Data as of June 2026. Source: Realtor.com.
The LAKE CITY, MN real estate market (55041) currently shows 54 active listings, with 12 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 45 days on market compared to 58 days last year.
The median listing price has fallen 5.2% year-over-year, from $445,750 to $422,450.
Whether you are buying or selling in LAKE CITY, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 7,559 · Density: 20.3/mi² · Median household income: $76,422
Typical home value: $253,988 · Homeownership: 80.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55041 | Lake City, MN 55041 | 0.0 mi | 23 | $11,346,176 | $459,900 | $493,312 |
| 54769 | Stockholm, WI 54769 | 8.9 mi | 3 | $2,137,425 | $712,475 | $712,475 |
| 54759 | Pepin, WI 54759 | 11.6 mi | 6 | $1,992,552 | $251,975 | $332,092 |
| 55956 | Mazeppa, MN 55956 | 13.0 mi | 4 | $2,174,900 | $543,725 | $543,725 |
| 55027 | Goodhue, MN 55027 | 14.9 mi | 3 | $644,325 | $226,825 | $214,775 |
| 55945 | Kellogg, MN 55945 | 15.7 mi | 4 | $1,172,000 | $293,000 | $293,000 |
| 55964 | Plainview, MN 55964 | 17.9 mi | 17 | $5,765,244 | $263,675 | $339,132 |
| 55906 | Rochester, MN 55906 | 20.3 mi | 71 | $36,405,818 | $363,725 | $512,758 |
| 55960 | Oronoco, MN 55960 | 20.5 mi | 9 | $5,139,756 | $492,450 | $571,084 |
| 55963 | Pine Island, MN 55963 | 22.2 mi | 32 | $11,490,752 | $356,150 | $359,086 |
| 54011 | Ellsworth, WI 54011 | 23.3 mi | 21 | $10,325,637 | $451,150 | $491,697 |
| 54610 | Alma, WI 54610 | 24.4 mi | 6 | $2,342,946 | $314,999 | $390,491 |
| 55910 | Altura, MN 55910 | 25.0 mi | 1 | $289,000 | $289,000 | $289,000 |
As of June 2026, there are 54 active listings in LAKE CITY, MN (zip code 55041), compared to 54 the prior year.
The median listing price in LAKE CITY, MN 55041 is $422,450 as of June 2026, a 5.2% decrease from $445,750 the prior year.
Homes in LAKE CITY, MN 55041 spend an average of 45 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKE CITY, MN 55041 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 45 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MN 55041 save an estimated $8,449 compared to a typical 5% commission on the median listing price of $422,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.