What is the median home value in Lake Township (Wabasha County), MN?

The median value of owner-occupied homes in Lake Township (Wabasha County), MN is $372,100 (±$39,005), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Township (Wabasha County), the median home value went from $306,100 in 2015–2019 to $372,100 in 2020–2024 (+21.6%).

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 .

Median home value
$372,100 (±$39,005)
Owner-occupied homes
169 (±23)
Most common range
$300,000 to $499,999

Home values in Lake Township (Wabasha County)

Owner-occupied homes by value, 2020–2024
ValueLake Township (Wabasha County)Wabasha CountyMinnesotaUnited States
Less than $50,00010.7% (±7.2 points)5.7%4.0%5.3%
$50,000 to $99,9992.4% (±2.3 points)2.0%3.7%6.1%
$100,000 to $149,9994.1% (±3.8 points)7.2%5.2%6.8%
$150,000 to $199,9994.7% (±4.5 points)14.3%8.1%9.0%
$200,000 to $299,99913.6% (±5.7 points)29.7%22.6%17.8%
$300,000 to $499,99932.0% (±8.6 points)29.5%36.9%26.9%
$500,000 to $999,99924.9% (±7.7 points)9.9%17.0%20.9%
$1,000,000 or more7.7% (±4.1 points)1.7%2.6%7.1%

The most common range is $300,000 to $499,999, 32.0% 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 Township (Wabasha County) against Wabasha County, its state and the nation

Estimate (90% margin of error)
Lake Township (Wabasha County)Wabasha CountyMinnesotaUnited States
Median home value$372,100 (±$39,005)$264,400 (±$8,354)$329,300 (±$903)$332,700
Owner-occupied homes169 (±23)7,628 (±176)1,666,687 (±7,556)84,210,142

In Lake Township (Wabasha County), the median home value is higher than in Wabasha County ($264,400).

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

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

In Wabasha County, Lake Township (Wabasha County) ranks 8 of 26 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 396 of 2,558.

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

How home values in Lake Township (Wabasha County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$306,100 (±$40,568)$372,100 (±$39,005)+21.6%No measurable change after inflation
Median owner cost with a mortgage$2,058 (±$424)$2,225 (±$230)+8.1%No measurable change after inflation
Median real estate taxes$2,908 (±$419)$3,478 (±$243)+19.6%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 Township (Wabasha County)

Nearest places with a published estimate, compared with Lake Township (Wabasha County)
PlaceDistanceMedian home valueCompared with this place
Lake Township (Wabasha County)—$372,100 (±$39,005)—
West Albany Township3.5 mi$384,200 (±$57,551)Not measurably different
Lake City4.2 mi$238,700 (±$17,259)Lower
Mount Pleasant Township4.8 mi$393,600 (±$36,523)Not measurably different
Pepin Township5.8 mi$303,400 (±$65,978)Not measurably different
Pepin6.4 mi$209,400 (±$14,230)Lower
Gillford Township7.1 mi$258,900 (±$81,636)Lower
Stockholm7.2 mi$287,500 (±$99,462)Not measurably different
Glasgow Township7.3 mi$335,200 (±$19,032)Not measurably different

Nearby places with a measurably lower figure: Lake City, MN ($238,700), Pepin, WI ($209,400), Gillford Township, MN ($258,900).

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

Median home value across Wabasha County, place by place

RankPlaceMedian home value
2Mazeppa Township$400,000 (±$39,615)
3Plainview Township$393,800 (±$115,422)
4Mount Pleasant Township$393,600 (±$36,523)
5Hyde Park Township$389,500 (±$56,128)
6Watopa Township$388,200 (±$63,895)
7West Albany Township$384,200 (±$57,551)
8Lake Township (Wabasha County)$372,100 (±$39,005)
9Elgin Township$362,900 (±$16,723)
10Chester Township (Wabasha County)$353,600 (±$107,154)
11Highland Township$344,100 (±$59,880)
12Glasgow Township$335,200 (±$19,032)
13Minneiska Township$323,300 (±$114,917)
14Pepin Township$303,400 (±$65,978)

Showing 13 of 26 places in Wabasha 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.

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Questions about Lake Township (Wabasha County)

What is the average home value in Lake Township (Wabasha County), MN?

The Census Bureau publishes the median: $372,100 (±$39,005) for owner-occupied homes in Lake Township (Wabasha County) (2020–2024 American Community Survey).

Have home values in Lake Township (Wabasha County) gone up?

In Lake Township (Wabasha County), the median home value went from $306,100 in 2015–2019 to $372,100 in 2020–2024 (+21.6%).

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 Township (Wabasha County) 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 township, Wabasha County, Minnesota (county subdivision:34028, in state:27 county:157).

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.

Figures last updated on .

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