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

Schools
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

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

	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

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

	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

View Homes for Sale in Lakefield

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.