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Foreclosure Homes in Lakeland, MN

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Lakeland, MN Foreclosures

Current Market Conditions in in Lakeland, MN As of April 2026?
Over the past month, Lakeland's real estate market has seen a slight increase in home prices due to heightened buyer interest. Inventory remains low, which has spurred competition among buyers, typically resulting in quicker sales. Local sellers are taking advantage of favorable market conditions and have started listing at higher prices than last year, signaling continued confidence in the area.
How much do homes sell for in Lakeland, MN?
The average home price is currently $488,170.
In Lakeland, MN, how many homes are available?
There are currently 4 active home listings available in Lakeland.
What’s the average rental cost in Lakeland, MN?
The average rental price in Lakeland is $1,900.
What is the most expensive home in Lakeland?
The most expensive home sold in Lakeland had a price of $3,695,594.
What is currently the cheapest priced home in Lakeland, MN?
The cheapest home for sale in Lakeland is priced at $104,740.

Living in Lakeland, MN

Lakeland, MN is a picturesque community nestled on the banks of the St. Croix River. It offers beautiful natural landscapes, recreational activities, and a friendly atmosphere. The town is ideal for families and individuals seeking a peaceful lifestyle with convenient access to the Twin Cities.

Buyer vs Seller Market in Lakeland, MN

Lakeland's real estate market has shown consistent growth with an increasing demand for houses, particularly those with river views or close to nature. The average home price has steadily risen, reflecting the desirability of the area and the limited number of available properties. Buyers are drawn to the community for its tranquility and proximity to urban amenities.

Home Value Estimator For Lakeland, MN

There are currently 1,592 real estate properties in Lakeland, MN, with a median automated valuation model (AVM) price of $374,104.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakeland, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lakeland, MN, is $488,170.00, with the most expensive house in Lakeland, MN, topping out at $3,695,594.00 and the cheapest home in Lakeland, MN, clocking in at $104,740.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakeland, MN!

Rent Prices In Lakeland, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakeland, MN, is on a rollercoaster ride. The average rent price in Lakeland, MN, is $1,900.00. Indeed, when looking to rent in Lakeland, MN, you can expect to pay as little as $870.00 or as much as $5,220.00, with the average rent median estimated to be $1,810.00. The good news is that finding an affordable and desirable property to rent in Lakeland, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lakeland, MN Foreclosures

Market Trend for Lakeland, MN

Total Listings Available: 4

Market Values:

Home Prices from $104,740 to $3,695,594

Average Sales Price: $488,170

Rental Values:

Rental from $870 to $5,220

Average Rent Value: $1,900 / month

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