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Foreclosure Homes in Round Lake, MN

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Round Lake, MN Foreclosures

Current Market Conditions in in Round Lake, MN As of March 2026?
Over the past month, Round Lake's housing market has seen a slight increase in home sales as interest rates stabilize, leading to more buyers entering the market. The average home price has increased modestly, reflecting ongoing buyer enthusiasm for properties in the area. New listings have also appeared, giving buyers more options, although competition remains for desirable homes, especially those near the lake. Real estate professionals note that the market remains healthy, with low inventory prompting quicker sales.
How much do homes sell for in Round Lake, MN?
The average home price is currently $258,712.
In Round Lake, MN, how many homes are available?
There are currently 2 active home listings available in Round Lake.
What’s the average rental cost in Round Lake, MN?
The average rental price in Round Lake is $1,223.
What is the most expensive home in Round Lake?
The most expensive home sold in Round Lake had a price of $1,474,953.
What is currently the cheapest priced home in Round Lake, MN?
The cheapest home for sale in Round Lake is priced at $22,070.

Living in Round Lake, MN

Round Lake is a quaint community located in southwestern Minnesota known for its natural beauty and tight-knit atmosphere. This small town offers the charm of rural living while being conveniently located near larger cities for commerce and amenities. Residents enjoy various recreational activities including fishing and boating on the picturesque Round Lake.

Buyer vs Seller Market in Round Lake, MN

The real estate market in Round Lake is currently experiencing a steady demand among buyers, particularly for single-family homes and lakeside properties. Prices have shown moderate growth due to the appealing environment and recreational offerings. As more people seek properties in rural locations, the area's charm and affordability have become attractive attributes for potential homeowners.

Recent trends indicate that properties with waterfront access to Round Lake are commanding higher prices due to their limited availability. There has also been a noticeable increase in interest from retirees and those looking to enjoy a slower-paced lifestyle away from the hustle of urban areas.

Home Value Estimator For Round Lake, MN

There are currently 299 real estate properties in Round Lake, MN, with a median automated valuation model (AVM) price of $166,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Round Lake, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Round Lake, MN, is $258,712.00, with the most expensive house in Round Lake, MN, topping out at $1,474,953.00 and the cheapest home in Round Lake, MN, clocking in at $22,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Round Lake, MN!

Rent Prices In Round Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Round Lake, MN, is on a rollercoaster ride. The average rent price in Round Lake, MN, is $1,223.00. Indeed, when looking to rent in Round Lake, MN, you can expect to pay as little as $570.00 or as much as $2,570.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Round Lake, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Round Lake, MN Foreclosures


Market Trend for Round Lake, MN

Total Listings Available: 2

Market Values:

Home Prices from $22,070 to $1,474,953

Average Sales Price: $258,712

Rental Values:

Rental from $570 to $2,570

Average Rent Value: $1,223 / month

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