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LAKE CRYSTAL, MN 56055

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKE CRYSTAL, MN real estate market (56055) currently shows 25 active listings, with 8 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 55 days last year.

The median listing price has risen 16.5% year-over-year, from $296,199 to $344,925.

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Market Context

Market Context

Population: 3,844  ·  Density: 12.6/mi²  ·  Median household income: $82,596

Typical home value: $208,271  ·  Homeownership: 82.2%

Market Overview

Active Listings
25
⇧ 38.9% vs 18 last year
Pending
8
32% pending ratio
Median Price
$344,925
⇧ 16.5% vs $296,199 last year
Average Price
$352,368
⇩ 27.6% vs $486,619 last year
Days on Market
53
⇩ 3.6% vs 55 days last year

Price Per Square Foot

Median $/sqft
$140
⇧ 2.9% vs $136/sqft last year
Median Home Size
2,886 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 18 last year
  • Days on market: 53 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $344,925 (+16.5% YoY)
  • Average: $352,368 (-27.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.1 miles — 92 listings ($27,409,636 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56055Lake Crystal, MN 560550.0 mi15$3,924,390$229,900$261,626
56062Madelia, MN 5606210.0 mi5$1,374,500$309,900$274,900
56037Good Thunder, MN 5603712.5 mi4$1,379,868$406,900$344,967
56074Nicollet, MN 5607413.7 mi5$1,839,875$381,950$367,975
56010Amboy, MN 5601016.6 mi1$209,900$209,900$209,900
56050Kasota, MN 5605017.4 mi5$2,024,500$384,900$404,900
56080Saint Clair, MN 5608019.5 mi2$393,300$196,650$196,650
56065Mapleton, MN 5606521.1 mi8$1,853,832$149,900$231,729
56063Madison Lake, MN 5606322.1 mi17$7,771,125$393,750$457,125
56088Truman, MN 5608823.1 mi12$2,455,260$210,000$204,605
56098Winnebago, MN 5609824.5 mi10$1,411,830$138,800$141,183
56048Janesville, MN 5604826.4 mi7$2,631,356$321,975$375,908
56023Delavan, MN 5602327.1 mi1$139,900$139,900$139,900

Frequently Asked Questions

How many homes are for sale in LAKE CRYSTAL, MN 56055?

As of September 2026, there are 25 active listings in LAKE CRYSTAL, MN (zip code 56055), compared to 18 the prior year.

What is the median home price in LAKE CRYSTAL, MN 56055?

The median listing price in LAKE CRYSTAL, MN 56055 is $344,925 as of September 2026, a 16.5% increase from $296,199 the prior year.

How long do homes stay on the market in LAKE CRYSTAL, MN?

Homes in LAKE CRYSTAL, MN 56055 spend an average of 53 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in LAKE CRYSTAL, MN 56055?

Based on current inventory and days-on-market data as of September 2026, LAKE CRYSTAL, MN 56055 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 55 days last year.

How much can I save on real estate commission in LAKE CRYSTAL, MN?

With SELL123.com's maximum 3% commission, sellers in LAKE CRYSTAL, MN 56055 save an estimated $6,899 compared to a typical 5% commission on the median listing price of $344,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.