Lakeland housing market, November 2025
Past report · Minneapolis Area REALTORS® Local Market Update · current as of December 5, 2025. See the newest report (September 2026)
- Median sale price$375K−66.7% vs. November 2024
- Homes sold10.0% vs. November 2024
- Days on market14November 2025
- Months of supply1.9end of November 2025
The short version
Lakeland in November 2025
In November 2025, 1 home sold in Lakeland, against 1 in November 2024.
The median sale price was $375,000, down 66.7% from a year earlier, and homes spent 14 days on market, with sellers receiving 101.4% of their original list price.
The month ended with 3 homes for sale, 1.9 months of supply (a seller’s market by the usual measure).
Over the 12 months through November 2025, the median was $367,500 (down 14.5%) across 12 sales.
Only 1 home sold here in November 2025, so this month's numbers can swing a lot. The 12-month figures are steadier.
Single months can swing when few homes sell.
Show as a table
| Year | Median price |
|---|---|
| Nov 2024 | $1,125,000 |
| Dec 2024 | $450,000 |
| Feb 2025 | $325,000 |
| May 2025 | $686,250 |
| Jun 2025 | $355,000 |
| Jul 2025 | $360,000 |
| Aug 2025 | $385,000 |
| Sep 2025 | $389,900 |
| Nov 2025 | $375,000 |
All the numbers
Lakeland, November 2025 vs. November 2024
| November 2025 | 12 months through November 2025 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | $1,125,000 | $375,000 | −66.7% | $430,000 | $367,500 | −14.5% |
| Average sale price | $1,125,000 | $375,000 | −66.7% | $794,133 | $422,617 | −46.8% |
| Price per square foot | $448 | $228 | −49.2% | $264 | $213 | −19.4% |
| Closed sales | 1 | 1 | 0.0% | 15 | 12 | −20.0% |
| New listings | 0 | 1 | — | 18 | 23 | +27.8% |
| Days on market | 2 | 14 | +600.0% | 22 | 47 | +113.6% |
| % of original list price received | 102.3% | 101.4% | −0.9% | 99.8% | 97.4% | −2.4% |
| Homes for sale (end of month) | 1 | 3 | +200.0% | — | — | — |
| Months of supply | 0.5 | 1.9 | +280.0% | — | — | — |
| Twin Cities region, median price | $376,000 | $387,000 | +2.9% | $379,000 | $390,000 | +2.9% |
Source: Minneapolis Area REALTORS® Local Market Update, Lakeland, November 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of December 5, 2025. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.
Quick answers
Lakeland in November 2025: questions
What was the median home price in Lakeland, MN in November 2025?
$375,000, from 1 sales (down 66.7% from November 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $367,500.
How many homes sold in Lakeland, MN in November 2025?
1, against 1 in November 2024. 1 new listings came on the market that month.
Was Lakeland a buyer's or seller's market in November 2025?
Lakeland ended November 2025 with 1.9 months of supply (3 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.