Lester Prairie, MN Home Values & Market Trends

Real estate market trends reflect that there have been 32 transactions over the past year in Lester Prairie. The median value for residential home transactions that occurred over the previous year is $271,971.48. The number of current listings in Lester Prairie is 4, and the percentage of properties for sale in the city is 4.00%. Lester Prairie, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Lester Prairie, MN Real Estate Market Overview

ZipMedian Est. Value
55354

$ 240,164

$ 108/sqft

Housing Market Summary for Lester Prairie, MN

Apr 2023March 2024Change
Median Listing Price$279.9K$249.1K-10.99%
Median Sold Price$240.1K$249.1K3.77%
Homes For Sale32-33.33%
Homes Sold202630.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lester Prairie, MN

Lester Prairie home values range from $32,691 to $1,210,287. The median estimated value of a home in Lester Prairie is $271,971.48. The median list price of a home is 269,900, and the total count of properties in the city is 841.

Foreclosure
There is 1 zips within Lester Prairie, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Lester Prairie, MN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lester Prairie, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lester Prairie, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lester Prairie, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lester Prairie, MN. There is 1 zips within Lester Prairie, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lester Prairie, MN. Auction homes and other auction properties account for 0% of all properties in Lester Prairie, MN. There is 1 zips within Lester Prairie, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in Lester Prairie, MN with 55354 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lester Prairie, MN; homes for sale in that zips, have a range of median values from $311,150 in 55354 to the lowest value of $168,232 in 55354.
    Sold Homes
    The median value for recently sold homes ranges from $1,182,384 in 55354 to the lowest price of $151,000 in 55354. There is 1 zips within Lester Prairie, MN. 55354 has 29 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.45% of properties in Lester Prairie, MN.

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      Guide for Lester Prairie, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Lester Prairie, MN

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