Heron Lake Housing Market Report April 2025•Jackson County, Minnesota

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Housing Prices in Heron Lake, MN

How much do homes in Heron Lake, MN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$170,700$79/SqFt
-$6,800
-3.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Heron Lake has decreased by 3.8% since last year.

Summary: The median home list price in Heron Lake was $170,700 in April 2025, down 3.8% from the previous year, and the median price per square foot was $79.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2$125.7K$112.5K
-10.5%
3$179K$161.9K
-9.6%
4$212K$319K
+50.5%
5-$189.9K
N/A

Summary: Heron Lake 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 decreased by -10.5%. The home price for 3 bedroom homes decreased by -9.6%. The home price for 4 bedroom homes increased by +50.5%. The home price for 5 bedroom homes did not change.

How does Heron Lake, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Heron Lake, MN

Housing supply in Heron Lake, MN

How many homes are available in Heron Lake, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthApr 2025
22 months agoMar 2025
+50.0 %
Change MoMMar – Apr

Summary: The Heron Lake real estate market had 3 homes for sale in Apr 2025, a 50.0 % increase compared to Mar 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
312
+100.0%
400
0.0%
500
0.0%
100
0.0%
211
0.0%

Summary: Heron Lake housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Heron Lake, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Heron Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Heron Lake in April 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Heron Lake, MN

How long does it take to sell a home in Heron Lake, MN?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Heron Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 1 homes were sold in Heron Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
126 DaysThis YearApr 2025
291 Days1 year agoApr 2024
-56.6 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Heron Lake had an average listing age of 126 days in Apr 2025, down by 56.6% compared to the previous year.

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Newest Listings in Heron Lake, MN

What homes are available in Heron Lake, 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: 5/6/2025, 12:53:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.