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House Prices & Home Values Oak Island, MN 2026Average Data
05/21/2026 - The value range (VR) for house prices in Oak Island, MN is $89/ sqft to $89/ sqft. An average home with 2185 sqft costs approximately $194,465 to $194,465. Oak Island, MN includes 1 ZIP codes and it is located in Lake of the Woods county. The lowest prices are found in ZIP 56741, while the highest are in ZIP 56741. The average price per sqare feet is $91. Our analysis is based on 7 property listings. Avergage prices by ZIP codes Oak Island
Historical development of home values in Oak Island
Graph: estimated home values in Oak Island over time (USD)Example: 100% financing house in Oak IslandLoan amount: $197,615 Interest rate: 6.00% Fixed monthly payment: $1,184.80
Breakdown in the 1st month: Yearly breakdown (100% financing)
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included. How to sell in Oak Island, MN
In 2026, houses in Oak Island, MN will be offered at an average price of $91 per square foot. A 1,500 sqft home priced at $165,165 is 22.66% more expensive per square foot than a 3,900 sqft home priced at $351,351. Home prices in Oak Island, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $243,244. Sellers who can wait longer may achieve a higher price of up to $297,297. Discover Oak Island, MNNestled in the Northwest Angle of Lake of the Woods, Oak Island, MN is a remote, nature-rich getaway with big-water views and small-town warmth. This northern Minnesota destination draws anglers, paddlers, and wildlife lovers seeking pristine waters and uncrowded shores. Location & AccessLocated near the U.S.?Canada border, Oak Island is accessible seasonally by boat, water taxi, or floatplane, and in winter by ice road or snowmobile trails. Visitors commonly route through Angle Inlet to reach resorts and marinas dotted around sheltered bays and pine-studded shorelines. Things to DoWorld-class fishing for walleye, sauger, northern pike, and muskellunge anchors the experience on Lake of the Woods. In summer, guests enjoy boating, kayaking, sandy island picnics, and sunset cruises, while fall brings fiery colors and quiet trails for birding and photography. Winter shines with celebrated ice fishing, snowmobiling across groomed routes, and frequent displays of the northern lights on clear, crisp nights. Lodging & AmenitiesCozy resorts and cabin rentals on Oak Island Minnesota offer dockage, guide services, fish cleaning houses, and hearty meals that showcase classic Northwoods hospitality. Travel TipsPlan ahead for border considerations, weather swings, and limited services, packing layers, navigation apps, and any specialty gear you prefer. Whether you?re chasing trophy fish or a peaceful cabin retreat, Oak Island, MN delivers an unforgettable Northwoods adventure far from everyday crowds. FAQ – Home Values in Oak IslandWhat is the median home value in Oak Island in 2026?In 2026, the typical home value in Oak Island is about $197,615 for an average home size of 2185 square feet. This corresponds to an average price of roughly $91 per square foot. What is the average cost per square foot in Oak Island?In 2026, homes in Oak Island sell for an average of around $91 per square foot, with a typical range between $89 and $89 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in ?The average home size in Oak Island is about 2185 square feet, with an estimated 2026 value around $197,615. Locations close to Oak Island, MN
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