long Lake, MN Home Prices — 2025 Guide
Real, current home price data for Long Lake — median values, price tiers by budget, bedroom breakdowns, and neighborhood comparisons from The PRO Team at RE/MAX RESULTS.
Median Home Price
$675,000
As of 2025
Price Per Sq Ft
$225
Median, single-family
Annual Appreciation
+3.8%
Year-over-year
Days on Market
19 days
Median time to offer
Home Price Ranges by Budget — Long Lake
Long Lake real estate spans a wide range of budgets. Here's how the market segments break down relative to the $675,000 median.
Entry-Level / Starter Homes
Entry-Level$325K – $460K
Condos, townhomes, and smaller single-family homes. Ideal for first-time buyers and downsizers looking for value and low maintenance.
Mid-Market / Move-Up Homes
Most Active$540K – $810K
3–4 bedroom single-family homes in established neighborhoods — the most active segment of the market with strong resale demand.
Premium Upper-Market
Premium$910K – $1.2M
4–5 bedroom homes with premium finishes, larger lots, and upgraded amenities in the best school zones.
Luxury & Estate Homes
Luxury$1.4M+
Custom estates, lakefront properties, and architecturally significant homes — often off-market or pre-marketed through luxury networks.
Price by Bedroom Count — Long Lake
Typical price ranges by bedroom count based on recent Long Lake sales. Actual prices vary by neighborhood, condition, and lot size.
Studio / 1 Bed
Condos & co-ops
$215K – $350K
2 Bedroom
Condos & townhomes
$350K – $505K
3 Bedroom
Single-family — most common
$525K – $710K
4 Bedroom
Move-up single-family
$745K – $980K
5+ Bedroom
Estate & luxury homes
$1.0M+
Price by Neighborhood
+3.8%
At this pace, today's median $675,000 home could be worth approximately $700K within a year.
Long Lake sellers benefit from consistent demand driven by school district desirability and relative value positioning. The community's affordable entry into the Orono school district creates steady buyer interest.
Price Analysis — Long Lake Real Estate
Long Lake has appreciated 3.8% annually. Its value proposition — Orono schools at Minnetonka prices — drives sustained demand from budget-conscious buyers who still prioritize educational quality.
- Median price: $675,000 — reflecting consistent, sustained buyer demand in Long Lake
- $225 per square foot — a reliable benchmark when comparing individual listings
- 19 median days on market — a competitive environment requiring pre-approval and decisive action
- +3.8% annual appreciation — outpacing most national housing benchmarks
- 14+ active listings — inventory that favors sellers with scarcity driving strong offers
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* Price ranges are based on recent market activity and are informational only. Contact The PRO Team for a precise, personalized market analysis.
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