Median home value in zip code 55043 (Lakeland, MN) is $386,879, up 1.6% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$386,879

YoY Change

+1.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 55043 (Lakeland).

Income (annual)

Down Payment

$77,376 on $386,879

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

Out of reach39.8% of income

Need $106,586/yr to afford.

PITI$2,487

P/I39.8%

Afford$272K

Gap-$115K

P&I $1,956Tax $380Ins $150

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

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

Metro Analysis

55043 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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