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Lake Crystal Main StreetPhoto: Blanderson1869 · CC BY-SA 4.0
Housing in Lake Crystal

36 homes sold in Lake Crystal in the last year, at a typical $230K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Crystal homes are listed.

Homes sold
36
October 2025 to September 2026
Typical sale price
$230K
median, weighted by sales
Price per square foot
$134
Minnesota $189
Paid vs. asking
99.1%
27% sold over asking
For sale now
19
September 2026 · 1 sold that month
What sold · last 12 months

Houses are 0% of Lake Crystal’s sales, at a typical — (year to May 2026)

36 homes sold in the year to September 2026.

14 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

36 sales in the last year, against 63 in 2015 and a low of 26 in 2023. The typical sale went from $136K in 2016 to $230K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 48 sold, typical $108K’122013: 43 sold, typical $132K2014: 47 sold, typical $131K’142015: 63 sold, typical $127K2016: 53 sold, typical $136K’162017: 46 sold, typical $125K2018: 60 sold, typical $138K’182019: 43 sold, typical $171K2020: 49 sold, typical $158K’202021: 54 sold, typical $183K2022: 42 sold, typical $201K’222023: 26 sold, typical $222K2024: 37 sold, typical $227K’242025: 34 sold, typical $249KLast 12 months: 36 sold, typical $230KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Lake Crystal are more common than before the pandemic, with about as many homes for sale

We read every month of Lake Crystal’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 36 sales.

If you’re buying in Lake Crystal

  • Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Bid near asking. Buyers paid 99.1% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 28 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 5 a month), and the most competition: 32% close over asking. April and May offer nearly as much choice with fewer homes bid up (26%). February has the least competition (15%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 19% sold over asking, 91 days to sellJFeb: 3 new listings a month, 15% sold over asking, 99 days to sellFMar: 3 new listings a month, 18% sold over asking, 98 days to sellMApr: 5 new listings a month, 26% sold over asking, 80 days to sellAMay: 5 new listings a month, 25% sold over asking, 65 days to sellMJun: 5 new listings a month, 32% sold over asking, 55 days to sellJJul: 5 new listings a month, 27% sold over asking, 62 days to sellJAug: 5 new listings a month, 30% sold over asking, 59 days to sellASep: 4 new listings a month, 26% sold over asking, 64 days to sellSOct: 4 new listings a month, 30% sold over asking, 63 days to sellONov: 3 new listings a month, 27% sold over asking, 70 days to sellNDec: 3 new listings a month, 22% sold over asking, 83 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Minnesota as a whole

Lake Crystal now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price27%19%52%29%
Gone within two weeksShare of homes under contract within 14 days38%1%11%40%
Price paid vs. askingAverage sale price ÷ list price99.1%97.4%100.3%99%
Days to sellMedian days from listing to contract28835638
Supply

10 homes for sale on a typical day

That’s 2.2 times the 2024 low (5), 13% fewer than in 2017–19 and well under 2012’s 32.

2012: 32 for sale’122013: 23 for sale2014: 20 for sale2015: 23 for sale’152016: 19 for sale2017: 13 for sale2018: 15 for sale’182019: 9 for sale2020: 11 for sale2021: 8 for sale’212022: 7 for sale2023: 5 for sale2024: 5 for sale’242025: 8 for saleLast 12 months: 10 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lake Crystal home costs about $1,386 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Crystal’s typical sale, last 12 months. Property tax at Lake Crystal’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Crystal is affordable on local pay is on Cost of living.

Before you buy in Lake Crystal

Six things worth knowing

5

New listings in June

The month with the most choice. January has the fewest, about 2.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $230K home, about $2,230 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Lake Crystal, from test results, graduation and how much students grow.

Schools in Lake Crystal
25 min

Typical commute

The average one-way trip to work for people who live in Lake Crystal.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Madelia sells for less a square foot; Eagle Lake for far more

The busier markets within 25 miles of Lake Crystal, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Mankato432$292K$16023%30
North Mankato188$317K$15422%36
New Ulm148$245K$13332%25
Eagle Lake39$338K$17524%31
Lake Crystal36$230K$13427%28
Mapleton22$234K$14123%56
Madelia20$207K$12823%35

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Crystal, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Crystal. People who follow the town see it, and so do people comparing Lake Crystal with their own town. No commission, no listing fee.

Questions about buying a home in Lake Crystal

What do homes sell for in Lake Crystal, MN?

36 homes sold in the year to September 2026 at a typical $230K, $134 a square foot.

Is Lake Crystal a buyer’s or seller’s market?

A buyer’s market: 19 homes were for sale in September 2026 and 1 sold, about 11.2 months of supply. Buyers paid 99.1% of asking on average.

When is the best time to buy in Lake Crystal?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lake Crystal?

About 1% of a home’s value a year. On a $230K home that’s near $2,230.

Where can I see homes for sale in Lake Crystal?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Crystal’s MLS listings; the search links above open each one filtered to Lake Crystal.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).