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Lester Prairie Home Values and Market Report

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Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 99.2% of list price in 62 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $262K Sold · $259K
$520K$430K$340K$250K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Nov. Last month: 3.

Where the market stands

All homes in this report, by status.

35homes
Active8 · 23%
Sold (12 mo)27 · 77%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$323K
Sold$317K

Average days on market

Active80 days
Sold62 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 8
Average list price $322,575
Avg. days on market 80 days
Avg. price per ft² $149 Based on 6 of 8 homes
Avg. living area 2,251 ft² Based on 6 of 8 homes
Avg. beds / baths 4.1 / 2.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 6 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 6 homes in this status.

140 Cedar Drive S$204
900 1st Avenue N$175
207 1st Avenue N$158
2108 Blake Avenue$129
236 Pine Street N$121
136 Elm Street N$107

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
207 1st Avenue NLester Prairie, MN 55354 221,557$246,500$15817 days
900 1st Avenue NLester Prairie, MN 55354 321,597$279,900$17517 days
2108 Blake AvenueLester Prairie, MN 55354 522,616$340,000$12919 days
140 Cedar Drive SLester Prairie, MN 55354 231,784$364,900$20458 days
518 Central AvenueLester Prairie, MN 55354 75—$304,900—64 days
136 Elm Street NLester Prairie, MN 55354 522,415$259,900$10787 days
236 Pine Street NLester Prairie, MN 55354 543,542$429,500$121128 days
26 Juniper Street NLester Prairie, MN 55354 ———$355,000—249 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.