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Lanesboro, MN

Full City Profile · Minnesota · Winona County County

4.7 /5.0
A+ Excellent
804 Population 529/sq mi density
$80,000 Median Income $39,966 per capita
$186,900 Home Value $224,113 Zillow
$532 Median Rent 22.0% income on rent
45°F Avg Temperature 260 sunny days/yr
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.6 / 5.0
$80,000 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$186,900 home value, $532/mo rent
A
Education
4.5 / 5.0
43.2% bachelor's degree or higher

Housing Overview

Median Home Value
$186,900
34% below
US avg: $281,900
Median Rent
$532/mo
54% below
US avg: $1,163/mo
Homeownership Rate
71.7%
10% above US avg (65.4%)
Total Housing Units
454
Median year built: 1950

Home Value by Source

Census Median
$186,900
Zillow (ZHVI)
$224,113
Median Sale Price
$405,000
Median List Price
$209,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.7%
Owner-Occupied
28.3%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $532/mo

Market Indicators (Redfin)

Median Days on Market
164 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
71.7%

Complete Housing Data

Home Values

Census Median Value$186,900
Zillow Home Value (ZHVI)$224,113
Median Sale Price$405,000
Median List Price$209,000
Price Per Sq Ft$141

Rent

Census Median Rent$532
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market164
Sale-to-List Ratio1.0%
Price Drops66.7%
Homes Sold1
Active Inventory3
Price Per Sq Ft$141

Ownership & Stock

Owner-Occupied71.7%
Renter-Occupied28.3%
Homeownership Rate71.7%
Total Housing Units454
Median Year Built1950
Rent Burden22.0%