The median home value in Lake City, MN is $335,000. This is higher than the county median home value of $206,700. The national median home value is $219,700. The average price of homes sold in Lake City, MN is $335,000. Approximately 64.79% of Lake City homes are owned, compared to 21.43% rented, while 13.78% are vacant. Lake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake City real estate agent to arrange a tour today!
Lake City, Minnesota has a population of 5,154. Lake City is less family-centric than the surrounding county with 20.44% of the households containing married families with children. The county average for households married with children is 28.05%.
The median household income in Lake City, Minnesota is $53,300. The median household income for the surrounding county is $61,973 compared to the national median of $57,652. The median age of people living in Lake City is 50.4 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 3.9 degrees. The average rainfall is approximately 33.6 inches per year, with 40.2 inches of snow per year.