Pequot Lakes, MN

Real estate in Pequot Lakes, Minnesota is a hot commodity. The city has a population of just over 10,000 people and is located in the northwest corner of Hennepin County. The city is surrounded by lakes and boasts beautiful scenery. There are many homes for sale in Pequot Lakes, but the market is tight.

The median home price in Pequot Lakes was $269,900 as of May 2017. This figure has increased by 5% over the past year and there are currently nine active listings on the market. The average list price per square foot was $128 as of May 2017. This figure is slightly higher than the statewide average of $123 per square foot, but it's still considered to be a reasonable price for this area.

There are many reasons why people are interested in purchasing property in Pequot Lakes. First and foremost, it's a great place to live with plenty of amenities and activities available nearby. Second, the city's economy is doing well thanks to its proximity to Minneapolis and St Paul which are both major metropolitan areas. Finally, there's plenty of room to grow here since the population density is low compared to other cities in Minnesota.