Lake City, MN Homes for Sale

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  $499,900

  $50K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,932 Sq Ft

  26 Garden Ct, Lake City, MN 55041

  Welcome home to this beautifully maintained 3-bedroom home nestled at the end of a peaceful cul-de-sac. Designed with quality craftsmanship and comfortable living in mind, this spacious home offers an exceptional floor plan and an abundance of desirable features. The inviting kitchen showcases custom oak cabinetry, under-cabinet lighting, a center island, oak flooring, and a walk-in pantry with

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  26 Garden Ct, Lake City, MN 55041
• Explore Lake City

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  /68

  $499,900

  $25K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 3,190 Sq Ft

  105 Hillwood Dr, Lake City, MN 55041

  Located on a quiet cul-de-sac in the Jewel subdivision, this 5-bedroom home offers a clean, modern layout with standout views of Sugarloaf. Built in 2015 and set on a 0.38-acre lot, it checks the boxes for both functionality and setting. The main level features three bedrooms, including a primary suite with a walk-in closet and private 3⁄4 bath with double sinks, along with convenient main floor

  

  Erika Blim

  Lakeshore Real Estate Krage &

  105 Hillwood Dr, Lake City, MN 55041
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  $499,000

  • 4 Beds
  • 1 Bath
  • 1,632 Sq Ft

  70744 275th Ave, Lake City, MN 55041

  Country living, investment potential, and modern updates come together on this exceptional 11-acre property just minutes from Lake City. The beautifully renovated four-square farmhouse blends timeless character with today's conveniences. Inside, you'll find four spacious bedrooms, a generous main-level laundry room, an updated kitchen, and warm, inviting living spaces designed for simple everyday

  

  Erika Blim

  Lakeshore Real Estate Krage &

  70744 275th Ave, Lake City, MN 55041
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  $489,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,795 Sq Ft

  1509 Wildwood Dr, Lake City, MN 55041

  This beautifully designed one-year-old home in The Jewel offers the perfect blend of style, comfort, and functionality. Featuring 3 bedrooms and 2 bathrooms, including a spacious primary en-suite, the thoughtfully designed layout provides both privacy and open-concept living. The primary suite is tucked away on one side of the home, while two additional bedrooms and a full bath are located on the

  

  Erika Blim

  Lakeshore Real Estate Krage &

  1509 Wildwood Dr, Lake City, MN 55041
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  $49,900

  • Land
  • 9,583 Sq Ft
  • $226,818 per Acre

  105 Emerald Lake Dr, Lake City, MN 55041

  Discover the perfect opportunity to build in one of Minnesota’s most scenic communities—The Jewel in Lake City. Nestled in the breathtaking bluffs of the Mississippi River Valley, this lot offers stunning surroundings and a vibrant community. Enjoy breathtaking sunrises and sunsets, all while being just minutes from Lake Pepin and the charming river town of Lake City. The Jewel Golf Club,

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  105 Emerald Lake Dr, Lake City, MN 55041
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  $615,000

  $23K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 2,891 Sq Ft

  2760 Oakhurst Dr, Lake City, MN 55041

  Stunning views set the stage for this beautifully designed home, offering both comfort & versatility. The spacious kitchen is a true centerpiece, featuring an eat-up bar, large dining area, knotty alder cabinetry, a corner walk-in pantry, and a dedicated coffee bar—perfect for everyday living and effortless entertaining. Step outside to the back deck overlooking a peaceful wooded hillside,

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  2760 Oakhurst Dr, Lake City, MN 55041
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  /3

  $19,500

  • Land
  • 16,552 Sq Ft
  • $51,316 per Acre

  141 Hillwood Dr, Lake City, MN 55041

  Prime walkout lot with full southern exposure available. Situated on an upper street, the lot offers beautiful bluff and golf course views. Purchase lot for future use, or, inquire about a home built to suit your lifestyle. Builder has three floor plans to tour in The Jewel.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  141 Hillwood Dr, Lake City, MN 55041
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  $637,500

