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Property-class scope

The story of this market

The typical home in ZIP 56150 sells for about $192,450, or $107 per square foot.

Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $945 a month.

ZIP market report · consumer edition · quarterly refresh

Track this ZIP

ZIP 56150 — Lakefield

Jackson County →refreshed Sep 23, 2026next refresh Oct 23, 2026

Market mood · neutral

The housing market in 56150 is characterized by low inventory and a stable median listing price of $192,450. Activity remains limited, reflecting a quiet rural market environment in Jackson County.

Parent geography

Lakefield · no city intel reportJackson County →Minnesota state →

Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery

Leaflet Imagery © Esri, Maxar, Earthstar Geographics

Land area · 452.9 km²Water area · 15.2 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary

Median sale price

$192,450

Corroboration pending — anchor baseline forms on the first refresh cycles

Days on market

52 days

Active listings

ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded

Composite · average of graded sections

Computed only from this report's published readings — sections without data are excluded, never estimated.

Growth/100

Median prices moved sideways 0.0% year over year.

Liquidity/100

Homes spend a median of 52 days on market with 0.0 months of supply — a fast-moving market.

Momentum/100

0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.

Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 9.2% — a stable, low-distress profile.

Census trends · population flowsACS 2019-2023 5-year estimates

Population base

2,802

ZCTA 56150, Jackson County MN

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular

Foreign-born share

1.6%

Foreign-born residents

Naturalized (of foreign-born)

40.9%

Non-citizens (of population)

0.9%

Entered 2010 or later (of foreign-born)

15.9%

World region of birth (foreign-born)

Americas

77.3%

Asia

13.6%

Europe

9.1%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Discovery profileACS 2019-2023 5-year estimates

Census profile · ZCTA 56150, Jackson County MN

Population

2,802

Median age

43 yrs

Owner-occupancy

78.5%

Median home value

$145,000

Median gross rent

$750

Median household income

$62,500

Median year built

1956

Vacancy rate

8.2%

Renter share

21.5%

Owner cost burden

12.4%

Renter cost burden

28.1%

Work-from-home share

5.2%

Mean commute

18.5 min

Bachelor's or higher

22.1%

Unemployment

1.3%

Poverty rate

9.2%

Avg household size

2.3

White

94.2%

Hispanic

3.8%

Other

Data retrieved from data.census.gov ZCTA 56150 profile.

Sources · 3 cited

Realtor.com 56150 Market Data Trulia 56150 Listings US Census Bureau Data

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.