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Cheap Homes in Lismore, MN

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Lismore, MN Foreclosures

Current Market Conditions in in Lismore, MN As of February 2026?
Over the past month, the real estate market in Lismore has shown a slight uptick in buyer interest, leading to faster sales of homes on the market. Average days on market have decreased as families and individuals search for affordable housing options. Despite a small increase in inventory, buyers are actively seeking homes, indicating a healthy demand that could lead to potential price increases in the near future.
How much do homes sell for in Lismore, MN?
The average home price is currently $195,359.
What’s the average rental cost in Lismore, MN?
The average rental price in Lismore is $1,027.
What is the most expensive home in Lismore?
The most expensive home sold in Lismore had a price of $610,726.
What is currently the cheapest priced home in Lismore, MN?
The cheapest home for sale in Lismore is priced at $20,165.

Living in Lismore, MN

Lismore, MN, is a charming small town known for its welcoming community and rural charm. With access to essential amenities and quality schools, it offers a perfect balance of tranquility and convenience. Residents enjoy a lifestyle surrounded by scenic natural beauty and engaging local activities.

Buyer vs Seller Market in Lismore, MN

The current real estate market in Lismore shows signs of stability, with modest growth in home values over the past few months. The market is characterized by a mix of single-family homes, with price points catering to both first-time homebuyers and those looking for more spacious properties. Demand remains steady, particularly for affordable housing options, which continues to attract families and retirees to the area.

In recent years, Lismore has experienced an increase in interest from buyers seeking small-town living. The affordability compared to larger cities makes it an ideal target for home seekers looking for a quieter lifestyle. The community's efforts to promote downtown revitalization and local businesses contribute positively to property values.

Home Value Estimator For Lismore, MN

There are currently 128 real estate properties in Lismore, MN, with a median automated valuation model (AVM) price of $173,081.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lismore, 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 Lismore, MN, is $195,359.00, with the most expensive house in Lismore, MN, topping out at $610,726.00 and the cheapest home in Lismore, MN, clocking in at $20,165.00. In other words, there’s something for every potential homebuyer or savvy investor in Lismore, MN!

Rent Prices In Lismore, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lismore, MN, is on a rollercoaster ride. The average rent price in Lismore, MN, is $1,027.00. Indeed, when looking to rent in Lismore, MN, you can expect to pay as little as $570.00 or as much as $1,850.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Lismore, 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.

Cheap Homes in Lismore, MN


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