Active Listings
70
⇧ 48.9% vs 47 last year
Data as of September 2026. Source: Realtor.com.
The LAKE CITY, MN real estate market (55041) currently shows 70 active listings, with 12 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are selling faster, averaging 69 days on market compared to 102 days last year.
The median listing price has fallen 8.1% year-over-year, from $432,450 to $397,450.
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 September 2026, there are 70 active listings in LAKE CITY, MN (zip code 55041), compared to 47 the prior year.
The median listing price in LAKE CITY, MN 55041 is $397,450 as of September 2026, a 8.1% decrease from $432,450 the prior year.
Homes in LAKE CITY, MN 55041 spend an average of 69 days on the market before going under contract, compared to 102 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE CITY, MN 55041 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 102 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MN 55041 save an estimated $7,949 compared to a typical 5% commission on the median listing price of $397,450. 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.