House Prices

House Prices & Home Values Minnesota Lake, MN 2026


Average Data

average house price$192,400
average size per house2396 ft²
average price per ft²81 $ / ft²

06/27/2026 - The value range (VR) for house prices in Minnesota Lake, MN is $80/ sqft to $80/ sqft. An average home with 2396 sqft costs approximately $191,680 to $191,680. Minnesota Lake, MN includes 1 ZIP codes and it is located in Faribault county. The lowest prices are found in ZIP 56068, while the highest are in ZIP 56068. The average price per sqare feet is $81. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Minnesota Lake

5606881 $ / ft²




Historical development of home values in Minnesota Lake

Year Estimated value (USD) Change vs. 2025
2010 $89,354 -53.6%
2011 $85,899 -55.4%
2012 $85,667 -55.5%
2013 $88,869 -53.8%
2014 $93,288 -51.5%
2015 $98,076 -49.0%
2016 $103,195 -46.4%
2017 $108,764 -43.5%
2018 $114,778 -40.3%
2019 $120,100 -37.6%
2020 $126,308 -34.4%
2021 $143,662 -25.3%
2022 $167,478 -13.0%
2023 $176,613 -8.2%
2024 $186,830 -2.9%
2025 $192,400 0.0%

Graph: estimated home values in Minnesota Lake over time (USD)



Example: 100% financing house in Minnesota Lake

Loan amount: $192,400

Interest rate: 6.00%

Fixed monthly payment: $1,153.54

Breakdown in the 1st month:
Interest portion: $962.00  –  Principal portion: $191.54

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,479.73 $2,362.69 $190,037.31
2 $11,334.00 $2,508.42 $187,528.89
3 $11,179.29 $2,663.13 $184,865.75
4 $11,015.03 $2,827.39 $182,038.36
5 $10,840.64 $3,001.78 $179,036.58
6 $10,655.50 $3,186.92 $175,849.66
7 $10,458.94 $3,383.48 $172,466.18
8 $10,250.25 $3,592.17 $168,874.01
9 $10,028.70 $3,813.73 $165,060.28
10 $9,793.47 $4,048.95 $161,011.33
11 $9,543.74 $4,298.68 $156,712.66
12 $9,278.61 $4,563.81 $152,148.84
13 $8,997.12 $4,845.30 $147,303.55
14 $8,698.28 $5,144.15 $142,159.40
15 $8,381.00 $5,461.42 $136,697.98
16 $8,044.15 $5,798.27 $130,899.70
17 $7,686.52 $6,155.90 $124,743.81
18 $7,306.84 $6,535.58 $118,208.22
19 $6,903.74 $6,938.68 $111,269.54
20 $6,475.78 $7,366.64 $103,902.90
21 $6,021.42 $7,821.00 $96,081.90
22 $5,539.04 $8,303.38 $87,778.51
23 $5,026.90 $8,815.52 $78,962.99
24 $4,483.18 $9,359.24 $69,603.75
25 $3,905.92 $9,936.50 $59,667.26
26 $3,293.06 $10,549.36 $49,117.90
27 $2,642.40 $11,200.02 $37,917.87
28 $1,951.61 $11,890.81 $26,027.06
29 $1,218.21 $12,624.21 $13,402.85
30 $439.58 $13,402.85 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Minnesota Lake, MN


1500 sqft3900 sqft
Ø selling price$147,015$312,741
Ø fast selling$133,650$281,467
Ø high price sale$160,380$344,016

In 2026, houses in Minnesota Lake, MN will be offered at an average price of $81 per square foot. A 1,500 sqft home priced at $147,015 is 23.23% more expensive per square foot than a 3,900 sqft home priced at $312,741. Home prices in Minnesota Lake, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $216,514. Sellers who can wait longer may achieve a higher price of up to $264,628.

FAQ – Home Values in Minnesota Lake

What is the median home value in Minnesota Lake in 2026?

In 2026, the typical home value in Minnesota Lake is about $192,400 for an average home size of 2396 square feet. This corresponds to an average price of roughly $81 per square foot.

What is the average cost per square foot in Minnesota Lake?

In 2026, homes in Minnesota Lake sell for an average of around $81 per square foot, with a typical range between $80 and $80 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Minnesota Lake is about 2396 square feet, with an estimated 2026 value around $192,400.



Locations close to Minnesota Lake, MN

Montgomery, MN153 $ / ft²
New Prague, MN165 $ / ft²
New Richland, MN76 $ / ft²
Mapleton, MN205 $ / ft²
Madison Lake, MN175 $ / ft²
Madelia, MN82 $ / ft²
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