  • Land
  • 51.25 Acres
  • $12,439 per Acre

  tbd Staehli Park Rd, Lake City, MN 55041

  51.25 Acres of mostly AG Land. 13.5 Acre parcel was approved for a residence at one time but is currently in pasture or hay. Land is leased and all 2025 crops & hay, belong to Seller and Tenant. There are 4 parcel id numbers: 321200161, 321200150, 320241700, 321200130

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  tbd Staehli Park Rd, Lake City, MN 55041
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  $32,000

  • Land
  • 12,632 Sq Ft
  • $110,345 per Acre

  2812 Oakhurst Dr, Lake City, MN 55041

  Spacious building site in the Oakhurst Subd. in the Jewel Development. Bring your own builder and enjoy this is exciting opportunity to build your dream home near hole #16 with stunning bluff views. Enjoy the assets on one of Southeastern Minnesota's premier golf courses. The location's proximity to surrounding areas offers convenience and access to a variety of amenities and attractions. The

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  2812 Oakhurst Dr, Lake City, MN 55041
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  /5

  $84,900

  • Land
  • 19,602 Sq Ft
  • $188,667 per Acre

  2250 Clubhouse Dr, Lake City, MN 55041

  Expansive views of Golf, Golf Ponds, woods & Bluffs. Enjoy building your dream home in this beautiful development.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  2250 Clubhouse Dr, Lake City, MN 55041
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  /3

  $49,900

  • Land
  • 13,503 Sq Ft
  • $160,968 per Acre

  1431 Woodland Way, Lake City, MN 55041

  This large building site overlooks beautiful ponds at the Jewel. Awesome views of the surrounding bluffs also. Walking trails nearby. Be sure to go to the website for all the association documents. Excellent location for your new dream home.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  1431 Woodland Way, Lake City, MN 55041
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  $55,000

  • Land
  • 2.04 Acres
  • $26,961 per Acre

  TBD T-511, Lake City, MN 55041

  Beautiful Bluff Top 2.04 Acre Building Site. It is easy to walk - mowed and maintained by the owner who is also the neighbor. Enjoy the Sunrises and Sunsets from your new home. Once you are hooked up to the shared well there will be an annual well fee of $375.00 per year.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  TBD T-511, Lake City, MN 55041
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  $344,900

  • 3 Beds
  • 3 Baths
  • 2,864 Sq Ft

  1330 N 10th St, Lake City, MN 55041

  MOTIVATED SELLER! Seller will pay 1st year of association dues. Seller is offering a $5,000.00 main floor flooring allowance and a $5,000 painting allowance to Buyers at closing. Comfortable living in this spacious 3 Bedroom, 3 Bath Townhome. New furnace is 2023 & new central air conditioner 2025. Lots of natural daylight on both floors. Nice size rooms and tall ceiling. Open Living space for

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  1330 N 10th St, Lake City, MN 55041
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  $2,325,000

  • Land
  • 30,927 Sq Ft
  • $3,274,648 per Acre

  1127 N Lakeshore Dr, Lake City, MN 55041

  High Point Land Company is proud to present Alaska Guest Suites, a rare opportunity to acquire an established hospitality property overlooking the breathtaking waters of Lake Pepin in Lake City, Minnesota. Situated along the highly traveled Highway 61 corridor, this income-producing property offers a unique combination of immediate cash flow, operational flexibility, and long-term real estate

  

  Trevor Glomski

  High Point Land Company

  1127 N Lakeshore Dr, Lake City, MN 55041
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  $16,900

  • Land
  • 6,969 Sq Ft
  • $105,625 per Acre

  576 Cedar Dr, Lake City, MN 55041

  Show and Sell. Level building site in the Jewel Subdivision. Near Golf, with beautiful panoramic bluff views.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  576 Cedar Dr, Lake City, MN 55041
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  $679,900

  $45K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 3,170 Sq Ft

  1329 S Oak St, Lake City, MN 55041

  Stunning lake property! Experience unparalleled lakeview living with this rare opportunity to own a meticulously maintained twin home on Lake Pepin. This exquisite 3-bedroom, 3-bath residence offers breathtaking views from nearly every room, ensuring you'll be captivated by the beauty of the lake and surrounding bluffs.Key Features: Enjoy panoramic vistas from almost every room, including the

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  1329 S Oak St, Lake City, MN 55041
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  /4

