The median home value in Fall Lake, MN is $404,200. This is higher than the county median home value of $184,400. The national median home value is $219,700. The average price of homes sold in Fall Lake, MN is $404,200. Approximately 35.58% of Fall Lake homes are owned, compared to 2.4% rented, while 62.03% are vacant. Fall Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fall Lake real estate agent to arrange a tour today!
Fall Lake, Minnesota has a population of 682. Fall Lake is less family-centric than the surrounding county with 12.6% of the households containing married families with children. The county average for households married with children is 27.09%.
The median household income in Fall Lake, Minnesota is $64,135. The median household income for the surrounding county is $56,078 compared to the national median of $57,652. The median age of people living in Fall Lake is 64.8 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 2.1 degrees. The average rainfall is approximately 30.8 inches per year, with 78.5 inches of snow per year.