2 days on Rocket
#6711119, Listing Office: Sandelands Realty
Bay Lake Township Housing Market Report April 2025•Crow Wing County, Minnesota
Housing Prices in Bay Lake Township, MN
How much do homes in Bay Lake Township, MN cost?
Housing Market Conditions
Is Bay Lake Township, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bay Lake Township is a Seller's Market
Difference Since April 2024
Since last year, Bay Lake Township has remained a Seller's Market.
Insight
Bay Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$406,000$297/SqFt
+$3,000
+0.7%
Based on all homes sold in the last 12 months
Insight
Homes in Bay Lake Township have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Bay Lake Township was $406,000 in April 2025, up 0.7% from last year, and the median price per square foot was $297.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Deerwood Township | $340K | $356K | +4.7% |
| Bay Lake Township | $403K | $406K | +0.7% |
| Hazelton Township | $405K | $391.2K | -3.4% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $309.2K | - | N/A |
| 22 Bedrooms | $297K | $373K | +25.6% |
| 33 Bedrooms | $432.5K | $356K | -17.7% |
| 44 Bedrooms | $376.5K | $886.5K | +135.5% |
| 55+ Bedrooms | $1.4M | $420K | -70.0% |
Summary: Bay Lake Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +25.6%. The home price for 3 bedroom homes decreased by -17.7%. The home price for 4 bedroom homes increased by +135.5%. The home price for 5 bedroom homes decreased by -70.0%.
How does Bay Lake Township, MN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Bay Lake Township, MN
Housing supply in Bay Lake Township, MN
How many homes are available in Bay Lake Township, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthApr 2025 | ||
| 132 months agoMar 2025 | -7.7 % Change MoMMar – Apr |
Summary: The Bay Lake Township real estate market had 12 homes for sale in Apr 2025, a 7.7 % decrease compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthApr 2025 | ||
| 32 months agoMar 2025 | +66.7 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 8 | 8 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Bay Lake Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Bay Lake Township, MN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Bay Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bay Lake Township in April 2025, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Bay Lake Township, MN
How long does it take to sell a home in Bay Lake Township, MN?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in Bay Lake Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 5 homes were sold in Bay Lake Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 55 DaysThis YearApr 2025 | ||
| 32 Days1 year agoApr 2024 | +70.8 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Bay Lake Township had an average listing age of 55 days in Apr 2025, up by 70.8% compared to the previous year.
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Newest Listings in Bay Lake Township, MN
What homes are available in Bay Lake Township, MN?
Coming soon
$4,749 Closing Credit¹
#6707807, Listing Office: Blackbridge Real Estate
$4,275 Closing Credit¹
#6705237, Listing Office: Odyssey Real Estate Group
$2,791 Closing Credit¹
#6688549, Listing Office: MN Real Estate and Management LLC
$3,680 Closing Credit¹
#6684001, Listing Office: eXp Realty
#6574714, Listing Office: Coldwell Banker Crown Realtors
$2,731 Closing Credit¹
#6540975, Listing Office: Edina Realty, Inc.
#6483929, Listing Office: Leader Real Estate Group, Inc.
#6483960, Listing Office: Leader Real Estate Group, Inc.
#6484044, Listing Office: Leader Real Estate Group, Inc.
Nearby markets
Nearby markets aren't available for Bay Lake Township, MN
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 05/01/2023 - 05/01/2025
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Last updated on: 5/2/2025, 10:22:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.