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.

Mike Schwartz
Agent Photo

Think SMART think EXIT
Exit Realty - Great Plains Jackson


Office address:
401 2ND ST
JACKSON, MN

Mike Schwartz has 1 active or recent property listings for $329,000 with the most recent sale on 2024-03-01 for $500,000.
Serving the areas of Sherburn, Alpha, Okabena, Ceylon, Heron Lake, Butterfield, Northrop, Fairmont, Mountain Lake & Welcome
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 15 recent and active property listings that range in price from $44,900 to $749,000 with the most recent sale on 2024-02-20 for $530,000.
Serving the areas of Trimont, Westbrook, Fulda, Brewster, Odin, Round Lake, Windom, Lakefield & Ormsby
Cathy Holthe
Agent Photo
Exit Realty - Great Plains Jackson


Office address:
401 2ND ST
JACKSON, MN

This realtor has 6 recent and active property listings that range in price from $86,832 to $175,000 with the most recent sale on 2024-01-11 for $176,000.
Serving the areas of Mountain Lake, Lakefield, Windom & Jackson
Braedyn Reilly
Agent Photo
Keller Williams Preferred Rlty


Office address:
14300 NICOLLET CT STE 20
BURNSVILLE, MN

This realtor has 2 recent and active property listings that range in price from $135,000 to $210,000 with the most recent sale on 2024-02-20 for $402,000.
Serving the areas of Westbrook, Revere, Avoca, Storden, Lucan, Lamberton, Minneota, Wanda, Morgan & Heron Lake
Read the reviews for Braedyn Reilly
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 1 active or recent property listings for $70,000 with the most recent sale on 2023-11-08 for $222,500.
Serving the areas of Windom, Spencer, Heron Lake, Jackson, Lakefield, Spirit Lake, Worthington, Estherville & Mountain Lake
Read the reviews for Kassaundra Friesen
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 4 recent and active property listings that range in price from $6,000 to $225,000 with the most recent sale on 2023-12-06 for $420,000.
Serving the areas of Ceylon, Worthington, Mountain Lake, Dunnell, Truman, Welcome, Spirit Lake, Ormsby, Sherburn & Windom
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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.