  $39,500

  • Land
  • 12,196 Sq Ft
  • $141,071 per Acre

  1515 Wildwood Dr, Lake City, MN 55041

  Spacious Building Site overlooks Bluffs, golf ponds and is near golf course and restaraunt. Enjoy the beauty that surrounds this area. Bring your own builder.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  1515 Wildwood Dr, Lake City, MN 55041
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  /4

  $44,000

  • Land
  • 15,681 Sq Ft
  • $122,222 per Acre

  2720 Oakhurst Dr, Lake City, MN 55041

  Nice size wooded building site in the Jewel Development. Just a block away from the golf course. Enjoy life in this beautiful development with golf nearby and Lake Pepin just 10 minutes away.

  

  Sonda Featherstone

  Featherstone Real Estate, LLC

  2720 Oakhurst Dr, Lake City, MN 55041
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  $649,000

  Open House 8/22 $80K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 3,112 Sq Ft

  519 N Lakeshore Dr, Lake City, MN 55041

  A Rare Investment and Flexible Living Opportunity! This is more than a home—it's a property that adapts to changing lifestyles. Whether your buyers are searching for an investment property, vacation rental, or flexible residence with future income potential, this exceptional property deserves a closer look.Less than ten years old, and just 35 miles from Rochester and 45 minutes to South Saint

  Lisa Zmuda Lakes Sotheby's International Realty

  519 N Lakeshore Dr, Lake City, MN 55041
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  /35

  $279,900

  Open Sat 11:30AM - 1PM

  • 3 Beds
  • 2 Baths
  • 1,760 Sq Ft

  303 N Lakeshore Dr, Lake City, MN 55041

  Welcome home to this beautifully updated 3-bedroom, 2 full-bath home situated on a desirable corner lot near downtown. Experience the ideal combination of comfort and convenience in this renovated home. Inside, you will find an updated kitchen featuring modern finishes, along with renovated bathrooms and stylish flooring throughout. The functional layout offers comfortable living spaces, while

  Nancy Denzer Lakeshore Real Estate Krage &

  303 N Lakeshore Dr, Lake City, MN 55041
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  $414,900

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,513 Sq Ft

  101 S Washington St Unit 302, Lake City, MN 55041

  Welcome to carefree condo living in the heart of picturesque Lake City with breathtaking views of beautiful Lake Pepin. This immaculate 1,513 sq. ft. condo offers the perfect blend of comfort, convenience, and lifestyle. The thoughtfully designed open-concept layout features a spacious kitchen and inviting living area ideal for entertaining, relaxing, or simply enjoying the stunning scenery

  Vicki Krage Lakeshore Real Estate Krage &

  101 S Washington St Unit 302, Lake City, MN 55041
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  $345,000

  • 3 Beds
  • 2 Baths
  • 2,052 Sq Ft

  919 Sycamore St, Lake City, MN 55041

  Welcome home to this beautifully maintained ranch-style gem offering comfort, convenience, and room to grow! Featuring 3 bedrooms and 2 baths all on the main level, this home is designed for easy living. The spacious primary suite includes a private 3⁄4 bath, while the inviting living room, dining area, and kitchen provide the perfect space for gathering with family and friends. You’ll love the

  Vicki Krage Lakeshore Real Estate Krage &

  919 Sycamore St, Lake City, MN 55041
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  $1,100,000

  $100K PRICE DROP

  • 5 Beds
  • 4.5 Baths
  • 3,847 Sq Ft

  71258 285th Ave, Lake City, MN 55041

  Set high above the Mississippi River Valley with commanding views of Lake Pepin, this exceptional 47.86+/- acre property offers privacy, space, and a combination of features that are increasingly difficult to find. Located just outside of Lake City, the property provides a peaceful country setting with the convenience of town, marinas, golf, dining, and recreation just a short drive away with the

  Bob Stalberger Whitetail Properties Real Estate

  71258 285th Ave, Lake City, MN 55041
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  $385,000

  • 4 Beds
  • 2.5 Baths
  • 2,706 Sq Ft

  612 S Oak St, Lake City, MN 55041

  Beautifully renovated 1899 'Vintage Historical' home! A must see to appreciate all the care and meticulous work completed to modernize this home, yet preserving much of the intended character of the late 19th Century! 'MINT' condition home, located on the original main 'stage coach' line of the horse and buggy times but, still with a partial view of Lake Pepin! Only a short 1 1/2 block to the

  Chris Drury Edina Realty, Inc.

