The median home in Crane Lake, Minnesota is valued at $287,730, up 9.1% year over year. Crane Lake is part of the Duluth, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$287,730

+9.1%

Prices rising — worse for buyers.

Affordability

Enter your income for Crane Lake.

Income (annual)

Down Payment

$57,546 on $287,730

Example: $75,000 household income. Change it above to see your own.

Stretch30% of income

Above 28% but manageable with cuts.

PITI$1,873

P/I30%

Afford$269K

Gap-$19K

P&I $1,455Tax $269Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Crane Lake with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Duluth, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Duluth, MN-WI metro.

View Duluth, MN-WI metro

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Crane Lake, MN