Current Price

$302,066

1 Month Forecast

â–² $323,394

1-Year Forecast *

â–² $343,403

5-Year Forecast *

â–² $397,566

"Is it a good time to buy homes in Lake City?" "Does investing in real estate in Lake City (Minnesota State, Wabasha County) worth it?" According to our live Forecast System, buying a house in Lake City is a good short-term (1-year) investment*. The Lake City average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake City" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake City in Minnesota State, Wabasha County. If you are looking for homes for sale with good flipping profit, Lake City can be a profitable property investment option. The median price of an average house in Lake City was 302,066 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake City" area is 397,566 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +31.62% meaning that investing 100000 USD today may yield a profit of 31,616 USD by 2031.

Current Median Listing Price: 302,066 USD Median Listing Price Per Square Foot: 168 USD

Lake City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake City (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake City Price Target

Lake City median home price target in 12 months: $343,403* (upside of 13.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $318,131 $321,567 $318,131 $321,574
2024 $286,255 $302,066 $286,255 $302,066
2023 $277,369 $285,411 $277,369 $285,411
2022 $261,695 $277,228 $261,695 $281,342
2021 $227,208 $258,949 $227,208 $258,949
2020 $212,450 $224,646 $212,450 $224,646
2019 $203,021 $211,529 $203,021 $211,529
2018 $192,335 $201,612 $192,335 $201,612
2017 $180,630 $191,020 $180,630 $191,020
2016 $173,651 $180,060 $173,651 $180,060
2015 $163,475 $172,951 $163,475 $172,951
2014 $159,498 $162,661 $159,498 $162,661
2013 $151,630 $159,250 $151,339 $159,250
2012 $147,530 $152,113 $147,530 $152,113

Questions & Answers about the Lake City Housing Market Forecast

How much does an average home cost in Lake City today?

The value of an average home (the listing price) in Lake City is $302,066 USD.

What is the average price per square foot in Lake City?

According to Walletinvestor the median price per square foot in Lake City is 168 USD.

Will the median listing price of homes in Lake City grow / rise / go up?

Yes. The Lake City home prices may rise from 302,066 USD to 343,403 USD in one year.

Is it profitable to invest in Lake City homes?

Yes. The long-term profit potential is +13.68% in one year.

Will Lake City house prices fall / drop?

No. See above.

What is the predicted price of a Lake City home in 2030?

The predicted home sales price of a Lake City home in 2030 in Lake City is 377,972 USD.

What is the predicted price of a Lake City home in 2035?

The predicted home sales price of a Lake City home in 2035 in Lake City is 461,337 USD.

Will real estate prices decrease in Lake City?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake City is the 6919. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Wabasha, Lake City decreased, looking at the past 12 months.

According to Walletinvestor's Lake City real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.356% to 302,066 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.785% in 2021
  • 12.045% in 2022
  • 15.265% in 2023
  • 15.125% in 2024
  • 12.895% in 2025
  • 14.635% in 2026

Based on our Lake City real estate market research and report the predicted sales prices will increase by 260.597% in the next 10 years.

Over the last 12 months, the value of homes in Lake City fluctuated: increasing 3 times and decreasing 1 times.

Lake City (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake City Housing Market Forecast with Real Estate Prices for 2025
August 2025 323394 299463 347326
September 2025 325232 308646 341819
October 2025 327081 299279 354883
November 2025 328940 307888 349992
December 2025 330809 298721 362898
Lake City Housing Market Forecast with Real Estate Prices for 2026
January 2026 332690 313726 351653
February 2026 333852 308479 359225
March 2026 335705 312542 358869
April 2026 337613 309591 365635
May 2026 339532 322216 356848
June 2026 341462 309706 373218
July 2026 343403 322455 364350
August 2026 345354 324288 366421
September 2026 347317 312933 381702
October 2026 349291 319601 378981
November 2026 350262 317338 383187
December 2026 349516 314565 384468
Lake City Housing Market Forecast with Real Estate Prices for 2027
January 2027 348411 315312 381510
February 2027 347309 329249 365369
March 2027 346736 320731 372741
April 2027 346071 324960 367181
May 2027 346247 324433 368061
June 2027 346287 326202 366372
July 2027 346958 328569 365347
August 2027 347619 325024 370214
September 2027 349072 321146 376998
October 2027 351056 332099 370013
November 2027 352711 328021 377401
December 2027 353864 333693 374034
Lake City Housing Market Forecast with Real Estate Prices for 2028
January 2028 354673 327008 382337
February 2028 355121 336300 373943
March 2028 355788 333373 378202
April 2028 356143 329076 383210
May 2028 357197 323977 390416
June 2028 359011 323110 394912
July 2028 361052 341916 380187
August 2028 363104 334418 391789
September 2028 364822 340014 389630
October 2028 365293 343740 386845
November 2028 365552 334480 396624
December 2028 366599 335438 397760
Lake City Housing Market Forecast with Real Estate Prices for 2029
January 2029 368495 337173 399817
February 2029 370589 350948 390230
March 2029 372639 335747 409530
April 2029 374624 349524 399724
May 2029 376753 345483 408024
June 2029 377743 351301 404185
July 2029 377972 351136 404809
August 2029 378613 350974 406252
September 2029 379872 352141 407603
October 2029 380831 352650 409012
November 2029 380822 354545 407099
December 2029 382986 362305 403668
Lake City Housing Market Forecast with Real Estate Prices for 2030
January 2030 385163 354350 415976
February 2030 387352 352878 421826
March 2030 389554 361116 417991
April 2030 391768 366303 417233
May 2030 393994 364051 423938
June 2030 395371 367695 423047
July 2030 397566 358604 436527
August 2030 399825 375036 424614
September 2030 402098 372744 431451
October 2030 404383 376076 432690
November 2030 406681 381874 431489
December 2030 408993 384862 433123
Lake City Housing Market Forecast with Real Estate Prices for 2031
January 2031 411317 390340 432294
February 2031 413655 376840 450470
March 2031 414805 387013 442597
April 2031 413922 389500 438343
May 2031 412613 389094 436132
June 2031 411308 373467 449148
July 2031 410629 383938 437320
August 2031 409841 386070 433612
September 2031 410050 383397 436703
October 2031 410097 379750 440444
November 2031 410892 385006 436778
December 2031 411675 372566 450784
Lake City Housing Market Forecast with Real Estate Prices for 2032
January 2032 413395 376190 450601
February 2032 415745 377912 453578
March 2032 417705 392643 442767
April 2032 419070 379678 458463
May 2032 420028 394406 445650
June 2032 420559 389017 452101
July 2032 421349 383006 459691

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.