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Foreclosure Homes in Lake Lillian, MN

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Lake Lillian, MN Foreclosures

How much do homes sell for in Lake Lillian, MN?
The average home price is currently $466,402.
In Lake Lillian, MN, how many homes are available?
There are currently 1 active home listings available in Lake Lillian.
What’s the average rental cost in Lake Lillian, MN?
The average rental price in Lake Lillian is $1,357.
What is the most expensive home in Lake Lillian?
The most expensive home sold in Lake Lillian had a price of $6,291,162.
What is currently the cheapest priced home in Lake Lillian, MN?
The cheapest home for sale in Lake Lillian is priced at $17,264.

Living in Lake Lillian, MN

Lake Lillian, Minnesota, is a quaint and picturesque small town perfect for those who appreciate nature and a slow-paced lifestyle. With its beautiful lakes, friendly community, and access to outdoor activities, it’s an ideal place for families and retirees alike. The local schools boast good ratings, and residents enjoy a close-knit atmosphere while still being conveniently near larger urban areas for additional amenities.

Current Market Conditions in Lake Lillian, MN

The real estate market in Lake Lillian has remained stable, with a steady flow of homebuyers looking for affordable and picturesque properties. Recent trends show an increase in interest for vacation homes, as buyers are seeking retreats away from urban settings.

Due to its serene environment and affordable housing options, Lake Lillian has seen a growth in both first-time homebuyers and retirees moving to the area for a quieter lifestyle. This trend suggests that despite the small-town nature, the demand for homes remains robust.

Home Value Estimator For Lake Lillian, MN

There are currently 737 real estate properties in Lake Lillian, MN, with a median automated valuation model (AVM) price of $307,981.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Lillian, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Lillian, MN, is $466,402.00, with the most expensive house in Lake Lillian, MN, topping out at $6,291,162.00 and the cheapest home in Lake Lillian, MN, clocking in at $17,264.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Lillian, MN!

Rent Prices In Lake Lillian, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Lillian, MN, is on a rollercoaster ride. The average rent price in Lake Lillian, MN, is $1,357.00. Indeed, when looking to rent in Lake Lillian, MN, you can expect to pay as little as $590.00 or as much as $2,260.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Lake Lillian, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Lillian, MN Foreclosures

Market Trend for Lake Lillian, MN

Total Listings Available: 1

Market Values:

Home Prices from $17,264 to $6,291,162

Average Sales Price: $466,402

Rental Values:

Rental from $590 to $2,260

Average Rent Value: $1,357 / month

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