Lanesboro, MN

Balanced market

Housing market overview · Updated weekly

$405,000median sale price

Homes sold

1

Last 12 weeks

Days on market

164

Average pace

Active listings

3

3.0 months supply

Sale-to-list

96.5%

Below asking

The Lanesboro housing market is currently classified as a balanced market with a median sale price of $405,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 164 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lanesboro

There are currently 3 homes listed for sale in Lanesboro, Minnesota. The median listing price is $209K.

Active listings

3

Homes on market

Median list price

$209K

Avg. days on market

164

Days until sale

New this week

1

Newly listed

Price drops:66.7%of listings
Sale-to-list:96.5%

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Frequently asked questions

What is the average home price in Lanesboro?

The median home sale price in Lanesboro is $405,000, down 0.0% from last year.

How long do homes stay on market in Lanesboro?

Homes typically spend 164 days on market before going under contract.

Is Lanesboro a buyer's or seller's market?

With 3.0 months of supply, Lanesboro is currently a balanced market.

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