What is the median home value in Lake Benton, MN?

Name: Home values in Lake Benton, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Lake Benton, MN is $99,800 (±$26,203), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Benton, the median home value went from $86,700 in 2015–2019 to $99,800 in 2020–2024 (+15.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $99,800 (±$26,203)
Owner-occupied homes: 275 (±41)
Most common range: $50,000 to $99,999

Home values in Lake Benton

Owner-occupied homes by value, 2020–2024
Value	Lake Benton	Lincoln County	Minnesota	United States
Less than $50,000	10.5% (±5.1 points)	11.1%	4.0%	5.3%
$50,000 to $99,999	39.6% (±7.6 points)	20.7%	3.7%	6.1%
$100,000 to $149,999	12.0% (±5.6 points)	11.8%	5.2%	6.8%
$150,000 to $199,999	16.0% (±6.1 points)	14.6%	8.1%	9.0%
$200,000 to $299,999	17.1% (±6.5 points)	18.5%	22.6%	17.8%
$300,000 to $499,999	3.3% (±2.9 points)	16.2%	36.9%	26.9%
$500,000 to $999,999	1.5% (±1.9 points)	4.7%	17.0%	20.9%
$1,000,000 or more	0.0% (±7.9 points)	2.4%	2.6%	7.1%

The most common range is $50,000 to $99,999, 39.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Benton against Lincoln County, its state and the nation

Estimate (90% margin of error)
	Lake Benton	Lincoln County	Minnesota	United States
Median home value	$99,800 (±$26,203)	$164,400 (±$6,615)	$329,300 (±$903)	$332,700
Owner-occupied homes	275 (±41)	1,991 (±104)	1,666,687 (±7,556)	84,210,142

In Lake Benton, the median home value is lower than in Lincoln County ($164,400).

It is also lower than in Minnesota ($329,300).

It is lower than the national figure ($332,700).

In Lincoln County, Lake Benton ranks 17 of 19 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 2417 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lake Benton have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$86,700 (±$5,522)	$99,800 (±$26,203)	+15.1%	No measurable change after inflation
Median owner cost with a mortgage	$971 (±$116)	$1,168 (±$105)	+20.3%	No measurable change after inflation
Median real estate taxes	$1,081 (±$146)	$1,120 (±$255)	+3.6%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lake Benton

Nearest places with a published estimate, compared with Lake Benton
Place	Distance	Median home value	Compared with this place
Lake Benton	—	$99,800 (±$26,203)	—
Lake Benton Township	3.5 mi	$329,200 (±$82,261)	Higher
Verdi Township	4.7 mi	$183,300 (±$121,058)	Not measurably different
Diamond Lake Township	5.3 mi	$212,500 (±$25,798)	Higher
Drammen Township	6.9 mi	$156,300 (±$136,178)	Not measurably different
Hope Township	7.9 mi	$240,600 (±$84,143)	Higher
Tyler	8.1 mi	$151,100 (±$10,516)	Higher
Fountain Prairie Township	8.3 mi	$256,300 (±$64,716)	Higher
Marshfield Township	8.9 mi	$337,500 (±$91,644)	Higher

Nearby places with a measurably higher figure: Lake Benton Township, MN ($329,200), Diamond Lake Township, MN ($212,500), Hope Township, MN ($240,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Lincoln County, place by place

Rank	Place	Median home value
11	Lake Stay Township	$222,100 (±$30,000)
12	Diamond Lake Township	$212,500 (±$25,798)
13	Verdi Township	$183,300 (±$121,058)
14	Drammen Township	$156,300 (±$136,178)
15	Tyler	$151,100 (±$10,516)
16	Hendricks	$115,500 (±$22,306)
17	Lake Benton	$99,800 (±$26,203)
18	Arco	$82,000 (±$21,050)
19	Ivanhoe	$66,500 (±$7,817)

Showing 9 of 19 places in Lincoln County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lake Benton

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Lake Benton beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Lake Benton, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Lake Benton, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lake Benton

What is the average home value in Lake Benton, MN?

The Census Bureau publishes the median: $99,800 (±$26,203) for owner-occupied homes in Lake Benton (2020–2024 American Community Survey).

Have home values in Lake Benton gone up?

In Lake Benton, the median home value went from $86,700 in 2015–2019 to $99,800 in 2020–2024 (+15.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Lake Benton sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Benton city, Minnesota (place:34100, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.