Lakeland housing market, March 2026
Past report · Minneapolis Area REALTORS® Local Market Update · current as of April 7, 2026. See the newest report (September 2026)
- Median sale price$340K— vs. March 2025
- Homes sold1— vs. March 2025
- Days on market193March 2026
- Months of supply1.3end of March 2026
The short version
Lakeland in March 2026
In March 2026, 1 home sold in Lakeland, against 0 in March 2025.
The median sale price was $339,900, and homes spent 193 days on market, with sellers receiving 100% of their original list price.
The month ended with 2 homes for sale, 1.3 months of supply (a seller’s market by the usual measure).
Over the 12 months through March 2026, the median was $372,450 (down 13.4%) across 14 sales.
Only 1 home sold here in March 2026, 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 |
| Dec 2025 | $405,000 |
| Jan 2026 | $332,500 |
| Feb 2026 | $369,900 |
| Mar 2026 | $339,900 |
All the numbers
Lakeland, March 2026 vs. March 2025
| March 2026 | 12 months through March 2026 | |||||
|---|---|---|---|---|---|---|
| Measure | Year before | This year | Change | Year before | This year | Change |
| Median sale price | — | $339,900 | — | $430,000 | $372,450 | −13.4% |
| Average sale price | — | $339,900 | — | $800,467 | $410,800 | −48.7% |
| Price per square foot | — | $176 | — | $271 | $216 | −20.4% |
| Closed sales | 0 | 1 | — | 15 | 14 | −6.7% |
| New listings | 3 | 1 | −66.7% | 19 | 22 | +15.8% |
| Days on market | — | 193 | — | 16 | 65 | +306.3% |
| % of original list price received | — | 100% | — | 99.9% | 97.4% | −2.5% |
| Homes for sale (end of month) | 3 | 2 | −33.3% | — | — | — |
| Months of supply | 1.5 | 1.3 | −13.3% | — | — | — |
| Twin Cities region, median price | $380,000 | $380,000 | 0.0% | $381,900 | $390,000 | +2.1% |
Source: Minneapolis Area REALTORS® Local Market Update, Lakeland, March 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of April 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.
Quick answers
Lakeland in March 2026: questions
What was the median home price in Lakeland, MN in March 2026?
$339,900, from 1 sales, 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 $372,450.
How many homes sold in Lakeland, MN in March 2026?
1, against 0 in March 2025. 1 new listings came on the market that month.
Was Lakeland a buyer's or seller's market in March 2026?
Lakeland ended March 2026 with 1.3 months of supply (2 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.