Active Listings
56
⇧ 12% vs 50 last year
Data as of July 2026. Source: Realtor.com.
The LAKE CITY, MN real estate market (55041) currently shows 56 active listings, with 8 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 55 days on market compared to 76 days last year.
The median listing price has fallen 11.5% year-over-year, from $475,725 to $421,200.
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 July 2026, there are 56 active listings in LAKE CITY, MN (zip code 55041), compared to 50 the prior year.
The median listing price in LAKE CITY, MN 55041 is $421,200 as of July 2026, a 11.5% decrease from $475,725 the prior year.
Homes in LAKE CITY, MN 55041 spend an average of 55 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAKE CITY, MN 55041 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MN 55041 save an estimated $8,424 compared to a typical 5% commission on the median listing price of $421,200. 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.