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Featured local agent — Lanesboro, IA
Sarah Mitchell
Compass Real Estate · Lanesboro, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lanesboro, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$82,550median sale price
How is the Lanesboro, IA housing market right now?
The median home sale price in Lanesboro, IA is $82,550, down 45.9% year-over-year. Homes sell in an average of 66 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lanesboro a buyer's or seller's market?
Lanesboro, IA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
66
Average pace
Active listings
1
1.0 months supply
Sale-to-list
103.2%
Above asking
What does the Lanesboro housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $82,550 |
| Year-over-year price change | -45.9% |
| Average days on market | 66 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 103.2% |
| Median price per sq ft | $52/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lanesboro by property type?
How the Lanesboro, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $82,550 | $52/sq ft | 1 | 66 days |
Source: Redfin · Updated monthly
The Lanesboro housing market is currently classified as a strong seller's market with a median sale price of $82,550. Prices have fallen 45.9% compared to last year, with homes spending an average of 66 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lanesboro
There are currently 1 homes listed for sale in Lanesboro, Iowa.
Active listings
1
Homes on market
Avg. days on market
66
Days until sale
Who lives in Lanesboro?
Population
69
Median income
$36,667/yr
Median age
60.1 years
Owner-occupied
87.0%
College grads
6.2%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Lanesboro?
Lanesboro is a community of approximately 0K residents with a median age of 60.1 years.The median household income is $36,667, which represents a working-class community with solid middle-income opportunities. 6.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lanesboro offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lanesboro, IA?
Want a head-to-head view? Compare Lanesboro side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lanesboro?
The median home sale price in Lanesboro is $82,550, down 45.9% from last year.
How long do homes stay on market in Lanesboro?
Homes typically spend 66 days on market before going under contract.
What is the median income in Lanesboro?
The median household income is $36,667 per year.
Is Lanesboro a buyer's or seller's market?
With 1.0 months of supply, Lanesboro is currently a strong seller's market.
How much does a single-family home cost in Lanesboro?
The median single-family home price in Lanesboro, IA is $82,550 (about $52 per square foot).
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