Lake City Real Estate

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Lake City, Minnesota
Average Home Sizes and Asking Prices

Updated On: July 23, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55041 2,700 sf $319,000 2,100 sf $227,000 63 1,500 sf $277,000 7


55041 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  19   $255k
 1 Year Ago  30   $247k
 6 Months Ago   29   $232k
*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 March 27th, 2017: homes priced around $226,649 compared to $229,784 the previous week, showing a decrease of less than -1%.  For Sunday, July 23rd, the current national mortgage rate for a 30 year fixed mortgage is 3.85%; the 15 year fixed rate is at 3.85%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.09%, while the 15 year jumbo rate currently is at 3.69%.

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