White Bear Lake & Bald Eagle Lake
Home Prices Percentage Increases
Over the last 5 years
(2021 -2026)
As most lake homeowners wonder about how much has my home’s value increased? This article will use factual statistics and graphs directly from the MLS for the past 5 years to show percentage increases (or decreases) to sales prices of lakeshore property owners. Don’t hesitate to go to lakeplace.com/ to see current listings of any home on Bald Eagle Lake or White Bear Lake.
Graph #1 depicts the total number of lakeshore homes sold from 2021 to 2026:
This graph #1 reflects the downturn of total units that reflects the industry as a whole, supply of listings has been down significantly for all types of properties, specifically 2024 & 2025, two of the lowest supply years for listings in the last 40 years. Good news is it is supposed to keep rising according to Real Estate Industry Economic experts. Prediction for 2026 is a 14% increase YoY form 2025. Overall, the listing units are lower than historical (this is your competition) which bodes well for sellers of lakeshore properties because less competition, means higher price can be asked.
Graph #2 shows total sales prices for White Bear Lake & Bald Eagle Lake properties from 2021 to 2026:
Please reference Graph #2, which shows that sales prices have been increasing (except for a dip in 2024-which was related to availability of listings being down as described earlier). You will see that between 2021 and 2023 there was an increase in price (or your home value) of 75 % at its peak (middle of summer which also means great time to sell), settling back down by beginning of 2024 to an adjusted yearly growth of approximately 20% increase in value per year. This 2021 to 2023 Median price topped out at $1.4M.
Then from 2024 to present (3/2026) we have seen another spike, but this one is much larger and peaked out at almost $1.6M. So just between peaks, there has been a $200,000 dollar increase in Median price. Again, a substantial increase, and probably due to lack of inventory. Good news you may be benefiting from these extremely high increases in value per median sales price. For one homeowner on Bald Eagle Lake (where a renaissance is taking ahold) it is not uncommon to see increases over a 10 year period of 100% ! Yes that’s double!
As always consult with an expert about your lake shore home’s specific value increase by having a CMA or other market analysis completed, as each home is unique and of different sizes, age, and design. Of course, the Luxury Lake Team of Lakeplace.com has more valuation expertise than any other Realtor in the White Bear Lake, Forest Lake, and Chisago lake area. Contact us at [email protected]
With 40 years of mastery and over $5 billion in managed closed sales, Tony Sampair doesn't just navigate the market—he defines it. A veteran executive leader with a legacy of #1 national rankings, Tony has spent four decades scaling brokerages and architecting elite agent productivity for lakeshore properties across Minnesota, Wisconsin, and Michigan.
Tony and The Luxury Lake Team of Tony Sampair, Mike Prendergast, and Becky Penttila are the locally and regionally the #1 dominant experts for the most coveted waterfront markets of North East Metro area. From the historic shores of White Bear Lake to the premier properties of Bald Eagle Lake, to Forest Lake and on to the Chisago Lakes area, they provide a level of strategic support that is simply unmatched in the North East metro market.
By pairing deep-rooted local expertise with the powerhouse marketing engine of LakePlace.com & Dane Arthur Real Estate Agency, they bridge the gap between buyers and sellers with precision. When you work with Tony, you aren’t just hiring an agent; you are leveraging a lifetime of market dominance in the heart of lake country.
Tony Sampair [email protected] 651-208-1701
Michael Prendergast combines deep real estate expertise with cutting-edge AI customer intent analytics to deliver a client experience that is both personal and data-driven. With a proven track record in residential and commercial sales, Michael leverages artificial intelligence tools to anticipate buyer and seller needs, identify market trends, and create tailored property strategies that maximize results.
By blending human insight with AI-powered intent detection, Michael ensures that every interaction—whether in-person, online, or through digital marketing—meets clients exactly where they are in their journey. From predictive lead scoring to personalized property recommendations, his approach turns market data into meaningful action, saving clients time and ensuring they never miss an opportunity.
Known for his professionalism, transparency, and tech-forward mindset, Michael doesn’t just sell properties—he builds lasting relationships rooted in trust and intelligent service. Whether you’re a first-time homebuyer, a seasoned investor, or looking to list your property, Michael delivers results with precision, empathy, and a keen eye on the future of real estate.
Mike Prendergast [email protected] Cell # 651-308-7317
Buying or selling a home is a big life moment, and I make it feel exciting instead of overwhelming. With nearly 30 years of combined experience in real estate, mortgage, and title, I bring a true “triple‑threat” skill set that lets me navigate every detail with confidence while keeping the process light, clear, and even fun. I pair an artistic eye for staging with a fierce work ethic, listening closely to what makes a house feel like your home. As a natural caretaker and advocate, I protect your investment like it’s my own family’s, making sure every step — from the first showing to the final signature — feels seamless, supported, and genuinely enjoyable.
I make my home in a lakeshore community so I can relate to what my clients want in a lake community. I am the #1 realtor for caring about your happiness in your new lake life community. Together our team brings together many resources so our clients benefit above all others. We care, we have technical expertise, experience, and a process that always makes our client’s need’s #1. Experience the difference.
Becky Penttila 612-810-0930 [email protected]
