Sherwood Forest Lodge Complex · Photo: Kelvin0mql · CC BY-SA 3.037 homes sold in Lake Shore in the last year, at a typical $765K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Shore homes are listed.
Every place Lake Shore homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Shore.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 90% of Lake Shore’s sales, at a typical $1M (year to May 2026)
37 homes sold in the year to September 2026.
typical sale · 35 sold in the year to May 2026
- Per square foot
- $406MN $191
- Days to sell
- 77
- Sold over asking
- 26%
- Listings with a price cut
- 28%
Townhouses: 4 sold, typical $710K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.2 times the 2016 price
37 sales in the last year, against 56 in 2020 and a low of 31 in 2024. The typical sale went from $350K in 2016 to $765K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $750K buys in Lake Shore
Check a listing against what Lake Shore homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lake Shore are more common than before the pandemic, but 58% fewer homes come up for sale
We read every month of Lake Shore’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 37 sales.
If you’re buying in Lake Shore
- Shop in March. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Bid near asking. Buyers paid 99.2% of the list price on average; 20% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 51 days.
Spring brings the homes; fall brings the bidding wars
May has the most new listings (about 7 a month), but October is the most competitive: 35% of October sales close over asking. March offers nearly as much choice with fewer homes bid up (14%). January has the least competition (5%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Minnesota
| Lake Shore now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 20% | 9% | 43% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 32% | 58% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 95.5% | 100.4% | 99% |
| Days to sellMedian days from listing to contract | 51 | 101 | 20 | 38 |
7 homes for sale on a typical day
That’s 58% fewer than in 2017–19 and well under 2012’s 34.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lake Shore home costs about $4,480 a month
Price: Lake Shore’s typical sale, last 12 months. Property tax at Lake Shore’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Shore is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. November has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $765K home, about $5,860 a year.
Taxes vs. neighborsSchools
The schools grade for Lake Shore, from test results, graduation and how much students grow.
Schools in Lake ShoreTypical commute
The average one-way trip to work for people who live in Lake Shore.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Nisswa, Pequot Lakes, Breezy Point, Baxter and Brainerd sell for less a square foot; East Gull Lake for far more
The busier markets within 25 miles of Lake Shore, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Brainerd | 230 | $248K | $164 | 27% | 40 |
| Baxter | 139 | $370K | $182 | 25% | 34 |
| Breezy Point | 77 | $400K | $230 | 10% | 50 |
| Nisswa | 61 | $621K | $304 | 25% | 43 |
| Pequot Lakes | 59 | $422K | $275 | 22% | 56 |
| Lake Shore | 37 | $765K | $346 | 20% | 51 |
| East Gull Lake | 24 | $1.4M | $573 | 18% | 39 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lake Shore, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Shore. People who follow the town see it, and so do people comparing Lake Shore with their own town. No commission, no listing fee.
Questions about buying a home in Lake Shore
What do homes sell for in Lake Shore, MN?
37 homes sold in the year to September 2026 at a typical $765K, $346 a square foot.
Is Lake Shore a buyer’s or seller’s market?
A seller’s market: 7 homes were for sale in September 2026 and 4 sold, about 1.8 months of supply. Buyers paid 99.2% of asking on average.
When is the best time to buy in Lake Shore?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lake Shore?
About 0.8% of a home’s value a year. On a $765K home that’s near $5,860.
Where can I see homes for sale in Lake Shore?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Shore’s MLS listings; the search links above open each one filtered to Lake Shore.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).