Lake City, MN Housing Market
The Lake City housing market is somewhat competitive. The median sale price of a home in Lake City was $410K last month, up 53.8% since last year. The median sale price per square foot in Lake City is $175, up 0.9% since last year.
Lake City Housing Market Trends
In March 2024, Lake City home prices were up 53.8% compared to last year, selling for a median price of $410K. On average, homes in Lake City sell after 60 days on the market compared to 31 days last year. There were 4 homes sold in March this year, up from 4 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake City housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 19 days.
- Hot homescan sell for about 1% above list price and go pending in around 11 days.
Lake City Migration & Relocation Trends
Home offer insights for Lake City
Recent offers
View houses in Lake City that sold recently
Recently sold homes
- $23,900 Last Sold Price—beds—baths—sq ft2563 Clubhouse Dr, Lake City, MN 55041List Price$23,900Sale to List0% over listDays on Market416 days2563 Clubhouse Dr, Lake City, MN 55041
- $122,000 Last Sold Price2 beds1 bath—sq ft942 W Iowa St, Lake City, MN 55041List Price$124,942Sale to List2% under listDays on Market44 days942 W Iowa St, Lake City, MN 55041
- $20,000 Last Sold Price—beds—baths—sq ft2792 Oakhurst Dr, Lake City, MN 55041List Price$24,900Sale to List20% under listDays on Market92 days2792 Oakhurst Dr, Lake City, MN 55041
- $315,0003 beds2 baths1,040 sq ft37093 County Road 75, Lake City, MN 55041Days on Market—37093 County Road 75, Lake City, MN 55041
- $60,000—beds—baths—sq ft36388 Golfview Ridge Way, Lake City, MN 55041Days on Market—36388 Golfview Ridge Way, Lake City, MN 55041
- $399,0002 beds1 bath1,320 sq ft32836 360th Avenue Way, Lake City, MN 55041Days on Market—32836 360th Avenue Way, Lake City, MN 55041
- $450,000 Last Sold Price4 beds3 baths—sq ft1416 Woodland Way, Lake City, MN 55041List Price$464,900Sale to List3% under listDays on Market226 days1416 Woodland Way, Lake City, MN 55041
See all recently sold homes in Lake City.
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Schools in Lake City
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Bluff View Elementary School Public • PreK-6 | 579 Students | 5 reviews |
Climate's impact on Lake City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake City.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Lake City
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