Is Ham Lake a buyer's or seller's market right now?

Ham Lake is currently a balanced market with 3.8 months of supply. 50% of homes sell above asking price, and 81.3% go pending within two weeks. The Ridley Sell Score for Ham Lake is 73/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Ham Lake?

The median home price in Ham Lake is $641,000, down 1.4% year-over-year. The median price per square foot is $217. Homes sell in a median of 23 days with a sale-to-list ratio of 101.1%.

How much does it cost to sell a home in Ham Lake, Minnesota?

On a $641,000 home in Ham Lake, a traditional listing agent charges around $19,230 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $51,280 or more. With Ridley Essentials ($999) you save $18,231, and with Ridley Pro ($3,499) you save $15,731 while getting full agent support.

How does Ridley's flat fee compare to a traditional Ham Lake agent?

A traditional Ham Lake listing agent typically charges 3% of the sale price — about $19,230 on a $641,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $18,231–$15,731 compared to a traditional agent.

How long does it take to sell a home in Ham Lake?

The median home in Ham Lake currently spends 23 days on the market before going under contract, down 65% from last year. 81.3% of homes go pending within two weeks. At a 101.1% sale-to-list ratio, sellers are getting very close to or above asking price. Only 10.5% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Minnesota?

No. Minnesota does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $641,000 home, that could save you up to $15,731.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Minnesota. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $19,230 commission.

National/Minnesota

Ham Lake, MN

Is Now a Good Time to Sell in Ham Lake, Minnesota?

The median home in Ham Lake sells for $641,000 with prices down 1.4% year-over-year. The average seller pays $19,230 in commissions — Ridley’s flat fee saves you $15,731.

Ham Lake Real Estate Market Conditions — April 2026

73out of 100

Ridley Sell Score

How it's scored →

Strong

73/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Ham Lake favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessNeutral

3.8 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.5.

Price MomentumFavors buyers

Prices down 1.4% year-over-year — vs. +11.3% statewide.

Seller LeverageFavors sellers

Homes selling at 101.1% of asking — sellers are getting 1.1% above list on average. Minnesota average is 97.9%.

Bidding ActivityFavors sellers

50% of homes selling above list price — 117% above the Minnesota average of 23%.

Sale SpeedFavors sellers

23 median days on market — 49 days faster than the Minnesota average.

Market UrgencyFavors sellers

81.3% of listings go pending within 2 weeks — vs. 22.1% statewide.

Price StabilityFavors sellers

Only 10.5% of listings have dropped their price — sellers are holding firm. Minnesota average is 14%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$641,000

-1.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-65%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$217

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

101.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.8

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

50%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

10.5%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

81.3%

Fast-moving

12-Month Price Trend

$460,000 → $641,000

▲39.3%

$600K$500K$400K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Ham Lake — delivered monthly.

Your savings

How much can you save selling your home in Ham Lake?

The average Ham Lake homeowner saves $15,731 by selling with Ridley instead of paying the traditional 3% listing commission on a $641,000 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Ham Lake home value

$641,000

$50,000$10M

Traditional Agent (3%)

$19,230

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Ham Lake?

The total cost to sell a house in Ham Lake in 2026 ranges from $999 with Ridley Essentials to approximately $19,230 with a traditional 3% commission on a $641,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$19,230	$3,499	$999	$0
Buyer agent	$17,9482.8% avg	$12,820~2% avg	$12,820~2% avg	$17,9482.8% avg
Closing costs (~1.5%)	$9,615	$9,615	$9,615	$9,615
Total cost	$46,793	$25,934	$23,434	$27,563
Net proceeds	$594,207	$615,066	$617,566	$613,437
You save	—	$20,859	$23,359	$19,230No support