Lake City Real Estate

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Lake City, Minnesota
Average Home Sizes and Asking Prices

Updated On: May 16, 2012
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55041 1,300 sf $311,000 900 sf $207,000 154 2,500 sf $443,000 1,400 sf $244,000 41


55041 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  60   $234k
 1 Year Ago  52   $212k
 6 Months Ago   36   $201k
 1 Month Ago  47   $206k
 Today  52   $205k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 55041


Sold Price History in 55041
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 May 14th, 2012: homes priced around $206,625 compared to $208,469 the previous week, for a slight decrease of less than -1%.  For Wednesday, May 16th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Lake City MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lake City to help you find the best home!


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