Lakefield Housing Information - Census

IndexLakefieldMinnesotaNational
Median home price$79,100$185,200$175,700
Median rent asked$555$835$920
Avg. people per household1.92.42.6
Owner occupied households76.2%72.1%64.4%
Renter occupied households23.8%27.9%35.6%

Lakefield Housing Information - Zillow

IndexLakefieldMinnesotaNational
Zillow home value indexn/a$194,800$188,100
Year over year appreciation raten/a7.39%5.14%
5 year average appreciation raten/a4.96%4.12%
10 year average appreciation raten/a-0.72%-0.33%

Did you know?

  • The median home price in Lakefield is 55% lower than the national average.
  • The median rent asked in Lakefield is 40% lower than the national average.
  • The average number of people per household in Lakefield is 26% lower than the national average.
  • The number of owner occupied households in Lakefield is 18% higher than the national average.
  • The number of renter occupied households in Lakefield is 33% lower than the national average.

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Compare Lakefield, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Dundee, MN89$38,30078%
Wilder, MN42$50,00072%
Okabena, MN180$55,90068%
Alpha, MN252$62,60064%
Heron Lake, MN626$68,30061%
Lakefield, MN1,528$79,10055%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
White Pigeon, MI1,528$76,20057%
Midtown, TN1,528$75,50057%
Milton CDP (Ulster County), NY1,529$252,50044%
Farley, IA1,527$136,60022%
Larimore, ND1,527$94,10046%
Lakefield, MN1,528$79,10055%
Source: The Lakefield, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.