The median home in Lakefield, Minnesota is valued at $199,044, up 11.0% year over year.

Home Value$199,044

+11.0%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$39,809 on $199,044

Example: $75,000 household income. Change it above to see your own.

Affordable21.5% of income

Under the 28% guideline.

PITI$1,342

P/I21.5%

Afford$260K

Room+$61K

P&I $1,006Tax $186Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Other cities in Minnesota

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Lakefield, MN