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Lake City, MN Homes under $200,000

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  • 1702 N Lakeshore Dr Unit 8, Lake City, MN 55041
    1702 N Lakeshore Dr Unit 8, Lake City, MN 55041
    1702 N Lakeshore Dr Unit 8, Lake City, MN 55041
    /20

    $125,000

    • 1 Bed
    • 1 Bath
    • 514 Sq Ft

    1702 N Lakeshore Dr Unit 8, Lake City, MN 55041

    Look at this cute, cozy Lake retreat at a very affordable price! Enjoy the HOA Association owned Beach on beautiful Lake Pepin. Have a boat? Ownership in the HOA comes with the rights to use the dock! Fine dining and beautiful Lake Pepin are just a few steps away!

    Larry Nielson Nielson Const & RE Services

    1702 N Lakeshore Dr Unit 8, Lake City, MN 55041
  • 0 Lot 1&2 708th St, Lake City, MN 55041
    0 Lot 1&2 708th St, Lake City, MN 55041
    0 Lot 1&2 708th St, Lake City, MN 55041
    /4

    $199,000

    • Land
    • 6 Acres
    • $35,284 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
Minnesota Wabasha County Lake City

Real Estate & Homes in Lake City, MN under $200,000

Home Trends in Lake City, MN

On average, homes in Lake City, MN sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Lake City, MN over the last 12 months is $430,000, up 59% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$430,000
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$320,000
Average Price Per Sq Ft
$267
Number of Homes for Sale
6
Last 12 months Home Sales
33
Months of Supply
2.20
Median List Price
$570,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
59%
How to Buy a Home How to Finance a Home How to Sell a Home

In Lake City, you'll find a diverse selection of properties with 2 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Lake City, MN.

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