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Oak Island 56741

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Minnesota
$149K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$335K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.235
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$335K
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1992
Single familyThe share of homes here that are single-family houses.9.4%

Equity & Ownership

Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.7.2%
Company ownedThe share of homes owned by a company or trust instead of a person.40%
Typical ownership tenureHow long the typical owner here has held their home.126.8 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.156
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.10

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.28%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.2
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$39K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$61K
Average tempThe average temperature here across a full year.37°F
Annual precipHow much rain and melted snow falls here in a typical year.23 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

How Oak Island 56741 compares

By median home value, Oak Island 56741 is the 2nd most expensive of 5 ZIP codes in Lake Of The Woods County, and its typical home is worth more than 89% of all homes in Lake Of The Woods County.

Home values in Oak Island 56741

Share of homes at each estimated value.

Median
$326K$397K
ZIP codes in Lake Of The Woods County ranked by median home value
#Lake Of The Woods CountyMedian valueHomes
1Angle Inlet 56711$353K436
2Oak Island 56741$335K235
3Roosevelt 56673$195K623
4Baudette 56623$160K2,925
5Williams 56686$154K1,233

About the Oak Island 56741 market

What is the median home price in Oak Island 56741, MN?

The median sale price in Oak Island 56741, MN is $149,000 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Oak Island 56741, MN each year?

2 homes sold in Oak Island 56741, MN over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Oak Island 56741, MN?

Oak Island 56741, MN contains 235 residential properties, with built around 1992. The median TopHap Estimate is $335K.

How does Oak Island 56741, MN compare to the rest of Lake Of The Woods County?

By median home value, Oak Island 56741, MN is the 2nd most expensive of 5 ZIP codes in Lake Of The Woods County. Its typical home is worth more than 89% of all homes in Lake Of The Woods County. Angle Inlet 56711 ranks just above it and Roosevelt 56673 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Oak Island 56741, MN?

7% of homes in Oak Island 56741, MN are owner-occupied. 40% are held by a company rather than an individual.

Nearby markets

Browse addresses

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Explore Oak Island 56741 on the map

See every recorded sale, price heat map, school zone and flood overlay across Oak Island 56741 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map