The present housing market in White Bear Lake is down with high active listings and low sales volume. Home prices have increased 10.8% in the past month alone. At the current pace, all available homes in White Bear Lake would sell out in just 1.6 months, indicating a continued supply shortage. Sales volume is down 31% compared to seasonal expectations. A significant 25.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (65.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the White Bear Lake market with the affordability index at 104.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.