- 2 bd
- 1 ba
- 750 sqft

The average Lakefield, MN home value is $207,059, up 0.0% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $207,059
1-Year Value Change: +0%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Lakefield, MN is $207,059 as of August 2026. This represents a 0.6% decrease compared to last month and a 0.0% increase year-over-year.
Home values in Lakefield, MN have decreased by 0.6% month-over-month and 0.0% year-over-year.
The median home value in Lakefield, MN ($207,059) compares to: Jackson County ($228,025), Minnesota ($350,752), and the U.S. national median ($368,697).