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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 $468,584.
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 $1,365.
What is the most expensive home in Lake Lillian?
The most expensive home sold in Lake Lillian had a price of $4,577,221.
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, MN, is a picturesque town surrounded by beautiful lakes and nature, ideal for families and individuals seeking a tranquil lifestyle. With a strong community spirit and easy access to various amenities and recreational activities, it serves as a great investment opportunity for real estate investors looking for a peaceful home environment. Its proximity to larger towns also enhances its appeal for potential residents.

Current Market Conditions in Lake Lillian, MN

The real estate market in Lake Lillian is currently stable with moderate price appreciation. The demand for homes in the area has seen a slight increase due to the town's appealing lifestyle and natural beauty.

As more people seek a quieter life away from urban centers, Lake Lillian is poised for continued growth in property values, making it an attractive option for real estate investment.

Home Value Estimator For Lake Lillian, MN

There are currently 613 real estate properties in Lake Lillian, MN, with a median automated valuation model (AVM) price of $328,064.00. 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 $468,584.00, with the most expensive house in Lake Lillian, MN, topping out at $4,577,221.00 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 $1,365.00. 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 $4,577,221

Average Sales Price: $468,584

Rental Values:

Rental from $590 to $2,260

Average Rent Value: $1,365 / month

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