The median home value in Lakefield, MN is $185,000. This is higher than the county median home value of $169,500. The national median home value is $338,100. The average price of homes sold in Lakefield, MN is $185,000. Approximately 74.91% of Lakefield homes are owned, compared to 15.96% rented, while 9.14% are vacant. Lakefield 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 Lakefield real estate agent to arrange a tour today!
Lakefield, Minnesota has a population of 1,702. Lakefield is less family-centric than the surrounding county with 25.84% of the households containing married families with children. The county average for households married with children is 30.11%.
The median household income in Lakefield, Minnesota is $56,212. The median household income for the surrounding county is $64,134 compared to the national median of $69,021. The median age of people living in Lakefield is 41.4 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 5.6 degrees. The average rainfall is approximately 29.8 inches per year, with 40.4 inches of snow per year.