  612 S Oak St, Lake City, MN 55041
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  /4

  $79,000

  • Land
  • 2.08 Acres
  • $37,981 per Acre

  0 Lot 3 708th St, Lake City, MN 55041

  Country living is waiting for you to come and build your dream home. Lot 3 is in the Prairie Hill subdivision located just minutes to Lake City. Shared well access and electrical and blacktop roads are already in place. Call today to see this beautiful property.

  Cherie Burke Keller Williams Premier Realty

  0 Lot 3 708th St, Lake City, MN 55041
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  /27

  $239,000

  • 3 Beds
  • 1 Bath
  • 810 Sq Ft

  71009 Highway 61, Lake City, MN 55041

  SEARCHING FOR THE PERFECT GETAWAY? This charming seasonal cabin overlooking beautiful Lake Pepin may be exactly what you’ve been waiting for. Nestled on a bluff side with picturesque views of the lake, this property features open concept kitchen, living and dining area, 3 small bedrooms and sliding doors out to a concrete patio. Located on a black top road with a black top driveway this property

  Colleen Jennings Colleen Jennings Real Estate

  71009 Highway 61, Lake City, MN 55041
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  $19,900

  • Land
  • 1,306 Sq Ft
  • $663,333 per Acre

  112 Harmony Way, Lake City, MN 55041

  Beautiful views in the Jewel of Lake City. Bring your own builder or talk to our own in-house builder to see the custom plan for this great lot. Seller may consider Contract for Deed (Seller financing) with appropriate terms. Contact agent for information.

  Andres (Andy) Johnson Great River Brokers, LLC

  112 Harmony Way, Lake City, MN 55041
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  $425,000

  • 4 Beds
  • 2 Baths
  • 2,032 Sq Ft

  203 S Garden St, Lake City, MN 55041

  Your first word will be "WOW" as you enter this remarkable home! As you look around, you'll find that everything has either been rehabbed, remodeled or renewed yet it still embraces the comforting feel of a beautiful 1895 home. As we know, it's difficult to find a home of this era with a larger main floor bedroom and a main floor laundry. Not to mention a main floor 3/4 bath! The show stopper

  Linda Garrity Songbird Realty MN

  203 S Garden St, Lake City, MN 55041
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  $159,000

  Coming Soon

  • 3 Beds
  • 2 Baths
  • 1,088 Sq Ft

  929 W Iowa St, Lake City, MN 55041

  SUPER AFFORDABLE ! Pride of ownership shines throughout this well maintained and UPDATED 3 bedroom 2 bath mobile home on LAND THAT YOU OWN!! Located on a quiet dead street in an excellent neighborhood you’ll love the private setting with a beautiful landscaped LARGE yard featuring mature trees and abundant flowers. Enjoy summer days on the large deck and relax in the evenings by the cozy fire

  Colleen Jennings Colleen Jennings Real Estate

  929 W Iowa St, Lake City, MN 55041
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  $549,900

  • 4 Beds
  • 3 Baths
  • 2,339 Sq Ft

  148 Medinah Cir W, Lake City, MN 55041

  Welcome to this beautiful rambler nestled in a desirable golf course community and tucked away on a quiet cul-de-sac. The main level offers comfortable single-level living with oak hardwood floors, solid six-panel doors, stainless steel appliances, a walk-in kitchen pantry, tiled bathrooms, and a convenient mudroom. The covered back deck is perfect for relaxing or enjoying the peaceful

  Brian Johnson Coldwell Banker Realty

  148 Medinah Cir W, Lake City, MN 55041
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  $429,900

  • 2 Beds
  • 1.5 Baths
  • 1,678 Sq Ft

  1505 N High St, Lake City, MN 55041

  Experience the timeless charm of this Swiss Chalet home, thoughtfully designed with dramatic living room windows that showcase picturesque views of Lake Pepin and the surrounding landscape. This inviting two-bedroom, two-bath home features a loft-style primary bedroom with hardwood floors, abundant storage, and a private deck overlooking the beautifully landscaped backyard gardens. This home

