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Condo Foreclosures in Lake Lillian, MN

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Lake Lillian, MN Foreclosures

Current Market Conditions in in Lake Lillian, MN As of February 2026?
The past month has seen a slight uptick in home sales in Lake Lillian, suggesting a slowly improving market with buyers becoming increasingly active. The number of available listings has stabilized, resulting in more competition among sellers. As interest in rural living rises, offers have become more frequent, thus slightly boosting home prices.
How much do homes sell for in Lake Lillian, MN?
The average home price is currently $465,391.
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 $6,251,424.
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 quaint rural community providing a tranquil lifestyle amid beautiful natural settings. With its namesake lake offering outdoor recreation, the area promotes a close-knit atmosphere with essential amenities and community events. Families looking for a peaceful retreat will find Lake Lillian's charm unmatched.

Buyer vs Seller Market in Lake Lillian, MN

The real estate market in Lake Lillian has shown steady demand, driven by its appeal as a quiet place to live. Home prices have gradually increased over the past year as more families seek rural lifestyles with great outdoor activities. The properties available range widely, catering to various buyer needs.

With a robust supply of single-family homes and a few townhouses, Lake Lillian presents an appealing market for buyers looking for affordable housing options in a friendly community atmosphere. Recent trends indicate a growing interest in the area, which keeps prices competitive, yet still reasonable.

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 $304,946.00. 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 $465,391.00, with the most expensive house in Lake Lillian, MN, topping out at $6,251,424.00 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 Condos


Market Trend for Lake Lillian, MN

Total Listings Available: 0

Market Values:

Home Prices from $17,264 to $6,251,424

Average Sales Price: $465,391

Rental Values:

Rental from $590 to $2,260

Average Rent Value: $1,357 / month

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