House Prices

House Prices & Home Values Lakeland, MN 2026


Average Data

average house price$365,460
average size per house1751 ft²
average price per ft²209 $ / ft²

04/04/2026 - The value range (VR) for house prices in Lakeland, MN is $154/ sqft to $154/ sqft. An average home with 1751 sqft costs approximately $269,654 to $269,654. Lakeland, MN includes 1 ZIP codes and it is located in Washington county. The lowest prices are found in ZIP 55043, while the highest are in ZIP 55043. The average price per sqare feet is $209. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Lakeland

55043141 $ / ft²




Historical development of home values in Lakeland

Year Estimated value (USD) Change vs. 2025
2010 $169,726 -53.6%
2011 $163,163 -55.4%
2012 $162,724 -55.5%
2013 $168,806 -53.8%
2014 $177,200 -51.5%
2015 $186,294 -49.0%
2016 $196,016 -46.4%
2017 $206,596 -43.5%
2018 $218,018 -40.3%
2019 $228,127 -37.6%
2020 $239,920 -34.4%
2021 $272,883 -25.3%
2022 $318,120 -13.0%
2023 $335,473 -8.2%
2024 $354,880 -2.9%
2025 $365,460 0.0%

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



Example: 100% financing house in Lakeland

Loan amount: $365,460

Interest rate: 6.00%

Fixed monthly payment: $2,191.12

Breakdown in the 1st month:
Interest portion: $1,827.30  –  Principal portion: $363.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,805.52 $4,487.89 $360,972.11
2 $21,528.71 $4,764.69 $356,207.41
3 $21,234.84 $5,058.57 $351,148.84
4 $20,922.84 $5,370.57 $345,778.27
5 $20,591.59 $5,701.82 $340,076.45
6 $20,239.91 $6,053.49 $334,022.96
7 $19,866.55 $6,426.86 $327,596.10
8 $19,470.15 $6,823.25 $320,772.85
9 $19,049.31 $7,244.10 $313,528.75
10 $18,602.51 $7,690.90 $305,837.85
11 $18,128.15 $8,165.26 $297,672.60
12 $17,624.54 $8,668.87 $289,003.72
13 $17,089.86 $9,203.55 $279,800.18
14 $16,522.21 $9,771.20 $270,028.98
15 $15,919.54 $10,373.87 $259,655.11
16 $15,279.70 $11,013.71 $248,641.40
17 $14,600.40 $11,693.01 $236,948.39
18 $13,879.20 $12,414.21 $224,534.19
19 $13,113.52 $13,179.89 $211,354.30
20 $12,300.61 $13,992.79 $197,361.51
21 $11,437.57 $14,855.84 $182,505.67
22 $10,521.29 $15,772.11 $166,733.55
23 $9,548.50 $16,744.90 $149,988.65
24 $8,515.72 $17,777.69 $132,210.96
25 $7,419.23 $18,874.18 $113,336.77
26 $6,255.11 $20,038.30 $93,298.47
27 $5,019.19 $21,274.22 $72,024.25
28 $3,707.04 $22,586.37 $49,437.89
29 $2,313.96 $23,979.44 $25,458.44
30 $834.96 $25,458.44 $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 Lakeland, MN


1500 sqft3900 sqft
Ø selling price$379,336$806,950
Ø fast selling$344,850$726,255
Ø high price sale$413,821$887,644

In 2026, houses in Lakeland, MN will be offered at an average price of $209 per square foot. A 1,500 sqft home priced at $379,336 is 20.95% more expensive per square foot than a 3,900 sqft home priced at $806,950. Home prices in Lakeland, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $558,657. Sellers who can wait longer may achieve a higher price of up to $682,803.


Lakeland, Minnesota: A St. Croix River Community

Located along the scenic St. Croix River in Washington County, Lakeland, MN offers a quiet small-town vibe within the Twin Cities metro.
This riverfront community blends natural beauty with convenient access to everyday amenities and employment.

Location and Lifestyle

Just off I-94 near the Wisconsin border, Lakeland Minnesota sits minutes from Hudson, Afton, and Stillwater for dining, shopping, and entertainment.
Residents enjoy short commutes to St. Paul and Minneapolis while returning to peaceful neighborhoods and tree-lined streets.
Historic roots in 19th-century river commerce still influence the town?s character and close-knit community spirit.

Outdoors and Recreation

Outdoor lovers find year-round recreation, from boating, paddling, and fishing on the St. Croix to hiking and birding on nearby regional trails and parks.
Seasonal colors, river bluffs, and easy access to destinations like Afton State Park make weekend adventures simple.

Housing, Schools, and Access

Lakeland MN real estate features single-family homes, spacious lots, and sought-after river-adjacent properties.
Families value the area?s reputable schools in the Stillwater Area Public Schools district and an active calendar of local gatherings.
With a strong sense of place, friendly local businesses, and abundant nature, living in Lakeland Minnesota delivers small-town charm without sacrificing big-city convenience.



FAQ – Home Values in Lakeland

What is the median home value in Lakeland in 2026?

In 2026, the typical home value in Lakeland is about $365,460 for an average home size of 1751 square feet. This corresponds to an average price of roughly $209 per square foot.

What is the average cost per square foot in Lakeland?

In 2026, homes in Lakeland sell for an average of around $209 per square foot, with a typical range between $154 and $154 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 Lakeland is about 1751 square feet, with an estimated 2026 value around $365,460.



Locations close to Lakeland, MN

Lakeville, MN346 $ / ft²
Lindstrom, MN146 $ / ft²
Lonsdale, MN143 $ / ft²
Lake Elmo, MN195 $ / ft²
Lake City, MN134 $ / ft²
Isanti, MN163 $ / ft²
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