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Median sale price
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Lake City, MN: housing market trends

The median home sale price in Lake City, MN was $328,344 for the three-month period ending September 2026. Sale prices were 4.1% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$328,344
three-month period ending September 2026
Median sale price per sq ft
$237.28
three-month period ending September 2026
Active listings
85
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 85 active listings for the three-month period ending September 2026. Active listings were 46.6% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 31 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Lake City, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$328,344$237.2822
Single-familySeptember 2026$369,753$191.2515
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$299,969$300.487 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Lake City, MN
MarketMedian sale priceReporting period / source
Frontenac, MN$273,0003 months ending June 2026 · Redfin
Wabasha, MN$263,0753 months ending September 2026 · Redfin
Zumbro Falls, MN$388,3153 months ending September 2026 · Redfin
Millville, MN$224,8933 months ending September 2026 · Redfin
Kellogg, MN$192,9083 months ending September 2026 · Redfin
Goodhue, MN$312,3513 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Lake City, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$328,344$237.2885
August 2026$315,000$240.5974
July 2026$304,500$191.3074
June 2026$303,450$177.0073
May 2026$265,000$152.4458
April 2026$275,000$162.3047
March 2026$299,050$160.6241
February 2026$315,000$185.8138
January 2026$327,500$176.1743
December 2025$306,000$177.2848
November 2025$288,788$162.7954
October 2025$297,000$172.7658
September 2025$342,450$175.1058
August 2025$342,450$178.8764
July 2025$305,000$175.4460
June 2025$302,450$191.6264
May 2025$311,250$179.3954
April 2025$304,750$181.3150
March 2025$302,000$152.7439
February 2025$289,900$131.4237
January 2025$280,000$128.7337
December 2024$260,000$158.0836
November 2024$280,000$163.6940
October 2024$295,000$177.0145

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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