Lester Prairie, MN

Balanced market-20.3% YoY

Housing market overview · Updated weekly

$275,000median sale price

Homes sold

1

Last 12 weeks

Days on market

87

Average pace

Active listings

1

1.0 months supply

Sale-to-list

94.8%

Below asking

The Lester Prairie housing market is currently classified as a balanced market with a median sale price of $275,000. Prices have fallen 20.3% compared to last year, with homes spending an average of 87 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.

Market trends

Homes for sale in Lester Prairie

There are currently 1 homes listed for sale in Lester Prairie, Minnesota.

Active listings

1

Homes on market

Avg. days on market

87

Days until sale

Price drops:100.0%of listings
Sale-to-list:94.8%

Explore nearby cities in MN

Frequently asked questions

What is the average home price in Lester Prairie?

The median home sale price in Lester Prairie is $275,000, down 20.3% from last year.

How long do homes stay on market in Lester Prairie?

Homes typically spend 87 days on market before going under contract.

Is Lester Prairie a buyer's or seller's market?

With 1.0 months of supply, Lester Prairie is currently a balanced market.

Get Lester Prairie market alerts

Weekly updates on prices, inventory, and trends. Free forever.