Lake City, MN Real Estate & Property Data

Lake City Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Lake City, MN 55041. ATTOM’s Lake City real estate data is updated daily, and current market trends show that in Lake City, MN a total of 106 residential properties have sold over the past year. With a median home price of $189,500 in Lake City. Get detailed property data for Lake City, MN instantly. ATTOM is your one-stop-shop for the Lake City property reports and real estate data you need in Lake City, MN.

Lake City Real Estate Market Trends
Total Residential Properties 3,671
Total Commercial Properties 730
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 1,585
Total 2025 Residential Sales (year-to-date) 11
% of Homes Seriously Underwater (Q2 2025) 0.95%
Total 2024 Residential Sales 101
% of Equity Rich Homes (Q2 2025) 27.36%
Effective 2024 Property Tax 0.9%
Total Foreclosure Filings (year-to-date) N/A
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Lake City, MN 55041 Real Estate Overview

There were 106 residential properties sold in the past year in Lake City, MN 55041. The median home value in Lake City, MN 55041 is $304,500. There are a total of 3,671 residential properties in the 55041.

Median Sales Price i
$189,500
(Feb 2025)
-31.1%
year-over-year
y-o-y
  • February '25 Feb '25 $189,500
  • January '25 Jan '25 $225,000
  • December '24 Dec '24 $289,900
  • November '24 Nov '24 $260,000
  • October '24 Oct '24 $288,450
  • September '24 Sep '24 $319,500
  • August '24 Aug '24 $245,900
  • July '24 Jul '24 $265,000
  • June '24 Jun '24 $240,000
  • May '24 May '24 $270,000
  • April '24 Apr '24 $260,000
  • March '24 Mar '24 $405,000
Median Down Payment i
$41,800
(Feb 2025)
+246.3%
year-over-year
y-o-y
  • February '25 Feb '25 $41,800
  • January '25 Jan '25 $38,000
  • December '24 Dec '24 $26,750
  • November '24 Nov '24 $39,864
  • October '24 Oct '24 $50,100
  • September '24 Sep '24 $76,000
  • August '24 Aug '24 $30,522
  • July '24 Jul '24 $39,750
  • June '24 Jun '24 $7,200
  • May '24 May '24 $24,400
  • April '24 Apr '24 $29,650
  • March '24 Mar '24 $40,500
Number of Homes Sold i
7
(Feb 2025)
+16.7%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 4
  • December '24 Dec '24 7
  • November '24 Nov '24 12
  • October '24 Oct '24 8
  • September '24 Sep '24 9
  • August '24 Aug '24 15
  • July '24 Jul '24 8
  • June '24 Jun '24 7
  • May '24 May '24 7
  • April '24 Apr '24 10
  • March '24 Mar '24 6
Number of Purchase Loans i
5
(Feb 2025)
+66.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 4
  • November '24 Nov '24 5
  • October '24 Oct '24 7
  • September '24 Sep '24 7
  • August '24 Aug '24 7
  • July '24 Jul '24 5
  • June '24 Jun '24 1
  • May '24 May '24 4
  • April '24 Apr '24 5
  • March '24 Mar '24 6
Number of REFI Loans i
2
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 5
  • December '24 Dec '24 7
  • November '24 Nov '24 11
  • October '24 Oct '24 5
  • September '24 Sep '24 8
  • August '24 Aug '24 6
  • July '24 Jul '24 6
  • June '24 Jun '24 4
  • May '24 May '24 11
  • April '24 Apr '24 9
  • March '24 Mar '24 3
Number of HELOC Loans i
3
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 9
  • August '24 Aug '24 3
  • July '24 Jul '24 1
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 1
  • March '24 Mar '24 1

Lake City, MN 55041 Foreclosure Activity

Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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