Call or Text (240) SELL-123

LAKELAND, MN 55043

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LAKELAND, MN real estate market (55043) currently shows 4 active listings, with 2 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 141 days last year.

The median listing price has risen 38% year-over-year, from $249,900 to $344,900.

Whether you are buying or selling in LAKELAND, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LAKELAND, MN 55043 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 3,540  ·  Density: 363.2/mi²  ·  Median household income: $96,886

Typical home value: $342,217  ·  Homeownership: 87.3%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
2
50% pending ratio
Median Price
$344,900
⇧ 38% vs $249,900 last year
Average Price
$344,900
⇧ 38% vs $249,900 last year
Days on Market
52
⇩ 63.1% vs 141 days last year

Price Per Square Foot

Median $/sqft
$231
⇧ 20.3% vs $192/sqft last year
Median Home Size
1,533 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 52 now vs 141 last year

Median & Average Pricing

Year over Year
  • Median: $344,900 (+38% YoY)
  • Average: $344,900 (+38% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.2 miles — 618 listings ($333,397,601 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55043Lakeland, MN 550430.0 mi6$2,287,200$349,900$381,200
54016Hudson, WI 540164.6 mi93$75,525,672$699,900$812,104
55042Lake Elmo, MN 550427.3 mi53$43,950,568$662,500$829,256
55125Saint Paul, MN 551258.7 mi77$27,456,660$300,000$356,580
55082Stillwater, MN 550829.9 mi72$64,084,752$575,000$890,066
54022River Falls, WI 5402210.1 mi61$27,689,059$439,900$453,919
55119Saint Paul, MN 5511911.6 mi72$23,249,736$279,000$322,913
55090Willernie, MN 5509012.1 mi1$349,900$349,900$349,900
55115Saint Paul, MN 5511512.4 mi21$17,281,383$830,000$822,923
55106Saint Paul, MN 5510613.6 mi102$26,211,552$265,000$256,976
55071Saint Paul Park, MN 5507113.8 mi9$2,632,050$299,000$292,450
54025Somerset, WI 5402514.4 mi28$15,640,632$434,900$558,594
55107Saint Paul, MN 5510715.2 mi23$7,038,437$272,500$306,019

Frequently Asked Questions

How many homes are for sale in LAKELAND, MN 55043?

As of February 2026, there are 4 active listings in LAKELAND, MN (zip code 55043), compared to 3 the prior year.

What is the median home price in LAKELAND, MN 55043?

The median listing price in LAKELAND, MN 55043 is $344,900 as of February 2026, a 38% increase from $249,900 the prior year.

How long do homes stay on the market in LAKELAND, MN?

Homes in LAKELAND, MN 55043 spend an average of 52 days on the market before going under contract, compared to 141 days the prior year.

Is it a seller's or buyer's market in LAKELAND, MN 55043?

Based on current inventory and days-on-market data as of February 2026, LAKELAND, MN 55043 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 141 days last year.

How much can I save on real estate commission in LAKELAND, MN?

With SELL123.com's maximum 3% commission, sellers in LAKELAND, MN 55043 save an estimated $6,898 compared to a typical 5% commission on the median listing price of $344,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.