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County Overview

Lyon County, MN

Aggregate real estate market report across county ZIPs
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Lyon County, MN real estate market currently shows 47 active listings, with 26 pending sales. Homes are averaging 153 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 153 days on market compared to 73 days last year.

The median listing price has fallen 22.7% year-over-year, from $220,000 to $169,975.

Whether you are buying or selling in Lyon County, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,334  ·  Density: 21.1/mi²  ·  Median household income: $69,988

Typical home value: $185,721  ·  Homeownership: 70.6%

Included Areas

Balaton: 56115

Cottonwood: 56229

Garvin: 56132

Ghent: 56239

Lynd: 56157

Marshall: 56258

Minneota: 56264

Russell: 56169

Tracy: 56175

Area Map

Market Overview

Active Listings
47
⇧ 4.4% vs 45 last year
Pending
26
55% pending ratio
Median Price
$169,975
⇩ 22.7% vs $220,000 last year
Average Price
$265,362
⇧ 15.9% vs $228,954 last year
Days on Market
153
⇧ 109.6% vs 73 days last year

Price Per Square Foot

Median $/sqft
$108
⇩ 2.7% vs $111/sqft last year
Median Home Size
1,767 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 8.1% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %