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Snail Lake

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Minnesota
$1.1M
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.
+36.9%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
11
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$734K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 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.

Market Trends

Sale pricesThe 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.MedianSales
20172018201920202021202420252026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
20172018201920202021202420252026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20172018201920202021202420252026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
20172018201920202021202420252026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20172018201920202021202420252026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20172018201920202021202420252026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20172018201920202021202420252026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
20172018201920202021202420252026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
20172018201920202021202420252026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
20172018201920202021202420252026

Housing Stock

HomesHow many homes we have records for in this area.175
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$734K
Median sizeThe middle home size here, measured in square feet.2,315 ft²
Median bedroomsThe middle bedroom count for homes here.4
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.99%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.31%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.5.6%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.82%
Company ownedThe share of homes owned by a company or trust instead of a person.22%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.70%
Typical ownership tenureHow long the typical owner here has held their home.23.3 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.16
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
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.0.7%
PopulationHow many people live in this area.1,449
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,002 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$111K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$125K
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Snail Lake compares

By median home value, Snail Lake is the 2nd most expensive of 69 neighborhoods in Ramsey County, and its typical home is worth more than 96% of all homes in Ramsey County.

Home values in Snail Lake

Share of homes at each estimated value.

Median
$357K$1.3M
neighborhoods in Ramsey County ranked by median home value
#Ramsey CountyMedian valueHomes
1North Oaks$941K2,015
2Snail Lake$734K175
3Gem Lake$550K209
4McCullon$533K1,078
5Summit Hill$531K2,040
6Turtle Lake$511K753
7Kohlman Lake$468K729
8Silverthrone$449K3,201
9Midland Hills$441K437
10Bucher$440K512
11Eastern Highwood$439K1,064
12Macalester-Groveland$435K6,426
13Owasso Lake$430K1,306
14Lake Judy$424K640
15Highland$424K6,917
16Shoreview Commons$422K947
17Ponds$414K709
18Union Park$411K4,133
19Bald Eagle Lake$401K1,208
20Hamline$397K613
21Falcon Heights$389K1,326
22Grass Lake$385K569
23Wabasso Lake$380K573
24Sitzer$380K801

69 neighborhoods in Ramsey County are ranked; the most valuable are listed here.

About the Snail Lake market

What is the median home price in Snail Lake, MN?

The median sale price in Snail Lake, MN is $1,053,415 (data through April 2026), based on deeds recorded with the county. That is up 36.9% from a year earlier.

How many homes sell in Snail Lake, MN each year?

11 homes sold in Snail Lake, MN over the last 12 months (data through April 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 Snail Lake, MN?

Snail Lake, MN contains 175 residential properties, with a median of 2,315 square feet, 4 bedrooms, built around 1992. The median TopHap Estimate is $734K.

How does Snail Lake, MN compare to the rest of Ramsey County?

By median home value, Snail Lake, MN is the 2nd most expensive of 69 neighborhoods in Ramsey County. Its typical home is worth more than 96% of all homes in Ramsey County. North Oaks ranks just above it and Gem Lake just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Snail Lake, MN?

82% of homes in Snail Lake, MN are owner-occupied. 22% are held by a company rather than an individual.

How much equity do owners in Snail Lake, MN hold?

31% of mortgaged homes in Snail Lake, MN are equity-rich, meaning the loan balance is under half the home's value. 5.6% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Snail Lake on the map

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

Open in map
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