$1,839 Closing Credit*
$154,900
1,330 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Stan Sievert Agency
Housing Prices in Lakefield, MN
How much do homes in Lakefield, MN cost?
Median List Price
$169,900
$99/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$16,650(+10.9%)
Key Takeaway
The list price of homes in Lakefield has increased by 10.9% since last year.
Summary: The median home list price in Lakefield was $169,900 in November 2024, up 10.9% from the previous year, and the median price per square foot was $99.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | - | N/A |
| 2 Bedrooms | $127.4K | $99.4K | -22.0% |
| 3 Bedrooms | $183.4K | $192.4K | +4.9% |
| 4 Bedrooms | $164.4K | $169.9K | +3.3% |
| 5+ Bedrooms | $174.5K | $174K | -0.3% |
Summary: Lakefield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 0.3%.
Median List Price Compared To Nearby Cities
| Heron Lake Township | $139K | $170.7K | +22.8% |
| Lakefield | $153.2K | $169.9K | +10.9% |
Housing Supply in Lakefield, MN
How many homes are available in Lakefield, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Lakefield real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lakefield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Lakefield, MN
How long does it take to sell a home in Lakefield, MN?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 147 Days | 88 Days | -39.6% |
Summary: Homes in Lakefield had an average listing age of 88 days in Nov 2024, down by 39.6% compared to the previous year.
