There are no geographical USDA loan restrictions in this postal code. Click for more details on 56150.

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Positive Aspects:
1. Lakefield is a beautiful and tranquil city, surrounded by lush greenery and peaceful lakes.
2. Residents of Lakefield can enjoy the many outdoor activities that the area has to offer, including fishing, swimming, boating, and hiking.

Negative Aspect:
1. The cost of living in Lakefield is quite high compared to other parts of Minnesota due to its popularity as a tourist destination.

Danielle Rossow
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Text : daniellesmyagent to 85377
Hello! Are you looking to buy or sell real estate? I am ready, willing and excited to help you with all of your real estate ... see full details and contact information for Danielle ... to help you grow in this industry and to welcome you to the EXIT family!
This realtor has 2 recent and active property listings that range in price from $16,000 to $77,000 with the most recent sale on 2024-05-07 for $460,000.
Serving the areas of Spencer, Springfield, Heron Lake, Jackson, Arnolds Park, Sherburn, Westbrook, Mountain Lake & Lakefield
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Mike Schwartz
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Think SMART think EXIT
Exit Realty - Great Plains Jackson


Office address:
401 2ND ST
JACKSON, MN

Mike Schwartz has 8 recent and active property listings that range in price from $1 to $274,900 with the most recent sale on 2024-04-23 for $500,000.
Serving the areas of Butterfield, Welcome, Northrop, Round Lake, Sherburn, Lakefield, Mountain Lake, Bemidji, Darfur & Alpha
Kassaundra Friesen
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Your source for real estate in Southwest Minnesota and Northwest Iowa!
Hi, I'm Kassaundra Friesen. I am an EXIT Realty-Great Plains REALTOR ready to represent clients throughout Southwest ... see full details and contact information for Kassaundra ... strive to exceed their expectations. I look forward to working with you!
This realtor has 2 recent and active property listings that range in price from $170,000 to $170,500 with the most recent sale on 2024-06-30 for $222,500.
Serving the areas of Heron Lake, Fairmont, Mountain Lake, Estherville, Worthington, Lakefield, Spencer, Spirit Lake & Jackson
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Holly Sieve
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Team Sold
Hi, my name is Holly Sieve. I am a long time resident of Worthington, MN having been born and raised in this community. I ... see full details and contact information for Holly ... Give me a call today for more information on the services I can offer!
This realtor has 6 recent and active property listings that range in price from $117,500 to $379,900 with the most recent sale on 2024-06-28 for $410,000.
Serving the areas of Round Lake, Windom, Brewster, Fulda, Rushmore, Lakefield, Slayton, Wilmont, Adrian & Heron Lake
Renee Baerenwald
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With over a decade of experience in real estate, I am happy to offer the best quality services for all your real estate needs in southwest Minnesota.
This realtor has 6 recent and active property listings that range in price from $124,000 to $453,500 with the most recent sale on 2024-06-28 for $640,000.
Serving the areas of Steen, Pipestone, Woodstock, Balaton, Lismore, Lamberton, Chandler, Magnolia, Mountain Lake & Beaver Creek
Kathy Hanson
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Your personal REALTOR. Bringing your dreams home
Hello, and welcome! Im Kathy Hanson, Broker/Owner of Five Star Realty. As a team of local REALTORS, we serve Windom, ... see full details and contact information for Kathy ... get to know each other. I look forward to meeting you! Kathy Hanson
This realtor has 13 recent and active property listings that range in price from $44,900 to $299,000 with the most recent sale on 2024-04-19 for $500,000.
Serving the areas of Lakefield, Butterfield, Ormsby, Windom, Jeffers, Round Lake, Fulda, Brewster & Bingham Lake
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Cathy Holthe
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Exit Realty - Great Plains Jackson


Office address:
401 2ND ST
JACKSON, MN

This realtor has 5 recent and active property listings that range in price from $65,000 to $164,000 with the most recent sale on 2024-06-20 for $374,000.
Serving the areas of Jackson, Lakefield, Mountain Lake & Windom
Charity Ringnell
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Licensed in Minnesota, and an Agent That Can Serve All Your Real Estate Needs In Southern Minnesota..
Charity has 5 recent and active property listings that range in price from $6,000 to $195,000 with the most recent sale on 2023-12-06 for $420,000.
Serving the areas of Trimont, Welcome, Estherville, Mankato, Winnebago, Dolliver, Mountain Lake, Worthington, Sherburn & Windom
Chris Yarbro
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As a RE/MAX agent, Im dedicated to helping my clients find the home of their dreams. Whether you are buying or selling a ... see full details and contact information for ... opportunity to work with you. Please dont hesitate to contact me today!
Chris Yarbro has 0 active or recent property listings for $0 with the most recent sale on 2024-05-10 for $1,230,000.
Serving the areas of Renville, Northome, Detroit Lakes, Calumet, Comfrey, Sargeant, Elko New Market, Mankato, Stanchfield & Strandquist
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Official State Seal

Here are a few pros and cons to consider when it comes to purchasing real estate in the village of Lakefield, Minnesota:

Pros:
- Cost of living: Lakefield has a cost of living that is lower than the U.S. average, which can make it an affordable option for homebuyers.
- Rural setting: Lakefield's rural setting offers more peace and quiet, as well as access to outdoor activities like fishing and hiking.
- Affordable real estate prices: As of 2021, the median home price in Lakefield is $62,500, which is significantly lower than the national median home price.

Cons:
- Limited job opportunities: Lakefield has a very small population, which means that there are limited job opportunities available.
- Harsh winters: Minnesota winters can be very cold and snowy, which may not be ideal for some homebuyers.
- Lack of amenities: Lakefield is a small village, which means that there may be a limited amount of amenities available to residents.

Overall, it's important to carefully consider your priorities and lifestyle when deciding whether to purchase real estate in Lakefield, Minnesota.