  Jodi Gillard Lakes Sotheby's International Realty

  1505 N High St, Lake City, MN 55041
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  $90,000

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  201 S Franklin St Unit 66, Lake City, MN 55041

  Enjoy the best of lake living at Marina Point on beautiful Lake Pepin! This well-maintained 60’ x 14’ seasonal mobile home offers 2 bedrooms, 1 bathroom, and everything you need to start enjoying summer the day you close. Stay comfortable with central air and enjoy the convenience of this fully furnished retreat, complete with a 60” flat-screen TV, patio furniture, and even a Club Car gas golf

  Vicki Krage Lakeshore Real Estate Krage &

  201 S Franklin St Unit 66, Lake City, MN 55041
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  $300,000

  Open Sat 10AM - 12PM

  • 3 Beds
  • 2 Baths
  • 1,452 Sq Ft

  31922 County Road 5, Lake City, MN 55041

  Beautifully updated home on a spacious lot with mature trees and scenic bluff views just minutes from Lake City. The main level has been thoughtfully remodeled with an open-concept layout featuring a fully renovated kitchen with quartz countertops, new cabinetry, appliances, luxury vinyl plank flooring, updated lighting, and a new sliding patio door. The bathroom has been completely remodeled,

  Josh Huglen Real Broker, LLC.

  31922 County Road 5, Lake City, MN 55041
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  /23

  $254,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft

  109 N 6th St, Lake City, MN 55041

  Welcome home to a space that beautifully blends timeless character with the comfort of modern living. This turnkey 3-bedroom, 2-bath home has been thoughtfully remodeled recently with quality updates throughout and lovingly maintained ever since. Every major detail has already been taken care of for you, updated siding, mechanicals, plumbing and electrical, flooring, main level laundry, and a

  Jennifer Tepley Trust Realty

  109 N 6th St, Lake City, MN 55041
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  /15

  $400,000

  • 1 Bed
  • 1 Bath
  • 844 Sq Ft

  907 N Lakeshore Dr Unit 204, Lake City, MN 55041

  Whether you're looking for an investment property, weekend retreat, or primary residence, Unit 204 at Great River Flats offers an exceptional opportunity to own in the heart of Lake City. This inviting 1-bedroom, 1-bath unit features an open-concept layout with a spacious living area and modern kitchen designed for easy everyday living. Step out onto the private balcony to take in beautiful Lake

  Doris Calic Schurhammer Real Estate, LLC

  907 N Lakeshore Dr Unit 204, Lake City, MN 55041
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  /27

  $599,500

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,644 Sq Ft

  1301 N Lakeshore Dr Unit 202, Lake City, MN 55041

  Experience elevated living in this brand-new condo in beautiful Lake City, offering breathtaking views of Lake Pepin and a design that blends comfort, quality, and style. Never before lived in, this new construction home showcases exceptional craftsmanship and thoughtful upgrades throughout.The open-concept main level features engineered hardwood floors, real stone accents, and a stunning

  Jason Huerkamp Keller Williams Preferred Rlty

  1301 N Lakeshore Dr Unit 202, Lake City, MN 55041
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  /75

  $499,000

  • 3 Beds
  • 3 Baths
  • 3,276 Sq Ft

  727 Hidden Meadow Ln, Lake City, MN 55041

  Jay Stephan Schurhammer Real Estate, LLC

  727 Hidden Meadow Ln, Lake City, MN 55041
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  /36

  $299,500

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,015 Sq Ft

  1215 N Lakeshore Dr Unit 307, Lake City, MN 55041

  Welcome to the Villas on Pepin. Enjoy beautiful views of Lake Pepin from your own private covered deck — the perfect place for morning coffee or relaxing evenings. This thoughtfully designed condo features two bedrooms and one full bath. The kitchen offers maple wood cabinetry, granite countertops, and stainless steel appliances, combining style and functionality. The primary bedroom includes a

