TWIN CITIES NEW CONSTRUCTION GUIDE 2026 V2

HAM LAKE

Downtown Commute: 25 miles, 30–45 min

Airport Commute: 35 miles, 45–60 min

New Developments 3 Communities

Tax Rate: 1.08–1.12%

Restaurants 6 rated 4.5+

Country-style living with larger homesites and room to breathe.

Ham Lake offers a very different feel from many north-metro suburbs. Rather than reading as dense or heavily commercial, it has a more rural-residential character built around larger lots, wooded areas, and a quieter overall pace. The city's "Convenient Country Living" tagline is a fairly accurate shorthand for why it appeals to buyers who want more space and privacy without feeling completely disconnected from the Twin Cities. Spacious homesites, natural surroundings, and a growing presence of new construction reinforce that positioning. “Residential lots are generally a minimum of one acre, preserving Ham Lake's open, country-style setting.” A big part of the appeal is that Ham Lake still feels land-oriented. Residential lots are generally a minimum of one acre, and homes rely on private wells and septic systems, which helps preserve the more open, country-style setting. Newer communities like Hidden Forest, Swedish Chapel Estates, and Elwell Farms reinforce Ham Lake's identity as a place where buyers can often get more privacy, more trees, and a more custom or acreage-driven feel than they would in many closer-in suburbs.

MARKET SNAPSHOT

Median Sales Prices: — Single Family: $543,500 — Townhomes: $485,000 — New Construction: $929,682

Price Per Square Foot: — Resale Homes: $202 — New Construction: $334

Month Supply of Inventory: 4.7

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