Data as of September 2026. Source: Realtor.com.
The LAKEFIELD, MN real estate market (56150) currently shows 8 active listings, with 4 pending sales. Homes are averaging 135 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 taking longer to sell, averaging 135 days on market compared to 50 days last year.
The median listing price has risen 14.7% year-over-year, from $169,425 to $194,250.
Population: 2,815 · Density: 6.2/mi² · Median household income: $62,396
Typical home value: $125,840 · Homeownership: 85.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56150 | Lakefield, MN 56150 | 0.0 mi | 8 | $1,402,832 | $157,000 | $175,354 |
| 56143 | Jackson, MN 56143 | 10.3 mi | 28 | $6,951,980 | $188,750 | $248,285 |
| 56119 | Brewster, MN 56119 | 13.8 mi | 3 | $601,626 | $197,375 | $200,542 |
| 51360 | Spirit Lake, IA 51360 | 15.1 mi | 53 | $59,028,008 | $526,000 | $1,113,736 |
| 56111 | Alpha, MN 56111 | 16.6 mi | 2 | $798,000 | $399,000 | $399,000 |
| 56101 | Windom, MN 56101 | 17.6 mi | 37 | $9,247,854 | $277,450 | $249,942 |
| 56187 | Worthington, MN 56187 | 18.6 mi | 37 | $11,843,626 | $300,875 | $320,098 |
| 51351 | Milford, IA 51351 | 22.0 mi | 20 | $26,812,520 | $732,250 | $1,340,626 |
| 56171 | Sherburn, MN 56171 | 22.8 mi | 10 | $2,197,500 | $144,000 | $219,750 |
| 56131 | Fulda, MN 56131 | 23.9 mi | 15 | $4,857,270 | $285,000 | $323,818 |
| 56117 | Bigelow, MN 56117 | 24.9 mi | 2 | $514,000 | $257,000 | $257,000 |
| 56165 | Reading, MN 56165 | 25.6 mi | 1 | $279,500 | $279,500 | $279,500 |
| 56176 | Trimont, MN 56176 | 26.3 mi | 6 | $1,312,950 | $167,400 | $218,825 |
As of September 2026, there are 8 active listings in LAKEFIELD, MN (zip code 56150), compared to 14 the prior year.
The median listing price in LAKEFIELD, MN 56150 is $194,250 as of September 2026, a 14.7% increase from $169,425 the prior year.
Homes in LAKEFIELD, MN 56150 spend an average of 135 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKEFIELD, MN 56150 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 135 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEFIELD, MN 56150 save an estimated $3,885 compared to a typical 5% commission on the median listing price of $194,250. 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.