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Lake City, MN real estate

Compare top Lake City real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Lake City real estate Market Report.

Information and statistics on the latest trends in the Lake City real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$328K
+8.2% from Q2 '26
Median list price
$309K
-18% from Q2 '26
Active listings
85
+16% from Q2 '26
Homes sold
22
+22% from Q2 '26
New pendings
28
+27% from Q2 '26
New listings
40
-17% from Q2 '26

Quarterly Pricing Trends for Lake City

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Lake City Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $237K Median sale price in Jan 2022 - Mar 2022: $228K Median sale price in Apr 2022 - Jun 2022: $275K Median sale price in Jul 2022 - Sep 2022: $252K Median sale price in Oct 2022 - Dec 2022: $303K Median sale price in Jan 2023 - Mar 2023: $264K Median sale price in Apr 2023 - Jun 2023: $305K Median sale price in Jul 2023 - Sep 2023: $289K Median sale price in Oct 2023 - Dec 2023: $313K Median sale price in Jan 2024 - Mar 2024: $275K Median sale price in Apr 2024 - Jun 2024: $256K Median sale price in Jul 2024 - Sep 2024: $335K Median sale price in Oct 2024 - Dec 2024: $260K Median sale price in Jan 2025 - Mar 2025: $302K Median sale price in Apr 2025 - Jun 2025: $302K Median sale price in Jul 2025 - Sep 2025: $342K Median sale price in Oct 2025 - Dec 2025: $306K Median sale price in Jan 2026 - Mar 2026: $299K Median sale price in Apr 2026 - Jun 2026: $303K Median sale price in Jul 2026 - Sep 2026: $328K Median list price in Oct 2021 - Dec 2021: $247K Median list price in Jan 2022 - Mar 2022: $250K Median list price in Apr 2022 - Jun 2022: $250K Median list price in Jul 2022 - Sep 2022: $312K Median list price in Oct 2022 - Dec 2022: $270K Median list price in Jan 2023 - Mar 2023: $275K Median list price in Apr 2023 - Jun 2023: $299K Median list price in Jul 2023 - Sep 2023: $384K Median list price in Oct 2023 - Dec 2023: $275K Median list price in Jan 2024 - Mar 2024: $400K Median list price in Apr 2024 - Jun 2024: $315K Median list price in Jul 2024 - Sep 2024: $297K Median list price in Oct 2024 - Dec 2024: $330K Median list price in Jan 2025 - Mar 2025: $325K Median list price in Apr 2025 - Jun 2025: $330K Median list price in Jul 2025 - Sep 2025: $309K Median list price in Oct 2025 - Dec 2025: $325K Median list price in Jan 2026 - Mar 2026: $324K Median list price in Apr 2026 - Jun 2026: $377K Median list price in Jul 2026 - Sep 2026: $309K Oct 2021 - Dec 2021 Median sale price $237K Median list price $247K Jan 2022 - Mar 2022 Median sale price $228K Median list price $250K Apr 2022 - Jun 2022 Median sale price $275K Median list price $250K Jul 2022 - Sep 2022 Median sale price $252K Median list price $312K Oct 2022 - Dec 2022 Median sale price $303K Median list price $270K Jan 2023 - Mar 2023 Median sale price $264K Median list price $275K Apr 2023 - Jun 2023 Median sale price $305K Median list price $299K Jul 2023 - Sep 2023 Median sale price $289K Median list price $384K Oct 2023 - Dec 2023 Median sale price $313K Median list price $275K Jan 2024 - Mar 2024 Median sale price $275K Median list price $400K Apr 2024 - Jun 2024 Median sale price $256K Median list price $315K Jul 2024 - Sep 2024 Median sale price $335K Median list price $297K Oct 2024 - Dec 2024 Median sale price $260K Median list price $330K Jan 2025 - Mar 2025 Median sale price $302K Median list price $325K Apr 2025 - Jun 2025 Median sale price $302K Median list price $330K Jul 2025 - Sep 2025 Median sale price $342K Median list price $309K Oct 2025 - Dec 2025 Median sale price $306K Median list price $325K Jan 2026 - Mar 2026 Median sale price $299K Median list price $324K Apr 2026 - Jun 2026 Median sale price $303K Median list price $377K Jul 2026 - Sep 2026 Median sale price $328K Median list price $309K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
30
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Inventory in Lake City has expanded notably in this rolling three-month view, with active listings up more than 45% from a year ago. Months of supply has climbed to 8, a sharp increase from around 2.2 a year earlier, signaling much looser conditions. New listings are also arriving at a faster pace year over year, rising more than two-thirds.

