Housing in Lake Shore, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$875,175
Median List Price
$699,900
Price Per Sq Ft
$291
Days on Market
252
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$718,609
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
106.8%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$291
Median List $/SF
$288
Lake Shore vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Shore is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$532,500
Median Rent
$982
Total Housing Units
1,060
Vacancy Rate
53.6%
Owner Occupied
90.7%
Renter Occupied
9.3%
Median Property Tax
$4,217
per year
Monthly Cost (w/ Mortgage)
$1,300
Housing Types
The current median sale price in Lake Shore, MN is $875,175 according to Redfin data. Homes spend a median of 252 days on the market. 100.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $291. The median rent is $982 per month (Census ACS). About 90.7% of housing units are owner-occupied. The median year homes were built is 1993. There are 1,060 total housing units.