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
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 Market | 164 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 66.7% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $141 |
Ownership & Stock
| Owner-Occupied | 71.7% |
| Renter-Occupied | 28.3% |
| Homeownership Rate | 71.7% |
| Total Housing Units | 454 |
| Median Year Built | 1950 |
| Rent Burden | 22.0% |
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