The Lakeland Park housing market is very competitive. The median sale price of a home in Lakeland Park was $254K last month, up 10.3% since last year. The median sale price per square foot in Lakeland Park is $194, up 36.5% since last year.
What is the housing market like in Lakeland Park today?
In March 2024, Lakeland Park home prices were up 10.3% compared to last year, selling for a median price of $254K. On average, homes in Lakeland Park sell after 33 days on the market compared to 85 days last year. There were 4 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$253,750
+10.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakeland Park, MN
$253,750
+10.3%
United States
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How hot is the Lakeland Park housing market?
Lakeland Park is very competitive. Homes sell in 24 days.
0
100
78
Very Competitive
Redfin Compete Score™
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 3% above list price and go pending in around 16 days.
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 Lakeland Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakeland Park.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakeland Park has a minor risk of flooding. 19 properties in Lakeland Park are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lakeland Park. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakeland Park has a minor risk of wildfire. There are 12 properties in Lakeland Park that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Lakeland Park.
Lakeland Park has minimal risk of severe winds over the next 30 years
Wind Factor
Lakeland Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.