Median home value in zip code 55041 (Lake City, MN) is $312,382, up 2.7% year over year. Part of the Rochester, MN metropolitan area.

Home Value$312,382

YoY Change

+2.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 55041 (Lake City).

Income (annual)

Down Payment

$62,476 on $312,382

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

Stretch32.3% of income

Above 28% but manageable with cuts.

PITI$2,021

P/I32.3%

Afford$270K

Gap-$42K

P&I $1,580Tax $292Ins $150

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

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55041 is part of the Rochester, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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