Lyon County, MN Home Values & Market Trends

The median home price in Lyon County, MN is $157,192.13. There were 168 home sales in Lyon County, MN over the past 12 months. The median residential Lyon County, MN home value for transactions over the previous year is $123,000. The number of current listings in Lyon County, MN is 13, and the percentage of properties for sale is 13.00%. The county has 1 foreclosures, 0 bank owned properties, 1 headed for auction, and 13 properties for sale.

Lyon County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Marshall

$ 158,500

$ 105/sqft

Ghent

$ --

$ --

Garvin

$ 682,167

$ 464/sqft

Lynd

$ --

$ --

Tracy

$ 173,247

$ 66/sqft

Minneota

$ --

$ --

Russell

$ 375,000

$ 168/sqft

Taunton

$ --

$ --

Cottonwood

$ 123,000

$ 82/sqft

Balaton

$ --

$ --

Housing Market Summary for Lyon County, MN

Apr 2023March 2024Change
Median Listing Price$245K$150.6K-38.54%
Median Sold Price$154.9K$150.6K-2.76%
Homes For Sale1311-15.38%
Homes Sold12192-23.97%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lyon County, MN

Lyon County, MN home values range from $14,185 to $1,025,867. Russell is the priciest city with a median listing home price of $375,000, and Cottonwood is most affordable with average house prices of around $123,000.

Foreclosure
There are 10 cities within Lyon County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $283,677 in Marshall to the lowest value of $57,397 in Marshall. Foreclosure homes account for 0.00% of properties in Lyon County, MN with Minneota containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lyon County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Lyon County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lyon County, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lyon County, MN. There are 10 cities within Lyon County, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Minneota has 1 auction properties, the highest number of properties going to auction in a single city in the state of Lyon County, MN. Auction homes and other auction properties account for 0.01% of all properties in Lyon County, MN. There are 10 cities within Lyon County, MN; of those cities, the median estimated home value for homes going to auction ranges from $283,677 in Minneota to the lowest value of $57,397 in Minneota.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in Lyon County, MN with Marshall containing 9 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Lyon County, MN; homes for sale in those cities, have a range of median values from $775,165 in Garvin to the lowest value of $56,675 in Marshall.
    Sold Homes
    The median value for recently sold homes ranges from $345,756 in Taunton to the lowest price of $21,050 in Taunton. There are 10 cities within Lyon County, MN. Marshall has 50 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.19% of properties in Lyon County, MN.

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      Guide for Lyon County, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      Recently Listed Homes Lyon County, MN

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