House Prices

House Prices & Home Values Lancaster, MN 2026


Average Data

average house price$163,800
average size per house1690 ft²
average price per ft²97 $ / ft²

05/21/2026 - The value range (VR) for house prices in Lancaster, MN is $97/ sqft to $97/ sqft. An average home with 1690 sqft costs approximately $163,930 to $163,930. Lancaster, MN includes 1 ZIP codes and it is located in Kittson county. The lowest prices are found in ZIP 56735, while the highest are in ZIP 56735. The average price per sqare feet is $97. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Lancaster

56735102 $ / ft²




Historical development of home values in Lancaster

Year Estimated value (USD) Change vs. 2025
2010 $76,072 -53.6%
2011 $73,130 -55.4%
2012 $72,933 -55.5%
2013 $75,659 -53.8%
2014 $79,421 -51.5%
2015 $83,497 -49.0%
2016 $87,855 -46.4%
2017 $92,597 -43.5%
2018 $97,716 -40.3%
2019 $102,247 -37.6%
2020 $107,533 -34.4%
2021 $122,307 -25.3%
2022 $142,582 -13.0%
2023 $150,360 -8.2%
2024 $159,058 -2.9%
2025 $163,800 0.0%

Graph: estimated home values in Lancaster over time (USD)



Example: 100% financing house in Lancaster

Loan amount: $163,800

Interest rate: 6.00%

Fixed monthly payment: $982.06

Breakdown in the 1st month:
Interest portion: $819.00  –  Principal portion: $163.06

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,773.28 $2,011.48 $161,788.52
2 $9,649.22 $2,135.55 $159,652.97
3 $9,517.50 $2,267.26 $157,385.71
4 $9,377.66 $2,407.10 $154,978.60
5 $9,229.20 $2,555.57 $152,423.04
6 $9,071.58 $2,713.19 $149,709.85
7 $8,904.23 $2,880.53 $146,829.31
8 $8,726.57 $3,058.20 $143,771.12
9 $8,537.94 $3,246.82 $140,524.30
10 $8,337.69 $3,447.08 $137,077.22
11 $8,125.08 $3,659.69 $133,417.53
12 $7,899.36 $3,885.41 $129,532.12
13 $7,659.71 $4,125.05 $125,407.07
14 $7,405.29 $4,379.47 $121,027.60
15 $7,135.17 $4,649.59 $116,378.01
16 $6,848.40 $4,936.37 $111,441.64
17 $6,543.93 $5,240.83 $106,200.81
18 $6,220.69 $5,564.08 $100,636.73
19 $5,877.51 $5,907.26 $94,729.48
20 $5,513.16 $6,271.60 $88,457.87
21 $5,126.34 $6,658.42 $81,799.45
22 $4,715.67 $7,069.10 $74,730.36
23 $4,279.66 $7,505.10 $67,225.25
24 $3,816.76 $7,968.00 $59,257.25
25 $3,325.31 $8,459.45 $50,797.80
26 $2,803.55 $8,981.21 $41,816.59
27 $2,249.61 $9,535.15 $32,281.43
28 $1,661.50 $10,123.26 $22,158.17
29 $1,037.12 $10,747.64 $11,410.53
30 $374.23 $11,410.53 $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 Lancaster, MN


1500 sqft3900 sqft
Ø selling price$176,055$374,518
Ø fast selling$160,050$337,066
Ø high price sale$192,061$411,969

In 2026, houses in Lancaster, MN will be offered at an average price of $97 per square foot. A 1,500 sqft home priced at $176,055 is 24.10% more expensive per square foot than a 3,900 sqft home priced at $374,518. Home prices in Lancaster, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $259,282. Sellers who can wait longer may achieve a higher price of up to $316,899.


Discover Lancaster, MN

Lancaster, MN is a welcoming small city in northwestern Kittson County with deep roots in prairie agriculture. Travelers find Lancaster Minnesota close to the Canadian border, making it a convenient gateway to cross-border commerce and culture.

Location & Access

The community sits along U.S. Highway 59 and Minnesota State Highway 175, offering easy drives to nearby towns and regional hubs. Its quiet streets, well-kept neighborhoods, and locally owned businesses reflect classic small-town charm paired with Northern Minnesota resilience.

Community & Lifestyle

Residents value year-round community spirit, from school activities to volunteer efforts that keep parks, facilities, and traditions thriving. Agriculture anchors the local economy, with grain, beans, and cattle operations supported by service providers, trucking, and ag retail.

Education & Services

Families appreciate access to quality education through area public schools, alongside libraries, faith communities, and youth programs.

Outdoors & Climate

Outdoor recreation is a highlight, with nearby Lake Bronson State Park, snowmobile trails, birding areas, and wide-open skies for stargazing.
The four-season climate brings crisp winters ideal for ice fishing and warm summers perfect for local gatherings and backyard cookouts.

Why Visit or Settle

Whether you are passing through or planning a move, Lancaster, MN offers a safe, friendly base to live, work, and explore the Red River Valley.



FAQ – Home Values in Lancaster

What is the median home value in Lancaster in 2026?

In 2026, the typical home value in Lancaster is about $163,800 for an average home size of 1690 square feet. This corresponds to an average price of roughly $97 per square foot.

What is the average cost per square foot in Lancaster?

In 2026, homes in Lancaster sell for an average of around $97 per square foot, with a typical range between $97 and $97 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 Lancaster is about 1690 square feet, with an estimated 2026 value around $163,800.



Locations close to Lancaster, MN

Mentor, MN200 $ / ft²
Middle River, MN86 $ / ft²
Newfolden, MN117 $ / ft²
Lake Bronson, MN104 $ / ft²
Kennedy, MN122 $ / ft²
Karlstad, MN101 $ / ft²
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