Lake City, MN
City market trends and history
Public Record
Median Sale Price
$321K
12-Month Sales
20
-31.9%
1-Year Appreciation
-31.9%
Properties Tracked
1,461
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| May 18, 2026 | Oakhurst Dr | $29K |
| May 8, 2026 | Ave | $300.6K |
| Apr 29, 2026 | Emerald Lake Dr | $39K |
| Mar 27, 2026 | 66182 310TH AVE | $689.5K |
| Dec 19, 2025 | Cedar Dr | $549.9K |
| Dec 5, 2025 | St | $70K |
| Dec 4, 2025 | S Prairie St | $215K |
| Nov 26, 2025 | N Lakeshore Dr Unit P2 | $350K |
| Nov 10, 2025 | W Iowa St | $470K |
| Sep 5, 2025 | 632 CEDAR CT | $38K |
| Sep 5, 2025 | 628 CEDAR CT | $25K |
| Aug 8, 2025 | 1509 WILDWOOD DR | $484.4K |
| Aug 1, 2025 | W Indiana St | $537K |
| Jul 21, 2025 | Cedar Dr | $22K |
| Jul 1, 2025 | Hillwood Dr | $14.8K |
| May 27, 2025 | S OAK ST | $1.4M |
| Mar 27, 2025 | St | $400K |
| Mar 21, 2025 | S Prairie St | $425K |
| Dec 30, 2024 | N 10th St | $1.1M |
| Dec 9, 2024 | N 10th St | $350K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
+2.5%
Implied 1-yr
+10.2%
2026 Q3
$490.9K
2026 Q4
$501.6K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| S Lakeshore Dr | Jun 24, 2022 | $1,500,000 |
| S Lakeshore Dr | Jan 31, 2022 | $1,150,000 |
| N 10th St | Dec 30, 2024 | $1,100,000 |
| 327th Ave | Dec 22, 2022 | $1,082,500 |
| 227th Ave | Nov 7, 2022 | $870,000 |
| 680th St | Oct 18, 2022 | $810,000 |
| Whispering Pine Way | Jul 25, 2022 | $775,000 |
| 200 E MICHIGAN ST UNIT 1 | Nov 23, 2021 | $725,000 |
| Hidden Meadow Ln | Oct 21, 2022 | $715,000 |
| 66182 310TH AVE | Aug 29, 2022 | $705,000 |
How Lake City compares
| Metric | Lake City | Minnesota avg | US avg |
|---|---|---|---|
| Median price | $321K | $404.7K | $535.4K |
| 1-year change | -31.9% | -0.7% | -5.4% |
| Sales (12mo) | 20 | 7,149 | — |
| Median sqft | — | — | — |
Other cities in Minnesota
How Lake City ranks in Minnesota
1-year appreciation
#292 of 943
Median price
#206 of 943
Frequently asked about Lake City
What is the median sale price in Lake City, MN?
The median sale price in Lake City over the last 12 months is $321K, based on 20 transactions.
How fast are home prices appreciating in Lake City?
Lake City home prices have changed -31.9% year-over-year on a median basis.
How many sales happen each year in Lake City?
Roughly 20 home sales were recorded in Lake City over the trailing 12 months.
What types of properties are most common in Lake City?
single_family is the most common property type tracked in Lake City.
When were most homes in Lake City built?
Most homes in Lake City were built in the Pre-1950 era.