Lake City Real Estate

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Lake City, Minnesota
Average Home Sizes and Asking Prices

Updated On: January 19, 2020
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55041 2,800 sf $336,000 2,100 sf $306,000 62 2,500 sf $287,000 1,600 sf $276,000 21

55041 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  19   $222k
 1 Year Ago  33   $327k
 6 Months Ago   33   $307k
 1 Month Ago  27   $306k
 Today  26   $310k
*Averaged for 3 bedroom active listings

Asking Price in 55041 - 3 Bedroom Single Family Homes
55041 real estate listing price trend

Demographics & Schools Mortgage Calculator Area Map

Lake City Real Estate & Homes for Sale in Minnesota

Welcome to Lake City, Minnesota, a wonderful community located in the Goodhue and Wabasha Counties. Most of Lake City lies in Wabasha County, with only a small portion of in Goodhue County. Grounded in history, rich in natural resources, and served by volunteerism and civic service, Lake City is a fantastic place to live, work, conduct business, and visit.

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Lake City Real Estate Market Info - Prices of Houses for Sale in Lake City

Buyers looking to purchase a home in the pleasant community of Lake City will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Lake City's single family homes run the pricing spectrum of $85,000 to $479,900. A 2-bedroom/2 bathroom condo or townhome in Lake City starts at $152,900.

Lake City Real Estate Stats and Trends for the week of January 18th, 2020: homes priced around $305,835 compared to $311,904 the previous week, showing a decrease of less than -2%.  For Saturday, January 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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