Active Listings
33
⇩ 5.7% vs 35 last year
Data as of March 2026. Source: Realtor.com.
The LAKE CITY, MN real estate market (55041) currently shows 33 active listings, with 10 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 40 days on market compared to 90 days last year.
The median listing price has fallen 1.2% year-over-year, from $419,900 to $414,975.
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 March 2026, there are 33 active listings in LAKE CITY, MN (zip code 55041), compared to 35 the prior year.
The median listing price in LAKE CITY, MN 55041 is $414,975 as of March 2026, a 1.2% decrease from $419,900 the prior year.
Homes in LAKE CITY, MN 55041 spend an average of 40 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE CITY, MN 55041 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MN 55041 save an estimated $8,300 compared to a typical 5% commission on the median listing price of $414,975. 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.