House Prices & Home Values Oklee, MN 2026

Average Data

average house price	$163,280
average size per house	1975 ft²
average price per ft²	83 $ / ft²

05/21/2026 - The value range (VR) for house prices in Oklee, MN is $83/ sqft to $83/ sqft. An average home with 1975 sqft costs approximately $163,925 to $163,925. Oklee, MN includes 1 ZIP codes and it is located in Red Lake county. The lowest prices are found in ZIP 56742, while the highest are in ZIP 56742. The average price per sqare feet is $83. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Oklee

56742

87 $ / ft²

Historical development of home values in Oklee

Year	Estimated value (USD)	Change vs. 2025
2010	$75,830	-53.6%
2011	$72,898	-55.4%
2012	$72,702	-55.5%
2013	$75,419	-53.8%
2014	$79,169	-51.5%
2015	$83,232	-49.0%
2016	$87,576	-46.4%
2017	$92,303	-43.5%
2018	$97,406	-40.3%
2019	$101,922	-37.6%
2020	$107,191	-34.4%
2021	$121,919	-25.3%
2022	$142,130	-13.0%
2023	$149,882	-8.2%
2024	$158,553	-2.9%
2025	$163,280	0.0%

Graph: estimated home values in Oklee over time (USD)

Example: 100% financing house in Oklee

Loan amount: $163,280

Interest rate: 6.00%

Fixed monthly payment: $978.95

Breakdown in the 1st month:
Interest portion: $816.40 – Principal portion: $162.55

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$9,742.26	$2,005.10	$161,274.90
2	$9,618.59	$2,128.77	$159,146.13
3	$9,487.29	$2,260.07	$156,886.07
4	$9,347.89	$2,399.46	$154,486.61
5	$9,199.90	$2,547.45	$151,939.15
6	$9,042.78	$2,704.58	$149,234.58
7	$8,875.96	$2,871.39	$146,363.19
8	$8,698.86	$3,048.49	$143,314.70
9	$8,510.84	$3,236.51	$140,078.19
10	$8,311.22	$3,436.13	$136,642.05
11	$8,099.29	$3,648.07	$132,993.98
12	$7,874.28	$3,873.07	$129,120.91
13	$7,635.40	$4,111.96	$125,008.96
14	$7,381.78	$4,365.57	$120,643.38
15	$7,112.52	$4,634.83	$116,008.55
16	$6,826.66	$4,920.70	$111,087.86
17	$6,523.16	$5,224.19	$105,863.66
18	$6,200.94	$5,546.41	$100,317.25
19	$5,858.85	$5,888.50	$94,428.75
20	$5,495.66	$6,251.69	$88,177.06
21	$5,110.07	$6,637.28	$81,539.77
22	$4,700.70	$7,046.66	$74,493.12
23	$4,266.07	$7,481.28	$67,011.84
24	$3,804.65	$7,942.71	$59,069.13
25	$3,314.76	$8,432.60	$50,636.54
26	$2,794.65	$8,952.70	$41,683.84
27	$2,242.47	$9,504.88	$32,178.95
28	$1,656.23	$10,091.12	$22,087.83
29	$1,033.83	$10,713.52	$11,374.31
30	$373.04	$11,374.31	$0.00

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 Oklee, MN

	1500 sqft	3900 sqft
Ø selling price	$150,645	$320,463
Ø fast selling	$136,950	$288,417
Ø high price sale	$164,340	$352,510

In 2026, houses in Oklee, MN will be offered at an average price of $83 per square foot. A 1,500 sqft home priced at $150,645 is 23.87% more expensive per square foot than a 3,900 sqft home priced at $320,463. Home prices in Oklee, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $221,860. Sellers who can wait longer may achieve a higher price of up to $271,162.

FAQ – Home Values in Oklee

What is the median home value in Oklee in 2026?

In 2026, the typical home value in Oklee is about $163,280 for an average home size of 1975 square feet. This corresponds to an average price of roughly $83 per square foot.

What is the average cost per square foot in Oklee?

In 2026, homes in Oklee sell for an average of around $83 per square foot, with a typical range between $83 and $83 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 Oklee is about 1975 square feet, with an estimated 2026 value around $163,280.

Locations close to Oklee, MN

Oslo, MN	95 $ / ft²
Plummer, MN	123 $ / ft²
Red Lake Falls, MN	66 $ / ft²
Oak Island, MN	88 $ / ft²
Newfolden, MN	117 $ / ft²
Middle River, MN	86 $ / ft²

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