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 $336,000 (↓ $7,000)
$2,073/month Estimated
- Principal & interest
- $1,664
- Property taxes
- $217
- Home insurance (est.)
- $192
- HOA dues
- None
20% down ($65,800) · 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
How 364 Homestead Street Compares to the Detroit Lakes Market
At $163/sqft, this home is priced $67/sqft below the typical Detroit Lakes single-family home of $230/sqft.
The median list price in Detroit Lakes is $449,000.
Verdict: Excellent Value
Your negotiating position
88 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 97 — similar homes typically go under contract by day ~22. This one is past that window.
48% of recent sales closed at or over asking — about half hold full price.
36 similar homes for sale — alternatives if they won't move.
This seller already cut $7,000 — the asking price has already moved.
Homes like this one — single-family homes between $247K and $411K in Detroit Lakes:
- The field: 36 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 22 days — 2 of the last 10 inside 4 days.
- Negotiation: 48% of the last 21 sales here closed at or over list — about half hold full price.
- Price cuts: 20 of 36 similar homes have trimmed asking — median trim $10,000. This one already cut $7,000.
Powered by the Realgorithm™ — 21 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2006
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,604 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,180
- Below Grade Sq Ft
- 840
- Lot Size
- 0.42 acres
- Basement
- Yes
- County
- Becker
- List Date
- 2026-07-22
- Days on Market
- 97 days
- Parcel ID
- 492471377
Financial
- Total Tax incl. Assessments
- $2,604
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Construction & Exterior
Construction & Structure
- Foundation Type
- Other
- Foundation Area
- 1,180 sqft
- Total Building Area
- 2,360 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Opendoor Brokerage, LLC
Price History
Reduced $13,000 (3.8%)
- Price reduced to $342,000 — Aug 19, 2026
- Price reduced to $339,000 — Sep 9, 2026
- Price reduced to $336,000 — Sep 23, 2026
- Price reduced to $329,000 — Oct 7, 2026
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 · Updated October 7, 2026
Similar Homes for Sale Near 364 Homestead Street, Detroit Lakes, MN
Frequently Asked Questions About 364 Homestead Street
- Is $329,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 364 Homestead Street rates Excellent Value — at $163/sqft it's priced 29% below the typical Detroit Lakes single-family home of $230/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 many homes like 364 Homestead Street are for sale in Detroit Lakes?
- 36 similar homes (single-family homes between $247K and $411K 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 $247K and $411K in Detroit Lakes) went pending in a median 22 days over the last 90 days — 2 of the last 10 went under contract within 4 days.
- Do homes in Detroit Lakes sell for asking price?
- 48% of the last 21 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 8:44 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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