55041
Lake City, Minnesota.
Lake City, Wabasha County, MN · Rochester, MN metro · population 7,510
to buy the typical home at today's mortgage rate — +$905 (+114%) since Jan 2020.
- 1 year
- Up $9,054 +3%
- $314,372$323,426 since Sep 2025
- 5 years
- Up $62,348 +24%
- $261,078$323,426 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 55041$1,698
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in zip 55041 rose 2.9% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Wabasha County, MN 83% · Goodhue County, MN 17%
Zillow also publishes an index for the city itself: Lake City, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 55041
Mid-tier homes, smoothed and seasonally adjusted.
- 55041$323,426
- Rochester$338,327
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.8 | 55026 | Frontenac | 470 | — | $342,981 |
| 8.9 | 54769 | Stockholm | 515 | — | $381,673 |
| 9.9 | 55957 | Millville | 748 | — | $422,738 |
| 10.7 | 55991 | Zumbro Falls | 1,394 | — | $445,675 |
| 11.6 | 54759 | Pepin | 1,392 | — | $286,147 |
| 12.9 | 55981 | Wabasha | 3,955 | — | $291,731 |
| 13.0 | 55956 | Mazeppa | 2,199 | — | $382,094 |
| 13.9 | 55066 | Red Wing | 19,226 | $1,443 | $282,512 |
| 14.9 | 55027 | Goodhue | 2,739 | — | $369,401 |
| 15.6 | 54750 | Maiden Rock | 1,047 | — | $345,619 |
| 15.7 | 55945 | Kellogg | 1,321 | — | $355,734 |
| 15.8 | 54723 | Bay City | 973 | — | $315,453 |
| 17.4 | 54761 | Plum City | 1,149 | — | $275,301 |
| 17.8 | 55932 | Elgin | 1,999 | — | $361,028 |
| 17.9 | 55964 | Plainview | 4,400 | — | $305,104 |
| 19.0 | 54756 | Nelson | 946 | — | $268,660 |
| 19.0 | 55992 | Zumbrota | 5,544 | — | $331,052 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.