Minnesota Lake, MN Housing Market
$211,314
6.2% 1-yrThe average Minnesota Lake, MN home value is $211,314, up 6.2% over the past year. (Updated on )
What is the Zillow Home Values Index?
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.
Minnesota Lake Key Takeaways
Typical Home Values: $211,314
1-Year Value Change: +6.2%
(Data through August 31, 2026)
Minnesota Lake Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Minnesota Lake
- NameMedian ZHVI
- Searles--
- Essig--
- Manor Park$336,141
- Northwest Rochester$406,466
- Lincolnshire-Arbor Glen$357,537
- Old Town$359,640
- Redwood$360,174
- Galaxie Commons$278,579
- Folwell$461,588
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.
Minnesota Lake Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Minnesota Lake, MN?
The median home value in Minnesota Lake, MN is $211,314 as of August 2026. This represents a 0.2% decrease compared to last month and a 6.2% increase year-over-year.
How have home values changed in Minnesota Lake, MN?
Home values in Minnesota Lake, MN have decreased by 0.2% month-over-month and 6.2% year-over-year.
How do home values in Minnesota Lake, MN compare to Faribault County, Minnesota, and the national average?
The median home value in Minnesota Lake, MN ($211,314) compares to: Faribault County ($163,932), Minnesota ($350,752), and the U.S. national median ($368,697).
