Is Howard Lake, MN 55349 a buyer’s or seller’s market?
Howard Lake is a seller’s market. With about 1.5 months of supply and 26% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 82% of U.S. ZIP codes, and #85 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Howard Lake housing market right now
In the three months ending August 31, 2026, 26% of homes in Howard Lake, MN 55349 sold above their list price, the typical home went under contract in 16 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (20 days then) and the median sale price rose 19% to $364,842. Overall, Howard Lake is less competitive than a year ago, which gives buyers more room.
Within Wright County, homes here sell faster than in 91% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Howard Lake ranks #85 of 296 MN ZIP codes with enough sales (score 77 out of 100).
Nearby, buyers who want less competition could look at Delano 55328 (22% sold over asking), while Cokato 55321 (47% sold over asking) and Waverly 55390 (38% sold over asking) are even more competitive.
Run the numbers for 55349
Nearby markets
Albertville 55301Seller’s market $185 /sq ftAnnandale 55302Seller’s market $230 /sq ftBuffalo 55313Seller’s market $185 /sq ftCokato 55321Balanced $164 /sq ft Browse all markets →Towns like Howard Lake nearby
Find towns like Howard Lake in other states →Where Howard Lake is
Loading map…
Questions about Howard Lake real estate
Is Howard Lake a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Howard Lake, MN 55349 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Howard Lake?
The typical home went under contract in 16 days in the latest three months.
Do homes in Howard Lake sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Howard Lake?
About 0.98% of a home’s value a year in Wright County, or roughly $3,920 on a $400,000 home.
What is the median home price in Howard Lake?
The median sale price was $364,842 in the three months ending August 31, 2026, about $192 per square foot.
Local agents
See all agents in 55349 →No sponsored agents in 55349 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 55349
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology