The median home in Lakefield, Minnesota is valued at $199,044, up 11.0% year over year.
Home Value$199,044
+11.0%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Lakefield.
$39,809 on $199,044
Affordable — 21.5% of income
Under the 28% guideline.
PITI$1,342
P/I21.5%
Afford$260K
Room+$61K
P&I $1,006Tax $186Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Minnesota
Compare Lakefield with other housing markets across Minnesota.