Lakefield Real Estate Market Conditions

  • Median sales price

    $105,500
    6.58% change since last quarter
  • # Active listings

    10
    30-day change

Lakefield Schools and Demographics

Education near Lakefield, MN

City County
High School Graduates 93.97 92.38
College Degree - 2 year 11.47 13.23
College Degree - 4 year 15.95 20.2
Graduate Degree 3.02 4.07
Expenditures per Student 10,793 11,476
Students per Teacher 15.3 13.5

Elementary Schools near Lakefield, MN

Grades Students P/T Ratio ZIP
Pleasantview Elementary School PK - 05 167 14 56150
Riverside Elementary School PK - 05 398 12 56143
Round Lake-Brewster Elementary PK - 08 142 10.3 56119

Middle Schools near Lakefield, MN

Grades Students P/T Ratio ZIP
Jackson County Central Middle School 06 - 08 277 16.4 56150

High Schools near Lakefield, MN

Grades Students P/T Ratio ZIP
Heron Lake-Okabena Secondary 07 - 12 184 11.8 56161
Jackson County Central Senior High School 09 - 12 372 16.6 56143

Ungraded Schools near Lakefield, MN

Grades Students P/T Ratio ZIP
Round Lake-Brewster Secondary 06 - 12 46 9.2 56119

Demographics near Lakefield, MN

City County
Neighborhood Type Small Town
Population 1,703 10,104
Population Density 1,273 14
Median Age 38.1 44
People per Household 2.3 2.3
Median Household Income 53,550 55,122
Average Income per Capita 24,913 31,010

Lakefield Real Estate

The median home value in Lakefield, MN is $105,500. This is lower than the county median home value of $132,500. The national median home value is $219,700. The average price of homes sold in Lakefield, MN is $105,500. Approximately 76.17% of Lakefield homes are owned, compared to 12.41% rented, while 11.43% are vacant. Lakefield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakefield real estate agent to arrange a tour today!

Lakefield, Minnesota has a population of 1,703. Lakefield is more family-centric than the surrounding county with 31.4% of the households containing married families with children. The county average for households married with children is 30.67%.

The median household income in Lakefield, Minnesota is $53,550. The median household income for the surrounding county is $55,122 compared to the national median of $57,652. The median age of people living in Lakefield is 38.1 years.

Lakefield Weather

The average high temperature in July is 81.6 degrees, with an average low temperature in January of 3.2 degrees. The average rainfall is approximately 29.5 inches per year, with 39.9 inches of snow per year.