City:

Lonsdale, MN

Lonsdale is a city in the state of minnesota with a population of roughly 5,528. It is in Rice County, Minnesota the Faribault-Northfield, MN core-based statistical areas (CBSA), and the Minneapolis-St. Paul, MN-WI combined statistical area (CSA).Its Zip codes include 55046 .

Price Trends in Lonsdale, MN

Real estate in Lonsdale, Minnesota is a hot commodity. With a population of just over 10,000 people, the town is located in the Twin Cities metropolitan area and has easy access to major highways and shopping malls. The median home price in Lonsdale was $269,500 as of September 2017, which is above the statewide median home price of $216,000 but below the national median home price of $247,900.

The town's main attraction is its location: it's close to both Minneapolis and St. Paul and offers residents easy access to both city centers. There are also plenty of amenities available in Lonsdale: parks, shopping malls, restaurants and schools.

Despite its popularity among buyers and sellers alike, Lonsdale has seen some challenges with housing availability over the past few years. In 2016 there were only six homes available for sale compared to 18 homes available in 2015; however this trend seems to be reversing as more homes are becoming available each month.

Overall, real estate in Lonsdale appears to be doing well; however there may be some shortages of certain types of housing stock (such as single-family homes) that could lead to higher prices down the road if no new construction takes place.

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