Lakefield, MN Housing Market
The Lakefield housing market is somewhat competitive. The median sale price of a home in Lakefield was $159K last month, down 1.9% since last year. The median sale price per square foot in Lakefield is $86, up 68.6% since last year.
Lakefield Housing Market Trends
since last year
since last year

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How hot is the Lakefield 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 12 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 48 days.
- Hot homescan sell for around list price and go pending in around 19 days.
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 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 66 days.
- Hot homescan sell for around list price and go pending in around 41 days.
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 6 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 72 days.
- Hot homescan sell for about 1% below list price and go pending in around 37 days.
Lakefield Migration & Relocation Trends
View houses in Lakefield that sold recently
Recently sold homes
- $89,000 Last Sold Price3 beds2 baths—sq ft405 Snure St, Lakefield, MN 56150List Price$89,000Sale to List0% over listDays on Market68 days405 Snure St, Lakefield, MN 56150
- $161,500 Last Sold Price3 beds2 baths—sq ft47213 800th St, Lakefield, MN 56150List Price$160,000Sale to List1% over listDays on Market122 days47213 800th St, Lakefield, MN 56150
- $390,0003 beds3 baths1,997 sq ft912 Milwaukee St, Lakefield, MN 56150List Price—Sale to List—Days on Market—912 Milwaukee St, Lakefield, MN 56150
- $260,000 Last Sold Price3 beds2 baths—sq ft40703 770th St, Lakefield, MN 56150List Price$300,000Sale to List13% under listDays on Market117 days40703 770th St, Lakefield, MN 56150
- $129,000 Last Sold Price3 beds2 baths—sq ft707 4th Ave N, Lakefield, MN 56150List Price$135,000Sale to List4% under listDays on Market78 days707 4th Ave N, Lakefield, MN 56150
- $149,900 Last Sold Price3 beds1 bath—sq ft103 Funk Ave, Lakefield, MN 56150List Price$149,900Sale to List0% over listDays on Market119 days103 Funk Ave, Lakefield, MN 56150
- $237,000 Last Sold Price4 beds2 baths—sq ft201 5th Ave N, Lakefield, MN 56150List Price$244,900Sale to List3% under listDays on Market60 days201 5th Ave N, Lakefield, MN 56150
- $165,000 Last Sold Price2 beds1 bath—sq ft44005 860th St, Lakefield, MN 56150List Price$165,000Sale to List0% over listDays on Market65 days44005 860th St, Lakefield, MN 56150
See all recently sold homes in Lakefield.
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Schools in Lakefield
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Pleasantview Elementary School Public • PreK-5 | 156 Students | N/A |
Climate's impact on Lakefield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lakefield.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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