364 Homestead Street, Detroit Lakes, MN 56501
4 Beds | 2 Baths | 2,020 Sq Ft | Single Family Home | MLS# 7111106
Price Drop on M Markdowns — was $342,000 (↓ $3,000)
Is 364 Homestead Street a Good Deal?
BuyPulse Verdict
Excellent Value
At $168/sqft — This home is priced 27% below the typical Detroit Lakes single-family home of $229/sqft.
Your Negotiating Position
88 — Strong buyer leverage
Day 49 — similar homes typically go under contract by day ~21. This one is past that window.
43% of recent sales closed at or over asking — about half hold full price.
42 similar homes for sale — alternatives if they won't move.
This seller already cut $3,000 — motivation showing.
Powered by the Realgorithm™ — 117 active Detroit Lakes listings · NorthstarMLS
$2,129/month Estimated
- Principal & interest
- $1,714
- Property taxes
- $217
- Home insurance (est.)
- $198
- HOA dues
- None
20% down ($67,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Pleasant Acres 2, Detroit Lakes, MN.
About This Home
364 Homestead St is a two-story Detroit Lakes home with a mix of carpet, laminate, and tile flooring across the interior. The kitchen includes stainless steel appliances, gray cabinetry, and counter space with a peninsula that separates cooking and dining areas. The main living area connects to a dining space and opens to the backyard through a sliding glass door. The primary bedroom includes a barn-door closet for storage, and additional bedrooms provide flexible space for sleeping quarters or a home office. Full bathrooms feature vanities with storage and a tub-and-shower combination. An attached two-car garage supports parking, and the backyard offers open space with raised garden beds and a paver patio. Consistent interior finishes complete this well-maintained residence with practical amenities throughout. This home has been virtually staged to illustrate its potential.. Included 100-Day Home Warranty with buyer activation
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $254K and $424K in Detroit Lakes:
- The field: 42 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 21 days — 0 of the last 10 inside 4 days.
- Negotiation: 43% of the last 28 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 28 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2006
- Above Grade
- 1,180 sq ft
- Below Grade
- 840 sq ft
- Lot Size
- 0.42 acres
- Garage
- 2-car (Attached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,604
- County
- Becker
- Days on Market
- 49
364 Homestead Street is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 364 Homestead Street
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Opendoor Brokerage, LLC · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7111106 · Data refreshed September 9, 2026
Similar Homes for Sale Near 364 Homestead Street, Detroit Lakes, MN
Frequently Asked Questions About 364 Homestead Street
- Is $339,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 364 Homestead Street rates Excellent Value — at $168/sqft it's priced 27% below the typical Detroit Lakes single-family home of $229/sqft. Its negotiating-position score is 88/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Detroit Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- Does 364 Homestead Street have a basement?
- Yes, 364 Homestead Street has a finished basement with 840 sq ft of below-grade space.
- What type of heating and cooling does 364 Homestead Street have?
- 364 Homestead Street has Forced Air heating and Central Air cooling.
- Where is 364 Homestead Street located?
- 364 Homestead Street is in the Pleasant Acres 2 neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 364 Homestead Street still available?
- Yes — 364 Homestead Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 364 Homestead Street built?
- 364 Homestead Street was built in 2006. It features a other foundation.
- How walkable is 364 Homestead Street?
- 364 Homestead Street has a Walk Score of 20/100 (Car-Dependent) and a Bike Score of 41/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 364 Homestead Street are for sale in Detroit Lakes?
- 42 similar homes (single-family homes between $254K and $424K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 364 Homestead Street sell in Detroit Lakes?
- Homes like this one (single-family homes between $254K and $424K in Detroit Lakes) went pending in a median 21 days over the last 90 days — 0 of the last 10 went under contract within 4 days.
- Do homes in Detroit Lakes sell for asking price?
- 43% of the last 28 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Detroit Lakes area.