$359,900
- 2 Beds
- 2 Baths
- 1,539 Sq Ft
1322 N 7th St, Lake City, MN 55041
1322 N 7th St, Lake City, MN 55041
3
Lake City, MN Townhomes for Sale
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$485,000
- 4 Beds
- 3 Baths
- 3,717 Sq Ft
308 W Iowa St, Lake City, MN 55041
308 W Iowa St, Lake City, MN 55041 -
$1,099,000
- 4 Beds
- 3.5 Baths
- 2,954 Sq Ft
2041 S Oak St, Lake City, MN 55041
2041 S Oak St, Lake City, MN 55041
Why Live in Lake City
Lake City, nestled by Lake Pepin on the Mississippi River, is known for its tranquil, small-town ambiance and rich history as the birthplace of water skiing. The neighborhood features numerous waterfront parks and beaches, making it ideal for boating, fishing, and other water sports. Golf enthusiasts will appreciate the abundance of golf courses and country clubs. The historic district boasts a variety of 19th-century homes with Queen Anne, colonial, and Folk Victorian influences, alongside 1950s to 1970s ranch-style, Cape Cod, and split-level homes. Newer developments feature contemporary ranch and New Traditional designs. The median home price is below the national average, offering a range of affordable options. Lake City is safer than the national average, providing a secure environment for residents. The area is vibrant with attractions such as Hok-Si-La Park, which offers campgrounds, cabins, and a public beach, and Ohuta Park, home to the Riverwalk Trail and summer festivals like Water Ski Days. Shopping and dining along the waterfront include Kelly’s Lake House Bar & Grill and Port 104, while groceries can be found at Lake City Fresh Market. U.S. Highways 61 and 63 provide connectivity, with Red Wing’s Amtrak station 15 miles away and Rochester International Airport 45 miles distant.
Home Trends in Lake City, MN
On average, homes in Lake City, MN sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Lake City, MN over the last 12 months is $303,000, up 5% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$303,000
Median Single Family Sale Price
$335,000
Median Townhouse Sale Price
$388,750
Average Price Per Sq Ft
$207
Number of Homes for Sale
41
Last 12 months Home Sales
91
Months of Supply
5.40
Median List Price
$345,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
In Lake City, there are currently 3 townhouses for sale, providing a range of options for prospective buyers. With townhouses priced between $359,900 to $1,099,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Lake City is $345,500, while the average sale price is $344,296, offering insights into the local housing market. On average, townhouses spend 46 days listed before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options to cater to different lifestyles. Explore the listings and townhomes for sale in Lake City, MN, and find the perfect place to call home.
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