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Featured local agent — Lauderdale, MN
Sarah Mitchell
Compass Real Estate · Lauderdale, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lauderdale, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$345,000median sale price
How is the Lauderdale, MN housing market right now?
The median home sale price in Lauderdale, MN is $345,000, down 2.8% year-over-year. Homes sell in an average of 23 days with 4 active listings. The market is currently a 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 Lauderdale a buyer's or seller's market?
Lauderdale, MN is currently a seller's market, based on 1.3 months of supply and homes selling in about 23 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
23
Average pace
Active listings
4
1.3 months supply
Sale-to-list
97.0%
Below asking
What does the Lauderdale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $345,000 |
| Median list price | $352,450 |
| Year-over-year price change | -2.8% |
| Average days on market | 23 days |
| Active inventory | 4 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lauderdale by property type?
How the Lauderdale, 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 | $360,000 | $188/sq ft | 1 | 10 days |
| Condo / Co-op | $189,900 | $201/sq ft | 1 | 15 days |
| Townhouse | $319,000 | $196/sq ft | 2 | 25 days |
Source: Redfin · Updated monthly
The Lauderdale housing market is currently classified as a seller's market with a median sale price of $345,000. Prices have fallen 2.8% compared to last year, with homes spending an average of 23 days on market, indicating 1.3 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Lauderdale
There are currently 4 homes listed for sale in Lauderdale, Minnesota. The median listing price is $352K.
Active listings
4
Homes on market
Median list price
$352K
Avg. days on market
23
Days until sale
New this week
2
Newly listed
Who lives in Lauderdale?
Population
2,386
Median income
$76,558/yr
Median age
33 years
Owner-occupied
48.8%
College grads
69.7%
Avg commute
22.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Lauderdale?
Zillow home value
$313,031
Zillow rent index
$1,605/mo
Price-to-rent ratio
16.3x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Lauderdale?
Lauderdale is a community of approximately 2K residents with a median age of 33 years.The median household income is $76,558, which reflects a relatively affluent area with strong earning potential. 69.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 48.8%, showing a blend of owner and renter-occupied properties. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lauderdale offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lauderdale, MN?
Want a head-to-head view? Compare Lauderdale side-by-side with any other U.S. city using our market-comparison tool.
Is Lauderdale a good real estate investment market?
For investors evaluating Lauderdale, the price-to-rent ratio of 16.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lauderdale's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lauderdale's median home price.
Frequently asked questions
What is the average home price in Lauderdale?
The median home sale price in Lauderdale is $345,000, down 2.8% from last year.
How long do homes stay on market in Lauderdale?
Homes typically spend 23 days on market before going under contract.
What is the median income in Lauderdale?
The median household income is $76,558 per year.
Is Lauderdale a buyer's or seller's market?
With 1.3 months of supply, Lauderdale is currently a seller's market.
What is the Zillow home value estimate for Lauderdale?
The Zillow Home Value Index (ZHVI) for Lauderdale is $313,031, representing the typical home value in the area.
What is the median condo price in Lauderdale?
The median condo/co-op sale price in Lauderdale, MN is $189,900, compared to $360,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lauderdale?
The median single-family home price in Lauderdale, MN is $360,000 (about $188 per square foot).
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