Contract activity is holding fairly steady compared with last year, even as conditions shift. Pending sales are slightly higher than a year ago, but closed sales over the period are down nearly 30%, suggesting some contracts are taking longer to close or falling through.

Pricing is adjusting to this new balance between supply and demand. The typical home value in the latest three-month window is down a few percent year over year, and homes are taking longer to sell, with median days on market rising from the mid-20s to just over 30. At the same time, only about 23% of homes sold above list price, and the average sale-to-list ratio is just under 98%, hinting that buyers have more room to negotiate than before. With Lake City showing a blend of higher inventory and moderating prices, Agent Pronto can connect both buyers and sellers with an agent who understands these trends and can guide their decisions.



Learn more about what Lake City has to offer.

Lake City offers residents a friendly, close-knit community with beautiful outdoor scenery, easy access to recreation, and strong local services that support a rewarding everyday life.

Lake City immediately feels different from larger Mississippi River communities like Red Wing or Wabasha. Its identity centers on water, with a harbor, marinas, and public access that make Lake Pepin part of everyday life rather than just a weekend destination.

Downtown has a compact, walkable core with restaurants, shops, and river views. Residents gather along the lakefront and at Ohuta Beach Park for swimming, sailing, and community events, while golfers appreciate Lake City Golf and nearby Mississippi National. Families value neighborhood parks like Roschen Park and easy access to the Hok-Si-La Municipal Park & Campground with its trails and shoreline campsites.

Lake City’s school community centers on Lake City Public Schools, and the Lake City Public Library supports both lifelong learners and remote workers. Residents often make quick trips to Rochester or Winona for expanded shopping, healthcare, and cultural options, while returning home to quieter streets and a strong sense of local pride.

For buyers, timing your search around lake usage, tourism flows, and seasonal inventory patterns can make a real difference. For sellers, careful preparation and pricing that reflects water access, views, and neighborhood character are critical. Agent Pronto connects both buyers and sellers in Lake City with an agent who understands these nuances and can help you move at the right time.

Find your Lake City real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“When we started thinking about buying a house, a friend of ours who had recently sold their house recommended their realtor Alex Mayer. Having worked with Alex for 6 months now, he stands above the rest as a realtor. As first time homebuyers, we really appreciated how Alex met us where we were at. After we reached out, Alex met us quickly and explained everything from what to look for in a house to how to put together a winning offer. His focus on education was invaluable, and with each house we viewed, we learned more and more about what we needed our house to be. Alex’s patience and communication helped our confidence throughout the process, too. Alex was a great resource for connecting us to lenders, insurance agents, and other people who could help us make buying our first home happen. We looked at a LOT of houses together. But when we found the one that checked all the boxes, Alex did everything in his power to give us the best chance and made sure we were informed and comfortable at every move. It was a privilege working with such an exceptional realtor!”

rugrodenhomeshopping ·

Photo of Alex Mayer
eXp Realty
“Angel was an excellent realtor. This was our first time buying a home. Angel was always available with answers to our home-buying questions. Angel is professional, punctual, and offers advice with the buyer's interest in mind. I would highly recommend Angel to my family and friends. I am open to working with Angel again in the future if the opportuniy arose.”

Ted Cullen ·

Photo of The Minnesota Real Estate Team
RE/MAX Advantage Plus
“We are extremely happy with the job Erin did helping us sell our home! She was tenacious, dedicated, and always willing to go the extra mile to get the job done. She stayed on top of every detail and never gave up, even in this challenging market. Her professionalism, persistence, and commitment made a real difference throughout the process. We had such a great experience working with Erin that we have recommend her to our children. Erin is a realtor who cares about her clients and will work for the best possible outcome. We highly recommend Erin!”

jsmrstick ·

Photo of Erin Smiler
Real Brokerage - Grey Duck Properties
“We had an absolutely fantastic experience working with Katie. She took the time to really get to know us, what we liked, and what we were hoping to find in a home. She always came prepared, did thorough research, and offered thoughtful suggestions that genuinely helped us make confident decisions, especially when it came to choosing the right house and deciding what to offer. What stood out the most was that she was never pushy. She gave us space to think, was patient throughout the entire process, and truly respected our pace. Her knowledge of homes with remodeling potential was incredibly valuable and helped us see opportunities we would have otherwise missed. We felt supported, informed, and genuinely cared for every step of the way. We can’t recommend her highly enough!”

