Chisago Lake, MN housing market
Home prices around Chisago Lake have risen about 40% over the past 5 years.
Home values, sales, trends and how Chisago Lake compares with the towns next door — updated as new data is published.
Home prices up 40% in 5 years
The federal house price index for the ZIP codes around Chisago Lake rose 40% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 1.5%. Carrying the Census median home value forward with that index puts the typical Chisago Lake home at roughly $669,000 today.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +1.5% | +130% | +127% |
| 2024 | +3.6% | +126% | +120% |
| 2023 | +3.2% | +118% | +113% |
| 2022 | +15% | +112% | +104% |
| 2021 | +13% | +85% | +82% |
| 2020 | +5% | +64% | +66% |
| 2019 | +3.8% | +56% | +61% |
| 2018 | +6.6% | +50% | +55% |
| 2017 | +8.9% | +41% | +46% |
| 2016 | +4.2% | +29% | +38% |
| 2015 | +8.3% | +24% | +32% |
| 2014 | +6.5% | +15% | +28% |
| 2013 | +2.6% | +7.7% | +21% |
| 2012 | −1.4% | +5% | +16% |
| 2011 | −10% | +6.4% | +18% |
| 2010 | −9% | +19% | +25% |
| 2009 | −10% | +30% | +33% |
| 2008 | −5.8% | +45% | +42% |
| 2007 | −2% | +54% | +48% |
| 2006 | +3.1% | +57% | +49% |
| 2005 | +11% | +52% | +45% |
| 2004 | +7.9% | +38% | +34% |
| 2003 | +7.7% | +28% | +23% |
| 2002 | +8% | +19% | +18% |
| 2001 | +9.9% | +9.9% | +9.2% |
| 2000 | — | — | — |
How Chisago Lake ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55045, 55013, 55012, 55056, 55073, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Chisago Lake and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2015 | Median income |
|---|---|---|---|---|---|
| Chisago Lake | — | +1.5%† | $1,530 | — | $133,220 |
| Chisago City | $443K | +2.3% | $1,540 | — | $102,197 |
| Center City | $410K | +2.7% | $1,570 | — | $96,875 |
| Lindstrom | $394K | +2.4% | $1,520 | 0 | $98,226 |
| Franconia | — | +6.1%† | $1,520 | — | $116,875 |
| Sunrise | — | +5.5%† | $1,650 | — | $110,938 |
| Shafer | $357K | +2.6% | $1,520 | — | $114,511 |
† FHFA price index change, where Zillow has no home value for the town.
3.3 years of income
The typical Chisago Lake home costs about 3.3 years of the town's median household income, less than across Minnesota (3.9 years).
How Chisago Lake ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,530
HUD's Fair Market Rent for a two-bedroom in Chisago Lake is $1,530 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 14% of the town's median household income.
Studio $1,110 · 4 bedrooms $2,290
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55012, 55013, 55045, 55056, 55073; Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.