Housing in Lester Prairie, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$275,000
Median List Price
N/A
Price Per Sq Ft
$127
Days on Market
87
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$311,200
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
94.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$127
Lester Prairie vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lester Prairie 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
$217,000
Median Rent
$735
Total Housing Units
727
Vacancy Rate
2.3%
Owner Occupied
85.8%
Renter Occupied
14.2%
Median Property Tax
$2,908
per year
Monthly Cost (w/ Mortgage)
$1,234
Housing Types
The current median sale price in Lester Prairie, MN is $275,000 according to Redfin data. Homes spend a median of 87 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $127. The median rent is $735 per month (Census ACS). About 85.8% of housing units are owner-occupied. The median year homes were built is 1975. There are 727 total housing units.