JessicaGonitzke ·

Photo of Katie Fears
Edina Realty
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”

Fran & Lisa · Lake City, MN

Photo of Larry Nielson
Nielson Real Estate Services
“Matt was exceptional in all aspects of the home buying process! As a first time home buyer, he did a great job answering all of my questions, making sure I fully understood his explanations. He was incredibly timely in his responses and any action taken to get me closed on the house and soon as possible. Not only did he do an outstanding job helping me buy the house, but he has created a lasting relationship with me and I truly treasure him and what he has done for me!”

Katie Klauser ·

Photo of Matt Humphrey
Engel & Völkers - Rochester
“Carrie has set the bar at a new level as far as realestate transactions go. thanks for an amazing experience. your organization, along with your communication skills are flawless. other realestate transactions could gain great satisfaction from your humble, pressure free approach. thank you very much”

harrison luke a ·

Photo of Carrie Klassen
RE/MAX Results
“Lauren was exceptional to work with. She was so sharp with her market knowledge, priced our home incredibly perfect so that we had multiple offers within 24 hours, and she was easy to get ahold of. Any questions that we had for her, she responded within minutes, despite even being at a her kids sporting event or between showings. She was recommended to us by a family member, and we'll be sure to pass the recommendations on to anyone we know who are needing real estate advice/assistance. If and when we sell or buy in the future, she will be the only person we contact. We appreciate you, Lauren! Thank you for all of your hard work for us!”

coma021967 ·

Photo of Lauren Janoski
Coldwell Banker Realty
“Katy is a really good realtor you should go with her. She was really helpful. If I ever decide to buy another place I will go with her. She helped me buy a house in less than a month.”

Clare VonDuck ·

Photo of Frank Hough
Minnesota First Realty
“Ben was amazing helping us buy a condo. He got us in to see it an hour after we found it online and by the end of the day our offer was accepted. We would definitely work with Ben again.”

dominicbaumbach ·

Photo of Ben Greene
exp realty
“Jameson and his staff were by far the best to work with. They made everything so easy and gave the best advice to sell or house quickly and for top dollar. I would highly recommend them.”

kbakke128 ·

Photo of Jameson Melbye
MN WI Real Estate Hub
“Brenda helped us purchase a house and sell 2 homes. We couldn't have asked for a better fit. She was timely, organized, personal, and very easy to work with. From Feb to May we purchased a home and sold 2 homes. She was instrumental in helping us organize clean outs and such, which was not an easy task during a pandemic. I would highly recommend her”

schmidtv3 ·

Photo of Brenda Daubenspeck
Realty ONE Group SIMPLIFIED
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“Dave got me into my first home. I was a bit of a financial nightmare on my end but after a fairly short amount of time dave got me straightenrd out and into my own home!!!! He is a genious. Thank you so much dave for making my dreams come true!!!”

zuser20170418180817251 ·

Photo of David Schultz
National Realty Guild
“Chad sold my husband and I our first home in 2011. He was an AWESOME agent to work with. He worked diligently to find homes within our price range, that had the features we were looking for. He was easy to communicate with, to scheduled viewing properties. He's extremely knowledgeable about the real estate business, market values, negotiating prices, and all around he's funny and just fun to work with. He's the kind of person you can 100% trust that he'll find you the right home for the right price.”

user3865916 ·

Photo of Chad Pederson
Pederson Realty
“Brian was very patient and understanding when it came to buying our house. I am a very picky person and he knew I just couldn't "settle" on some house. We looked at MANY houses and Brian always said the right one will come along. It was so nice to have had Chris along as well to have another female's opinion. Brian was very professional the whole time and gave us his honest opinion when we asked so many questions. He had no problem asking the sellers questions about the listed property and getting back to us promptly. It was very nice that Brian could recommend an inspector that he had worked with who was great as well. I would recommend Brian because of the knowledge he has in the real-estate field combined with the length of time in the business. Thanks Brian for making the buying of our house a very positive experience!”

joe3177 ·

Photo of Brian Trebelhorn
RE/MAX Remax Advantage Plus
“Brad was a great agent to work with. He worked hard for us with both selling our home and helping us purchase one as well. He was there to take our call 24/7 and to answer questions we had along the way. I would recommend him as an agent to all of our friends.”

user0560562 ·

Photo of Brad Hetland
Keller Williams

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lake City. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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