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Featured local agent — Lakeland Shores, MN
Sarah Mitchell
Compass Real Estate · Lakeland Shores, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakeland Shores, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$610,000median sale price
How is the Lakeland Shores, MN housing market right now?
The median home sale price in Lakeland Shores, MN is $610,000. Homes sell in an average of 98 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of September 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lakeland Shores a buyer's or seller's market?
Lakeland Shores, MN is currently a seller's market, based on 1.0 months of supply and homes selling in about 98 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
98
Average pace
Active listings
1
1.0 months supply
Sale-to-list
96.8%
Below asking
What does the Lakeland Shores housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $610,000 |
| Average days on market | 98 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.8% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakeland Shores by property type?
How the Lakeland Shores, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $610,000 | $198/sq ft | 1 | 98 days |
Source: Redfin · Updated monthly
The Lakeland Shores housing market is currently classified as a seller's market with a median sale price of $610,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 98 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.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Lakeland Shores
There are currently 1 homes listed for sale in Lakeland Shores, Minnesota.
Active listings
1
Homes on market
Avg. days on market
98
Days until sale
Who lives in Lakeland Shores?
Population
371
Median income
$136,875/yr
Median age
38.5 years
Owner-occupied
93.6%
College grads
41.2%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakeland Shores?
Zillow home value
$533,152
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Lakeland Shores?
Lakeland Shores is a community of approximately 0K residents with a median age of 38.5 years.The median household income is $136,875, which reflects a relatively affluent area with strong earning potential. 41.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakeland Shores offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lakeland Shores, MN?
Want a head-to-head view? Compare Lakeland Shores side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lakeland Shores?
The median home sale price in Lakeland Shores is $610,000, down 0.0% from last year.
How long do homes stay on market in Lakeland Shores?
Homes typically spend 98 days on market before going under contract.
What is the median income in Lakeland Shores?
The median household income is $136,875 per year.
Is Lakeland Shores a buyer's or seller's market?
With 1.0 months of supply, Lakeland Shores is currently a seller's market.
What is the Zillow home value estimate for Lakeland Shores?
The Zillow Home Value Index (ZHVI) for Lakeland Shores is $533,152, representing the typical home value in the area.
How much does a single-family home cost in Lakeland Shores?
The median single-family home price in Lakeland Shores, MN is $610,000 (about $198 per square foot).
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