Is Squaw Lake, MN 56681 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Squaw Lake is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Squaw Lake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Itasca County, MN

Population	267
Median income	$50,833
Average income	$60,059
Median home value	$146,900
Median rent	$542/month
Owner-occupied	79% of homes
Median year built	1976

Natural hazard riskExtreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 56681; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56681

Prefilled for 56681Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56681Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bigfork 56628Balanced $189 /sq ft Bovey 55709Seller’s market $168 /sq ft Calumet 55716Seller’s market $130 /sq ft Cohasset 55721Seller’s market $221 /sq ft Browse all markets →

Where Squaw Lake is

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Questions about Squaw Lake real estate

What are property taxes in Squaw Lake?

About 0.86% of a home’s value a year in Itasca County, or roughly $3,440 on a $400,000 home.

Local agents

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More tools for 56681

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Itasca County property taxes Itasca County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology