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MN area data

Round Lake, MN

Round Lake, MN.

Population: 555 (Census ACS)

The typical home value in Round Lake, MN is $174,427 — up 7.5% over the past year. Homes sell for a median $199,000 after a median 21 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with winter weather, cold wave, drought the top-rated hazards. Cost of living is 11.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$174,427

Typical home value

+7.5%

1-year change

21

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$174,427
1-year appreciation
+7.5%
3-year appreciation
+19.3%
5-year appreciation
+42.1%
10-year appreciation
+76.1%
Peak value since 2000 (May 2026)
$176,087
House Price Index (state)
442.4 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$199,000
Median list price
$177,450
Median price per sqft
$154
1-year sale-price change
+131.4%
Median days on market
21 days
Homes sold (recent period)
1
Sale-to-list ratio
97.1%
Active listings
1
1-year forecast
+3.2%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$706/mo
1BR fair-market rent
$922/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,328/mo
4BR fair-market rent
$1,333/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
88.6 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
winter weather, cold wave, drought, hail, ice storm
Notable hazard ratings (county)
winter weather: Relatively High · hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · cold wave: Relatively Moderate · ice storm: Relatively Moderate
Wildfire risk to homes (county)
Higher than 7% of US counties
Buildings in wildfire direct-exposure zone
33.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
55.0°F
Average low
34.0°F
Annual precipitation
30.5 in
Annual snowfall
45.2 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
1
Nearest national park
Pipestone National Monument (43 mi)
Airports within 30 mi
9
Nearest airport
Worthington Municipal Airport (OTG) (4 mi)
Hospitals in or near this ZIP
15
Hospitals include
SPENCER MUNICIPAL HOSPITAL, LAKES REGIONAL HEALTHCARE, AVERA MERRILL PIONEER HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
4.0 / 5
EV charging stations (within 10 mi)
6
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-219 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1955
Housing built before 1970
66.3%
Housing built 2000 or later
4.5%
Median annual property tax
$1,305
Mean commute to work
25 min
Households with broadband internet
75.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
8,371
Average weekly wage
$1,148
Top industries (by employment)
Accommodation & Food, Agriculture, Wholesale Trade
Annual residential building permits (county)
94

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Round LakeState medianUS median
Typical home value$174,427$300,176$288,527
Median sale price$199,000$315,500$325,000
Median days on market21 days39 days51 days
Median annual property tax$1,305$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Round Lake, MN?
$174,427.
What is the median sale price in Round Lake, MN?
$199,000.
How long do homes take to sell in Round Lake, MN?
Median days on market: 21 days.
What is typical rent in Round Lake, MN?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Round Lake, MN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: winter weather, cold wave, drought, hail, ice storm.
What is the wildfire risk in Round Lake, MN?
Risk to homes is higher than 7% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Round Lake, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Round Lake, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in Round Lake, MN?
Regional Price Parity: 88.6 (100 = US average) (Low) (BEA RPP, metro/state-level).

ZIP code for Round Lake

Listing a home in Round Lake, MN?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents