55041, Lake City, MN

The 55041 zip code of Lake City, Minnesota has a median home value of $130,000 and a median home equity value of $144,000. These values are relatively high when compared to other zip codes in the Twin Cities metro area. The average home value in Minneapolis is $116,500 and the average home equity value is $128,700.

There are several factors that may contribute to the high values in the 55041 zip code of Lake City. First, Lake City is located in a desirable area with plenty of amenities and access to nature. Second, there is a strong demand for housing in this area due to its proximity to many major employers and universities. Finally, Lake City has seen strong growth over the past few years which may have contributed to increased prices.