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County Overview

Lyon County, MN

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

Market Analysis

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

The Lyon County, MN real estate market currently shows 70 active listings, with 14 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 49 days last year.

The median listing price has risen 7.6% year-over-year, from $209,750 to $225,750.

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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
70
⇧ 7.7% vs 65 last year
Pending
14
20% pending ratio
Median Price
$225,750
⇧ 7.6% vs $209,750 last year
Average Price
$252,088
⇧ 0.1% vs $251,803 last year
Days on Market
68
⇧ 38.8% vs 49 days last year

Price Per Square Foot

Median $/sqft
$112
⇩ 8.2% vs $122/sqft last year
Median Home Size
1,835 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 48.4% 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 %