Lake City Real Estate

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Lake City, Minnesota
Average Home Sizes and Asking Prices

Updated On: June 23, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55041 3,200 sf $330,000 1,800 sf $255,000 63 2,500 sf $318,000 1,700 sf $277,000 17

55041 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  32   $239k
 1 Year Ago  26   $226k
 6 Months Ago   21   $230k
*Averaged for 3 bedroom active listings

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

55041 sold real estate 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 June 12th, 2018: homes priced around $255,262 compared to $265,765 the previous week, showing a decrease of less than -4%.  For Friday, June 22nd, the current national mortgage rate for a 30 year fixed mortgage is 4.55%; the 15 year fixed rate is at 4.00%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.02%, while the 15 year jumbo rate currently is at 4.49%.

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