With only 1.0 months of inventory, Lanesboro remains a seller's market. The median home price in Lanesboro currently stands at $235,750. At the current pace, all available homes in Lanesboro would sell out in just 1.0 months, indicating a continued supply shortage. Sales volume is down 33% compared to seasonal expectations. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Lanesboro market with the affordability index at 1267.5. Based on current market indicators, home prices in Lanesboro are projected to increase by approximately 8.7% over the next month.