Active Listings
6
⇩ 50% vs 12 last year
Population: 2,815 · Density: 6.2/mi² · Median household income: $62,396
Typical home value: $125,840 · Homeownership: 85.1%
Data as of January 2026. Source: Realtor.com.
The LAKEFIELD, MN real estate market (56150) currently shows 6 active listings, with 1 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 68 days on market compared to 88 days last year.
The median listing price has fallen 10.3% year-over-year, from $159,950 to $143,450.
Whether you are buying or selling in LAKEFIELD, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56150 | Lakefield, MN 56150 | 0.0 mi | 6 | $976,302 | $143,450 | $162,717 |
| 56143 | Jackson, MN 56143 | 10.3 mi | 21 | $5,270,664 | $199,900 | $250,984 |
| 56119 | Brewster, MN 56119 | 13.8 mi | 2 | $391,500 | $195,750 | $195,750 |
| 51360 | Spirit Lake, IA 51360 | 15.1 mi | 51 | $49,153,953 | $470,000 | $963,803 |
| 56111 | Alpha, MN 56111 | 16.6 mi | 2 | $494,000 | $247,000 | $247,000 |
| 56101 | Windom, MN 56101 | 17.6 mi | 37 | $9,278,379 | $277,450 | $250,767 |
| 51331 | Arnolds Park, IA 51331 | 19.1 mi | 39 | $25,943,229 | $559,900 | $665,211 |
| 51354 | Ocheyedan, IA 51354 | 22.6 mi | 2 | $260,000 | $130,000 | $130,000 |
| 56127 | Dunnell, MN 56127 | 22.8 mi | 2 | $390,000 | $195,000 | $195,000 |
| 56160 | Odin, MN 56160 | 24.3 mi | 1 | $189,900 | $189,900 | $189,900 |
| 56159 | Mountain Lake, MN 56159 | 25.4 mi | 7 | $1,222,620 | $149,999 | $174,660 |
| 51334 | Estherville, IA 51334 | 25.9 mi | 23 | $5,893,681 | $200,000 | $256,247 |
| 51340 | Fostoria, IA 51340 | 27.4 mi | 2 | $318,000 | $159,000 | $159,000 |
As of January 2026, there are 6 active listings in LAKEFIELD, MN (zip code 56150), compared to 12 the prior year.
The median listing price in LAKEFIELD, MN 56150 is $143,450 as of January 2026, a 10.3% decrease from $159,950 the prior year.
Homes in LAKEFIELD, MN 56150 spend an average of 68 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKEFIELD, MN 56150 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 68 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEFIELD, MN 56150 save an estimated $2,869 compared to a typical 5% commission on the median listing price of $143,450. 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.