Lakefield, MN Housing Market

Homes for sale

The Lakefield housing market is somewhat competitive.

Trends
Demand
Migration
Schools
Climate

Lakefield Housing Market Trends

What is the housing market like in Lakefield today?

$145K

Sale Price

$90

Sale $/Sq. Ft.

Under List Price

1.8%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Lakefield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lakefield add value to a home.

How hot is the Lakefield housing market?

Lakefield is somewhat competitive. Homes sell in 48 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 19 days.

Compare With Nearby Cities

Spirit Lake

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 82 days.
Hot homes
can sell for around list price and go pending in around 38 days.

Okoboji

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 11 days.

See more nearby cities and neighborhoods

Lakefield Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Lakefield that sold recently

Recently sold homes

SOLD FEB 18, 2025
$192,000 Last Sold Price
3 beds
1 bath
—sq ft
81384 430th Ave, Lakefield, MN 56150
List Price
$190,000
Sale to List
1% over list
Days on Market
137 days
81384 430th Ave, Lakefield, MN 56150
SOLD FEB 14, 2025
$117,500 Last Sold Price
—beds
—baths
—sq ft
0 County Highway 17, Jackson, MN 56143
List Price
$138,000
Sale to List
15% under list
Days on Market
382 days
0 County Highway 17, Jackson, MN 56143
SOLD FEB 7, 2025
$145,000 Last Sold Price
2 beds
2 baths
—sq ft
204 W Menage Ave, Lakefield, MN 56150
List Price
$165,000
Sale to List
12% under list
Days on Market
79 days
204 W Menage Ave, Lakefield, MN 56150
SOLD JAN 15, 2025
$25,000
—beds
—baths
—sq ft
45684 820th St, Lakefield, MN 56150
List Price
—
Sale to List
—
Days on Market
—
45684 820th St, Lakefield, MN 56150
SOLD DEC 18, 2024
$156,000 Last Sold Price
4 beds
2 baths
—sq ft
510 Bush St, Lakefield, MN 56150
List Price
$169,900
Sale to List
8% under list
Days on Market
51 days
510 Bush St, Lakefield, MN 56150
SOLD DEC 12, 2024
$75,000 Last Sold Price
2 beds
1 bath
—sq ft
312 Milwaukee St, Lakefield, MN 56150
List Price
$79,900
Sale to List
6% under list
Days on Market
113 days
312 Milwaukee St, Lakefield, MN 56150
SOLD DEC 4, 2024
$128,000
4 beds
3 baths
2,272 sq ft
38074 800th St, Lakefield, MN 56150
List Price
—
Sale to List
—
Days on Market
—
38074 800th St, Lakefield, MN 56150
SOLD DEC 2, 2024
$248,000 Last Sold Price
3 beds
2 baths
—sq ft
506 6th Ave S, Lakefield, MN 56150
List Price
$269,000
Sale to List
8% under list
Days on Market
124 days
506 6th Ave S, Lakefield, MN 56150
See all recently sold homes in Lakefield.
See listings

Schools in Lakefield

Learn about schools in the Lakefield area

Elementary
Middle
High

GreatSchools Rating

6/10

Pleasantview Elementary School

Public • PreK-5

156

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

99% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Lakefield

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