Data as of June 2026. Source: Realtor.com.
The LAKEFIELD, MN real estate market (56150) currently shows 8 active listings, with 3 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 53 days on market compared to 69 days last year.
The median listing price has risen 20.4% year-over-year, from $164,450 to $198,000.
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.
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 June 2026, there are 8 active listings in LAKEFIELD, MN (zip code 56150), compared to 12 the prior year.
The median listing price in LAKEFIELD, MN 56150 is $198,000 as of June 2026, a 20.4% increase from $164,450 the prior year.
Homes in LAKEFIELD, MN 56150 spend an average of 53 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKEFIELD, MN 56150 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEFIELD, MN 56150 save an estimated $3,960 compared to a typical 5% commission on the median listing price of $198,000. 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.