Lakeland, MN housing market
The typical Lakeland home is worth about $406,000, up 1.3% in a year, 16% above the Minnesota typical home.
Home values, sales, trends and how Lakeland compares with the towns next door — updated as new data is published.
Lakeland at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Lakeland | Minnesota |
|---|---|---|
| 2017 | $257,000 | $217,000 |
| 2018 | $272,000 | $232,000 |
| 2019 | $284,000 | $246,000 |
| 2020 | $309,000 | $259,000 |
| 2021 | $331,000 | $282,000 |
| 2022 | $364,000 | $313,000 |
| 2023 | $385,000 | $325,000 |
| 2024 | $391,000 | $331,000 |
| 2025 | $402,000 | $341,000 |
| 2026 | $405,000 | $349,000 |
| August 2026 | $406,000 | $351,000 |
Lakeland and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Lakeland | $406K | +1.3% | — | $100,132 |
| Lakeland Shores | $526K | +3.8% | — | $134,375 |
| Hudson | — | — | 35 | $93,937 |
| Lake St. Croix Beach | $345K | +3.1% | — | $102,159 |
| Afton | $727K | +2.9% | — | $133,305 |
4.1 years of income
The typical Lakeland home costs about 4.1 years of the town's median household income, about the same as across Minnesota (3.9).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.