  Lisa Husaby-Lundell Cannon Realty

  1215 N Lakeshore Dr Unit 307, Lake City, MN 55041
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  /29

  $329,900

  $9K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,142 Sq Ft

  624 S 7th St, Lake City, MN 55041

  Enjoy the charm and functionality of this well-maintained home featuring a spacious covered front porch, 4 bedroom-home, and an oversized 3-car attached garage. Updates include a new roof, replaced siding on north side of home, new back patio & electric fireplace in lower level family room.Conveniently located just minutes from both the elementary and high school, adds to this home's

  Claudia Sviderski Featherstone Real Estate, LLC

  624 S 7th St, Lake City, MN 55041
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  /4

  $195,000

  $34K PRICE DROP

  • Land
  • 5.64 Acres
  • $34,574 per Acre

  0 Lot 1&2 708th St, Lake City, MN 55041

  What a View! Build your dream home with a view of the Mississippi. Lots 1 & 2 total 5.64 acres in the Prairie Hill Acres Subdivision. Located on a blacktop road with access to a shared well already in place. Conveniently located minutes outside of Lake City. Call for your showing today.

  Cherie Burke Keller Williams Premier Realty

  0 Lot 1&2 708th St, Lake City, MN 55041

Showing Results 1 - 40, Page 1 of 3

Why Live in Lake City

Lake City, Minnesota, is a charming riverside community situated along Lake Pepin on the Mississippi River, renowned as the birthplace of water skiing. This small city is a haven for water enthusiasts, offering numerous waterfront parks and beaches perfect for boating, fishing, and other water sports. The area hosts vibrant riverfront festivities and sports tournaments, making it ideal for those who enjoy an active lifestyle. Golfing is also popular, with several courses and country clubs surrounding the city. The historic district showcases a rich collection of 19th-century architecture, including Queen Anne, colonial, and Folk Victorian homes, alongside more modern ranch-style and Cape Cod residences. New developments feature contemporary ranch and New Traditional designs. Lake City is known for its attractions, such as Hok-Si-La Park, which spans over 250 acres and includes campgrounds and a public beach. Ohuta Park offers a Riverwalk Trail, playground, and hosts summer festivals like Water Ski Days. The Jewel Golf Club and Lake City Golf are open to the public, while Frontenac State Park provides hiking trails and bird watching opportunities. The waterfront area is dotted with dining options like Kelly’s Lake House Bar & Grill and shopping venues such as Lake Pepin Pearl Button Company. Lake City Fresh Market caters to grocery needs, with Walmart located 15 miles away in Red Wing. U.S. Highways 61 and 63 provide connectivity, with Rochester International Airport 45 miles away.

Learn more about living in Lake City

Frequently Asked Questions

What is the average home price in Lake City, MN?

Homes for sale in Lake City, MN have an average home price of $387,582.

How many homes have sold over the last 12 months in Lake City, MN?

88 homes have sold in Lake City, MN over the last 12 months.

What is the average household income in Lake City, MN?

The average household income in Lake City, MN is $88K.

What are the most popular zip codes in Lake City, MN?

The most popular zip codes in Lake City, MN include 55041, 55066, 54769, 55026 and 54759.

How much do you need to make to afford a house in Lake City?

The median home price in Lake City is $345,000. If you put a 20% down payment of $69,000 and had a 30-year fixed mortgage with an interest rate of 6.69%, your estimated principal and interest payment would be $1,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Lake City. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lake City is $88K.

How are the schools in Lake City, MN?

Lake City, MN has highly rated public and private schools. Some of the best schools in Lake City based on Niche Grades are Lincoln Secondary School, Bluff View Elementary School and Lake City Credit Recovery. Browse all the schools in Lake City, MN to learn more.

Home Prices in Lake City, MN

The median home sale price in Lake City, MN is $320,000, up 5% year-over-year. Homes in Lake City sell in 54 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price $320,000	Median Single Family Sale Price $329,900
Median Townhouse Sale Price $415,000	Median 2 Bedroom Sale Price $330,000
Median 1 Bedroom Sale Price $362,500	Average Price Per Sq Ft $210
Number of Homes for Sale 44	Last 12 months Home Sales 88
Months of Supply 6.00	Median List Price $345,000
Median Change From 1st List Price 0%	Median Home Sale Price YoY Change 5%